National Technology Day: Generative AI has more opportunities than risks

The report says that many experts have expressed that generative artificial intelligence (AI) otherwise known as ‘creative AI’ has more opportunities than risks. It says that AI segment has garnered so much interest and fear at the same time. There is interest because most CEOs have said AI foundation models will play an important role in their organisations’ strategies in the next 3-5 years. While there is fear because these technologies will take away jobs or work in any organization across the board.

Vic Gupta, Chief Technology Officer, Coforge (NIIT Technologies), told ANI, “Generative AI (GAI), sometimes also referred as “Creative AI”, is based on neural language models and has lately garnered a lot of interest and sparked a lot of discussion in the community. We believe that GAI has more opportunities than risks and that we are yet to explore its true potential to improve our productivity, ingenuity, creativity, efficiency and communication.”

He said according to Accenture estimates, 40 per cent of all working hours will be supported or augmented by language-based AI.

Vic Gupta said the world has witnessed a meteoric rise of generative AI and that ChatGPT has catapulted GAI into one of the most popular technology trends of the year.

ChatGPT can also help content creators for various purposes that include brainstorming ideas, providing inspiration, or generating drafts for articles, blog posts, or social media content. It can also answer questions, provide explanations, or engage in interactive conversations with users.

Sundar Balasubramanian, Managing Director, India & SAARC, Check Point Software Technologies, said “Generative AI-based capabilities have been around for a while though ChatGPT recently took centre stage. It has powerful language capabilities and presents a game-changing opportunity for businesses irrespective of their size. However, Generative AI like ChatGPT is a double-edged sword.”

While it can help developers write and fix code quicker, enable better chat services for companies, or even replace search engines, the Check Point MD said that generative AI also poses a risk if used by hackers who can leverage it to potentially create malware and phishing emails, leading to more cyberattacks.

“We have over 150 researchers within our Check Point Research team researching new threats, emerging cyber threats and ongoing cyberattacks, with a dedicated team who are just working on ChatGPT-related research. We also have engines like AI and ML embedded in our technology solutions to help block more threats,” Balasubramanian said.

“We have been advising our clients to put different controls in place to cover the security risks of emerging cyber threats like ransomware, and this growing threat from Generative AI,” he added. 

(With inputs from ANI)