AI's Promise and Perils: Widespread Adoption, But Concerns Remain Over Misuse
• AI has potential to be highly disruptive to knowledge work and creative industries, but adoption varies. Small companies experiment more.
• Risks with generative AI include legal issues around copyright/ownership, safety from harmful content, and quality concerns like factual inaccuracies.
• Most financial advisors are optimistic about AI tools, though human oversight is still critical.
• OpenAI called NYT lawsuit content a "rare bug," emphasizing need to build guardrails against hallucinated facts.
• SEC Twitter hack shows susceptibility to misinformation spread by AI. Data quality and security is imperative.