Imagine a world where you can create anything you want with just a few words or clicks. Welcome to the era of generative AI. The latest advancement in AI comes in the form of large language models ("LLMs") (e.g. ChatGPT; chatbots) that can generate advanced human-like text.
In our interactive guide, Technology and Innovation partners Rory O'Keeffe and Davinia Brennan explore the latest developments in the areas of AI regulation, the advantages of LLMs with reference to specific industries and outline the top considerations clients and companies should consider when choosing an LLMs tool for their business.
Click here to browse our interactive guide: What a time to be (AI)live: Generative AI, Top Considerations.
It is important to remember this type of emerging technology is still in its infancy and has drawbacks as would be expected. Many risks in relation to data protection are being uncovered and we predict that this will expand to other areas like intellectual property and AI regulation. It is hoped that with the suggestions we have provided in our interactive guide, this will help you navigate the risks before incorporating generative AI tools into your live production environment.
If you have any questions or would like to discuss the issues raised here further, please contact Rory O'Keeffe, Davinia Brennan or your usual Matheson Technology and Innovation Group contact.
Credit to Ciara Hayes, trainee, for her assistance in researching content for this article.