Generative Artificial Intelligence (AI) is predicted to revolutionize the economy in the coming years. McKinsey reports suggest that it could add $2.6 trillion to $4.4 trillion to the economy each year. The industries set to benefit the most from the new technology are banking, high tech, and life sciences. While this comes as no surprise, one begs to ask, to what extent will the human side of the workforce be disrupted?
Paul Armstrong, a technology advisor and author of Disruptive Technologies, believes that generative AI’s impact could be significant since the technology can replicate most of what humans do to a good degree. Organizations need to stay up-to-date with current news and trends in generative AI to understand how it may transform their industry. Paul’s weekly newsletter, What Did OpenAI Do This Week? provides companies with concise news updates and analysis to understand the human workforce implications of this shift.
WDODTW is supported by a growing number of experts, ranging from scientists to journalists, who fact-check news and provide multi-viewpoint analysis, keeping its subscribers ahead of the competition. As companies become less transparent in their strategies and ambitions, such newsletters can help employees keep track of AI’s progress and understand its implications in their business.
According to Paul, the next big story in the AI market will be the competition between Google and OpenAI. He also predicted that we could see more industry and academic collaborations since the market is expected to consolidate after an intense period of competition. AI will become more pervasive, and ethical concerns could arise in application.
China remains an enigma in the AI sector’s future. China’s stance on intellectual property rights, data protection, and regulatory compliance, critical to growing AI globally, remains unknown. As companies focus on innovation, regulatory compliance could pose a significant challenge to the expansion of AI. WDODTW subscribers could stay informed about China’s AI policies and how they impact the sector’s growth.
While AI’s impact on the economy is undeniable, companies must stay informed about the technology’s impact on their industry and the human workforce. Paul’s newsletter helps subscribers stay ahead of the latest generative AI trends and understand their implications, ensuring businesses remain competitive in a rapidly changing technological landscape.
