In the whirlwind of technological advancements and societal transformations, the term “AI” has undoubtedly etched itself into the forefront of global discourse. Over the past twelve months, this abbreviation has resonated across innumerable headlines, business surveys and tech reports, firmly securing a position as the Collins English Dictionary’s 2023 Word of the Year. Large Language Models (LLMs) are not just technical jargon; they are practical tools shaping the landscape of day-to-day and corporate activities.
According to McKinsey, nearly a quarter of surveyed C-suite executives openly admit to personally utilizing generative AI (GenAI) tools for their professional tasks, which reflects the widespread acknowledgment of generative AI’s impact as a key agenda item in corporate boardrooms. The same survey states that 79% of respondents across all job titles are exposed to generative AI either at work or at home. A Kaspersky survey in Russia illuminated this reality, revealing that 11% of respondents had integrated chatbots into their work routines, with nearly 30% expressing concerns about the future implications of AI-driven job displacement. If we zoom in on European offices, a staggering 50% of Belgian office workers are reported to use ChatGPT, which showcases the pervasive integration of generative AI tools in professional settings. Across the channel in the UK, this figure rises to a substantial 65%.
As the fast-growing technology evolves, it has become a matter of policy making and regulation. Nations and international organizations have embarked on initiatives to regulate and shape th ..
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