Part 4/11:
Given its broad and deep applicability, ethical considerations surrounding Gen AI are multifaceted and context-dependent. Sid explains that the concerns differ across industries and functions. For example, within banking, risk assessment teams might approach Gen AI differently than sales or trading departments. Similarly, media companies will have different applications than manufacturers or healthcare providers.
He warns that the potential of Gen AI is exponential, but so are the risks, which can cause disruption if not managed carefully. Poorly implemented AI could set organizations back, creating more problems than it solves. To navigate this, careful deliberation around use cases, outputs, and deployment strategies is essential.