The AI era: Likely winners, potential losers

By Tony Maghirang

Oct 11, 2023 12:48 am

GENERATIVE AI or GenAI is a subset of artificial intelligence that can generate new and unique data or content. This development has captains of industry predicting the advent of the next industrial revolution.

In March this year, Microsoft co-founder Bill Gates said the development of AI was as 'fundamental as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone. Entire industries will reorient around it. Businesses will distinguish themselves by how well they use it.'

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