During his presentation at the Federation of Soriano Entrepreneurs, Dr. Richard Benjamins highlighted the enormous economic opportunity that artificial intelligence (AI) offers, estimated at 16 trillion dollars annually. He especially emphasized the 30% increase in benefits that generative AI, like ChatGPT, can provide.
Benjamins discussed the transversal application of technology in various sectors and the democratization of access to AI. Furthermore, he highlighted how AI not only improves businesses but also has the potential to improve society and address global challenges such as climate change. Its ethical approach to the use of AI underlines the importance of preparing for future regulations, especially for SMEs, highlighting the need for training, risk assessment and ethical governance.
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