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Is Society Ready for the Next Wave of AI Revolution?

  • Report

  • 4 Pages
  • June 2023
  • Region: Global
  • Market Intelligence & Consulting Institute (MIC)
  • ID: 5847322

Since its release by OpenAI in November 2022, ChatGPT - an intuitive, user-friendly, and free conversational AI tool - has been used by hundreds of millions of people around the world. However, on March 20, 2023, ChatGPT faced its first major personal data breach. As a result, on March 31, the Italian data protection regulatory authority temporarily banned ChatGPT, becoming the first Western country to take regulatory measures against an AI chatbot due to data privacy concerns.

Following Italy's decision, other European countries such as Ireland, France, and Germany have been closely monitoring the situation, with the possibility of following suit. This report points out the dilemma arising from generative AI and examines the issues stemming from generative AI technology when integrating into society.

Table of Contents

1. Complex Dilemma Arising from AI Revolution

2. The Gap between Generative AI Technology and Society

3. Harnessing the Power of Generative AI While Managing Risks

Appendix

List of Companies

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amazon
  • Google
  • JPMorgan Chase
  • OpenAI
  • Verizon

Methodology

Primary research with a holistic, cross-domain approach

The exhaustive primary research methods are central to the value that the analyst delivers. A combination of questionnaires and on-site visits to the major manufacturers provides a first view of the latest data and trends. Information is subsequently validated by interviews with the manufacturers' suppliers and customers, covering a holistic industry value chain. This process is backed up by a cross-domain team-based approach, creating an interlaced network across numerous interrelated components and system-level devices to ensure statistical integrity and provide in-depth insight.

Complementing primary research is a running database and secondary research of industry and market information. Dedicated research into the macro-environmental trends shaping the ICT industry also allows the analyst to forecast future development trends and generate foresight perspectives. With more than 20 years of experience and endeavors in research, the methods and methodologies include:

Method

  • Component supplier interviews
  • System supplier interviews
  • User interviews
  • Channel interviews
  • IPO interviews
  • Focus groups
  • Consumer surveys
  • Production databases
  • Financial data
  • Custom databases

Methodology

  • Technology forecasting and assessment
  • Product assessment and selection
  • Product life cycles
  • Added value analysis
  • Market trends
  • Scenario analysis
  • Competitor analysis

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