Generative AI (artificial intelligence) must surely be in the running for the Oxford word of the year, having been thrust into the spotlight with the sudden arrival of ChatGPT from Microsoft-backed OpenAI.
The emergence of this kind of artificial intelligence, which refers to algorithms (such as ChatGPT) that can be used to create new content, including audio, text and videos, and the speed at which it is entering everyday life, have naturally raised questions about its place in schools, universities, the workplace and broader society.
If a recent UK study is anything to go by, investors are also ready to embrace generative AI.
According to the 2023 Investor Index, 20% of those surveyed had already tapped into AI chatbots such as ChatGPT for financial advice, while 73% agreed AI is able to provide
