The Impact of Creative AI Models on Lives and Labour Markets

Large language models (LLMs) like ChatGPT, powered by artificial neural networks, have the ability to generate songs, poems, essays, and even pass exams that serve as gateways for people to enter careers in law and medicine. However, concerns are growing that generative AI models are being developed too quickly, with governments in America, Europe, and China mulling new regulations. While LLMs' outputs are not entirely predictable, their emergent abilities hint at untapped potential, but experts worry about the social biases and harmful behaviors that may emerge as models become larger.