The meteoric rise of generative artificial intelligence (AI) is transforming every aspect of doing business.
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While the technology has unlocked opportunities to drive greater efficiencies and spur innovation, it also comes with a unique set of challenges and risks, ranging from privacy and cybersecurity to data hallucination and reliability.
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Additionally, governments across the world are ratcheting up scrutiny and regulation of generative AI, according to an Oliver Wyman Forum report.
