Beyond AI
The generative wave: How AI is transforming businesses of tomorrow
With lightning speed, AI has shaken the foundations of how we use technology. So what opportunities are there for business, what are the dangers, and how can we avoid them? Listen to Transform – Tomorrow’s thinking, today on Spotify and Apple Podcasts.
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Key findings
- GHD Digital estimates that advancements in generative AI have the potential to revolutionise the global economy, potentially driving a five to six percent increase in global GDP over the next ten years.
- GHD Digital estimates that the global market for generative AI to reach USD1.5 trillion in revenue by 2033 from USD50 billion in 2023.
- While 9 out of 10 executives are aware of the imminent disruptions that will arise from generative AI, only 5 out of 10 express confidence in their ability to successfully navigate and embrace this transformative technology.
- The ability of generative AI models to produce highly realistic content, such as text, images or videos, can be misused to create biased and misinformed content. According to GHD analysis, about 50% of generative AI-generated data is fabricated or inaccurate.
Over the next three to five years, advancements in AI will create a monumental shift across industries.
One advancement stands out for its promise and potential.
Generative AI
Generative AI enables machines to create new data based on patterns and examples from existing data.
Anything from text, images, music, to full entire world.
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Huge impacts are expected on economic growth and productivity.
That’s only the start
What implications will it have on the way we live ? on our Environment?
Water related challenges? Energy? Transportation? and on our future selves
Join us on this Journey to reimagine the future
Let us explore the future together
Download our report Beyond AI and reach out
Generative AI is like building a bridge between human intelligence and artificial insight. It is not merely about ensuring that the algorithms are reliable; it's about fostering a deep understanding of how AI tools generate their outputs, how they learn from their mistakes and how they evolve. The transparency in the process helps create a partnership where human creativity and AI capabilities thrive together for a better future.”
Unlock the potential of Beyond AI – Download the full report
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