Discover ChatGPT, the revolutionary platform from OpenAI that has disrupted the AI sector with its automated content-creation. See why tech behemoths and investors around the globe have poured millions into its development, with the sector experiencing a major boom since its launch last November. From Elon Musk's imminent rival product to LEAM & Alef Alpha attempting to bridge the gap, explore the potentials & risks created by advancements in AI.
Artificial intelligence (AI) is now widely used to create texts, codes, music, videos and photos, prompting questions about its uncontrollable use and the potential risk of job loss. OpenAI's ChatGPT is a revolutionary platform taking the AI industry by storm with numerous tech giants jumping on the AI investment wagon. Corporations are quickly recognizing the value of generative AI, now integrated into existing tools, making it easily accessible. Total AI investments have skyrocketed, with 350,000 public projects and 140,000 patents filed in 2021. The challenge lies in regulating AI, with the US and Europe respectively lagging and preparing their own policy frameworks.
The US Federal Trade Commission (FTC) is fighting against frauds by warning us about the risks associated with modern AI technologies like ChatGPT. Chair Lina Khan, a Yale Law school graduate, is leading the organization in a safer, more technologically savvy direction. Let's join forces with the FTC to make a more secure and efficient marketplace for everyone.
As AI rapidly evolves, don't forget about laws governing its development and use. OpenAI and ChatGPT faced an Italian regulator's enforcement action for violating GDPR and other regulations. From GDPR to CPRA, ensure you can satisfy data processing legal requirements and protect user rights. Don't forget that any GDPR violations will bring serious consequences. Stay vigilant!
. Epic Systems Corp and Microsoft Corp join forces to leverage the power of AI and open source platforms such as GTP-4 delivered by OpenAI LP services, to improve the productivity of healthcare providers. From helping clinicians to explore medical problems with self-service reporting tools to aiding managers in understanding the operational efficiency of their hospitals, these technologies can empower healthcare firms. Visualize the potential of transforming mundane tasks and automating complex workflows with AI.