Australian Executives Scramble to Understand the Value of Generative AI

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Australian Executives Scramble to Understand the Value of Generative AI
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With all eyes on generative AI (GenAI) this year, Australian executives are scrambling to make sense of how the technology can create actual value in their organisations. Despite its impressive advances, it’s important to keep in mind that GenAI is a maturing technology. One that creates an enormous opportunity for any aspiring digital business to create and dominate new GenAI market categories

With all eyes on generative AI (GenAI) this year, Australian executives are scrambling to make sense of how the technology can create actual value in their organisations. All while assessing what’s still an unclear risk profile , as well as learning the basics of the underlying technology itself. Photo illustration showing ChatGPT and OpenAI research laboratory logo and inscription at a mobile phone smartphone screen on a keyboard. Open AI is an app using artificial intelligence technology.

Italy is the first European country to ban and block the robot Chat GPT application and website. ChatGPT is an artificial-intelligence (AI) chatbot developed by OpenAI and launched in November 2022 using reinforcement learning techniques both from machine and human feedback. Amsterdam, the Netherlands on April 1, 2023 (Photo by Nicolas Economou/NurPhoto via Getty Images) Despite its impressive advances, it’s important to keep in mind that GenAI is a maturing technology. One that creates an enormous opportunity for any aspiring digital business to create and dominate new GenAI market categorie

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