New wave of generative AI transforming businesses at rapid pace: Survey

From ChatGPT to Dall-E and all the technologies in between, the new wave of generative artificial intelligence (GenAI) is transforming businesses at a rapid pace, and 60 per cent of Indian executives are optimistic about its impact on workplace, as per a survey.

However, opinions vary by seniority and by country, according to the survey by Boston Consulting Group.

The survey is based on inputs from 12,800 employees from the executive suites to the frontline employees across industries in 18 countries.

As per the survey, Brazil (71 per cent) is the most optimistic country about the impact of GenAI on workplace followed by India (60 per cent) and the Middle East (58 per cent).

The least optimistic are the US (46 per cent), the Netherlands (44 per cent) and Japan (40 per cent).

Geographies most concerned about AI are the Netherlands (42 per cent), France (41 per cent), and Japan (38 per cent), while the least concerned are the Middle East (25 per cent), Brazil (19 per cent), and Ind