🚀 5 Things CEO’s Should Know About ChatGPT

PLUS: Tom Brady paid millions to become chatbot

Author

Brandon Kelly
October 10, 2023

Happy Monday and welcome to How to Actually AI.

Here is what we got for you today:

  • 📰 TOP PICKS: AI: Friend or Foe to the Workforce?

  • 🚀 GROWTH: 5 Things CEO’s Should Know About ChatGPT

  • 💾 QUICKBYTES: News roundup of everything AI

  • 📺️ WORTH A WATCH: Responsible AI: Insights from Ethics Expert

Read time: 3 minutes.

TOP PICKS

In an interesting twist, a recent article on ZDNet explores the common misconception that AI is a threat to human jobs. On the contrary, the piece argues that human workers have much to gain from AI. It suggests Artificial Intelligence can allow us to be more efficient in our roles and could even create new job opportunities. The key takeaway? Embrace AI, don't fear it!

Next, we turn to Canadian policy where new regulation is underway. The plan is to regulate search and social media's use of AI for content moderation and discoverability. This move sets a potential precedent for how governments around the world might handle AI in the future. Keep an eye on this one, folks.

Lastly, a ZDNet report presents a surprising statistic: 56% of professionals are unsure if their companies have ethical guidelines in place for AI use. This paints a concerning picture about corporate responsibility around AI. It's an important reminder that as we integrate AI into our businesses, ethical guidelines must be a priority.

GROWTH

5 Things CEO’s Need To Know About ChatGPT

As artificial intelligence continues to evolve, it's essential to stay updated on the latest developments. A recent article from Forbes highlights the power of OpenAI's ChatGPT and generative AI's role in transforming the business landscape.

The article details five key points that CEOs and business leaders need to know about these groundbreaking technologies.

Chatbots have made significant strides, evolving from simple command-based programs to sophisticated conversational AI models like ChatGPT. This technology can understand context, generate human-like text, and provide useful, meaningful interactions.

Generative AI can automate various tasks, leading to significant cost savings. ChatGPT, for example, can handle customer inquiries, schedule meetings, and even draft emails, freeing up time for employees to focus on high-value tasks.

Generative AI extends beyond text. It's also powering synthetic media, creating realistic images, videos, and even voices. This has massive implications for industries like entertainment, advertising, and even education.

Key Takeaways

  • Conversational AI is here to stay. As AI technologies continue to evolve, they're becoming more human-like. This brings immense opportunities for businesses to automate processes and enhance customer interactions.

  • Automation equals cost savings. By automating tasks with AI, businesses can save significant amounts of time and money. However, it's vital to implement these technologies ethically and responsibly.

  • Synthetic Media is on the rise. Generative AI isn't limited to text. It's also transforming media, creating realistic content that can be used in a variety of industries. As with any technology, it's critical to consider its ethical implications and potential misuse.

QUICK BYTES

WORTH A WATCH