Organisations are urged to review their development road maps and current use cases to determine whether their AI systems sit in the prohibited and high risk categories
Category: Generative AI
Generative AI is a subset of artificial intelligence, capable of creating new content, such as text, images, or code, from existing data. It has the potential to revolutionise industries by automating tasks, enhancing creativity, and driving innovation. For instance, it can generate marketing copy, design product prototypes, or even write software code. The benefits for industry are vast. Increased efficiency, reduced costs, and improved decision-making are key advantages. Generative AI can also help to personalise customer experiences, develop new products and services, and optimise operations.
However, like any powerful tool, generative AI requires careful management and risk assessment. Organisations must ensure data privacy and security, address potential biases in AI outputs, and establish clear ethical guidelines. A robust framework for evaluating the reliability and accuracy of AI-generated content is essential. By carefully considering these factors, businesses can harness the full potential of generative AI while mitigating risks. Anekanta®AI helps organisations to assess and manage AI risk, recommend suitable policies, guide compliance with de facto standards and regulation and minimise impacts on stakeholders.
Unpacking the EU AI Act Negotiations
AI generated outputs used within the EU, whether the software resides in the EU or not, render the it subject to the Act. Whether a developer/provider or user/deployer it is time to take action.
LLM and Gen AI update
ChatGPT from Open AI can provide quite credible, human sounding answers to complex problems. We have tried it out with a range of specialised sector research questions. Find out what happened.