PreprintArticleVersion 1Preserved in Portico This version is not peer-reviewed
Generative Artificial Intelligence in Corporate America: A Review of Artificial Intelligence Use, Benefits, Challenges, Regulation and Cyber Security Issues
Ashley-Osuzoka, J.; Nyame, L.; Marfo-Ahenkorah, E.; Abrahams, A.; Ashong, G.; Aboagye, D. Generative Artificial Intelligence in Corporate America: A Review of Artificial Intelligence Use, Benefits, Challenges, Regulation and Cyber Security Issues. Preprints2024, 2024091557. https://doi.org/10.20944/preprints202409.1557.v1
APA Style
Ashley-Osuzoka, J., Nyame, L., Marfo-Ahenkorah, E., Abrahams, A., Ashong, G., & Aboagye, D. (2024). Generative Artificial Intelligence in Corporate America: A Review of Artificial Intelligence Use, Benefits, Challenges, Regulation and Cyber Security Issues. Preprints. https://doi.org/10.20944/preprints202409.1557.v1
Chicago/Turabian Style
Ashley-Osuzoka, J., Godswill Ashong and Daniel Aboagye. 2024 "Generative Artificial Intelligence in Corporate America: A Review of Artificial Intelligence Use, Benefits, Challenges, Regulation and Cyber Security Issues" Preprints. https://doi.org/10.20944/preprints202409.1557.v1
Abstract
In the past ten years, the generative artificial intelligence trend has evolved from simply enhancing the creation of audiovisuals using generative adversarial networks to becoming an entirely disruptive force, transforming operations in various industries and markets, including education and business. The introduction and subsequent widespread popularity of Open AI’s ChatGPT in 2022 raised concerns about the use of Generative AI in professional spaces and its impact on authenticity, innovation, data privacy, and integrity. This study seeks to assess the current applications of this disruptive technology in corporate America and build on that knowledge to provide insight into the current innovative practices and the factors driving its use. The research will further outline some risks associated with generative AI technology in business functions and industries and how this technology is being misused in industries worldwide. Following these revelations, recommendations will be made on the need for regulations surrounding the use of generative AI and the future of this technology for researchers and corporations alike. This study aims to equip corporate strategists and leaders with the knowledge needed to embrace AI, be aware of its possible challenges, and find the best ways to use Generative AI to gain competitive advantage. In addition, it seeks to further equip technology experts and professionals with key information about Generative AI to help them make informed choices when working. The study also aims at research management experts and personnel as it contains vital information that will set the foundation for future research.
Keywords
artificial intelligence; generative AI; corporate strategy; research management; business management; threats; business performance; information technology; cyber security and regulation
Subject
Computer Science and Mathematics, Artificial Intelligence and Machine Learning
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
