So, Let's look at what generative AI is (Let's call it GenAI). GenAI can generate various types of data, such as text, images, videos, etc., that are highly realistic and depicts human creativity. GenAI basically learns the patterns of existing data and learns to produce brand-new and unique outputs.
Generative Pre-trained Transformer (GPT) and Midjourney have advanced GenAI's competence remarkably. Bing Chat is another cousin of ChatGPT. Also, there is LaMDA by Google. There are other GenAI like DALL-E(tool for AI-Generated art) and Stable Diffusion.
The world is divided on this for sure, and I came across some interesting comments on GenAI during my research since my encounter with one :
"I'm increasingly inclined to think that there should be some regulatory oversight, maybe at the national and international level, just to ensure we don't do something very foolish. I mean with artificial intelligence we're summoning the demon."—Elon Musk warned at MIT's AeroAstro Centennial Symposium
"There is no reason and no way that a human mind can keep up with an artificial intelligence machine by 2035."—Gray Scott
"Artificial intelligence will be the ultimate version of Google. The ultimate search engine that would understand everything on the web. It would understand exactly what you wanted, and it would give you the right thing. We're nowhere near doing that now. However, we can get incrementally closer to that, and that is basically what we work on."-Larry Page (Co-founder and CEO, Alphabet Inc.' Google')
The varied use of GenAI will also increase the importance of Security, Audit, and compliance, not just at the Organization level but also at a personal level. Fighting against an unknown enemy is impossible. So let's learn, educate and empower everyone around us to be FUTURE READY.
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