Economic Opportunities and Challenges of Generative AI
Generative AI is a step ahead in the evolution of Artificial Intelligence transforming the business landscape. Be it composing music, investment management, or designing graphics, AI has the potential to perform these tasks. Generative AI has a major potential to contribute across various sectors of the economy.
Opportunities for Generative AI
It has been found that Generative AI has diverse opportunities across four key areas including:
Customer operations
Generative AI has diverse functions in customer operations that improve the experience of the customers.