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Generative AI, that one friend who knows everything!

Nowadays, there are a lot of companies who have their own generative AI system. Why would companies develop such systems into their corporate business? It is very simple, it reduces a lot for the employees to do research on specific topics. Take for example the accounting industry, there are a lot of regulations but every company has also its own manual for certain cases. For these specific situations, companies have their own generative AI system. General available systems do not have specific inside company information and are therefore not suitable.

Next to self-developed generative AI systems, in the accountant world it could be very useful to use ChatGPT as well. Just look at the video below, which also tackles some security issues. Some information can be written in other formats, like from csv files to normal tables one could add in excel. https://www.youtube.com/watch?v=nQ-_u3SFJJ8.

One could conclude that using generative AI such as described in the example above leads to concerns on the ethical side of the algorithms. There are multiple aspects of transformative effects and the lack of moral responsibility possible in such cases. However these concerns can also lead to some positive influences. Autonomy in decision-making for example, it is more likely that less mistakes are made by reducing the dependence on human intervention for simple tasks. However, the issue is that people don’t feel responsible in any sort of way when the generative AI gives them false information. So in other words, a company should focus on how to use generative AI. It can lead to great solutions for simple tasks which makes the company more efficient and more flawless but it is important to remain focus on moral responsibility for what is happening. The question remains: how to deal with generative AI within a company?

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Where in the past coding had to be done by a professional coder, nowadays generative AI such as ChatGPT has made its entrance. At first glance you might wonder how it works but by thinking it through it might actually be very logical. In coding classes, the first thing you get taught is: search on Google. This basically means that about everything you need to know about coding is available on Google. Since generative AI, such as ChatGPT, just use every information that is available on the internet, it is very logical that it is a good coder as well.

However, using AI to write your code might actually get you into trouble. Therefore in the work field, people use the AI to optimize their codes. This actually reduces a lot of time that can be used differently by professional coders.

This innovation can be seen as a disruptive innovation. Traditionally coders had to be extremely specialized in their work field, however by using generative AI, coding has become more available for a broader audience. It is also more cost efficient since labor where generative AI is used, relies less on expensive skilled labor. There are also some practical benefits of using AI for coding purposes. Generative AI is way faster than most of the humans in writing code and do it in the most efficient way possible.

However, next to the fact that it is a disruptive innovation, one should be careful with using generative AI for coding purposes. Does one understand how the code works that the AI has written? Or are we just living in good trust that no errors will occur in the future and if they do, we are able to resolve them? I guess we still need humans with specialized coding knowledge who can make notes in the code so we are actually able to understand how it works and anyone who is not familiar with the code can resolve issues that are popping up.