Awareness and Adoption
A recent report by CybSafe reveals that 52% of UK office workers have used generative AI tools, with 38% admitting to sharing data they wouldn’t normally reveal to others. McKinsey’s survey shows that 79% of respondents have been exposed to generative AI, while 22% use it regularly in their work. In the business world, gen AI has become commonplace, with 60% of AI-adopting organizations utilizing it. Additionally, 40% of companies plan to invest more in AI overall due to the benefits of generative AI.
Risks and Concerns
While generative AI offers productivity benefits, there are also risks involved. Dr. Jason Nurse, CybSafe’s director of science and research, warns that it has lowered entry barriers for cybercriminals. Purdue University’s research found that Chat GPT, a popular generative AI tool, has questionable accuracy and verbosity, with 52% of its answers being incorrect and 77% being verbose. Despite these concerns, 69% of UK respondents believe the benefits of generative AI outweigh the security risks.
Impact on Jobs
A McKinsey report suggests that generative AI can potentially save professionals up to 30% of their time, benefiting sectors like computer engineering, finance, and account management. It emphasizes that generative AI enhances work processes rather than eliminating jobs. For example, software developers using AI pair programmer tools like GitHub Copilot completed tasks 56% faster. McKinsey estimates that generative AI could generate $2.6 trillion to $4.4 trillion in value across industries.
Upskilling and Opportunities
Now is the time to upskill and embrace generative AI tools for business success. The AltFi Job Board offers numerous opportunities in the rapidly expanding field of AI. AltFi provides jobs that range from roles involving AI capabilities to positions at high-growth crypto exchanges and Fintech companies.
