The Meteoric Rise of AI
ChatGPT gained popularity only a few short months ago, but the impact it has had on the business world has been staggering. Microsoft’s $10 billion investment in OpenAI, the company behind ChatGPT, alone was enough to change the tide of the machine learning economy for businesses and employees alike.
Still, ChatGPT and the rest of the AI-powered business tools are far from perfect, which even Microsoft will admit.
“Security Copilot doesn’t always get everything right. AI-generated content can contain mistakes.” – Vasu Jakkal, corporate vice president of security, compliance, identity, and management at Microsoft
Regardless of its imperfect nature right now, the future of AI-powered tools like this is bright, and as you can likely tell from the gold rush on finding alternatives, quite lucrative.
Because these tools can be used for everything from coding to content creation at break-neck speeds, they’ve been increasingly attractive to virtually every business in the world. But does this kind of technology require a bit more regulation to avoid any of the potential downfalls?
Considering ChatGPT and similar AI-powered tools are projected to replace up to 80% of all jobs, it’s safe to say that something needs to be addressed before it’s too late. Some tech pioneers are suggesting a six-month pause on progress, just so regulators can catch up to the quick development of the tech. Still, in an industry known to “move fast and break things,” we aren’t holding our breath.
