You are invited to jointly develop a SWOT analysis for generative artificial intelligence technology: What are the strengths and weaknesses of the development of AI technology so far? What are the opportunities and threats to the development of artificial intelligence technology and its applications in the future?

A SWOT analysis details the strengths and weaknesses of the past and present performance of an entity, institution, process, problem, issue, etc., as well as the opportunities and threats relating to the future performance of a particular issue in the next months, quarters or, most often, the next few or more years. Artificial intelligence technology has been conceptually known for more than half a century. However, its dynamic and technological development has occurred especially in recent years. Currently, many researchers and scientists are involved in many publications and debates undertaken at scientific symposiums and conferences and other events on various social, ethical, business, economic and other aspects concerning the development of artificial intelligence technology and eggs applications in various sectors of the economy, in various fields of potential applications implemented in companies, enterprises, financial and public institutions. Many of the determinants of impact and risks associated with the development of generative artificial intelligence technology currently under consideration may be heterogeneous, ambiguous, multifaceted, depending on the context of potential applications of the technology and the operation of other impact factors. For example, the issue of the impact of technology development on future labor markets is not a homogeneous and unambiguous problem. On the one hand, the more critical considerations of this impact mainly point to the potentially large scale of loss of employment for many people employed in various jobs in a situation where it turns out to be cheaper and more convenient for businesses to hire highly sophisticated robots equipped with generative artificial intelligence instead of humans for various reasons. However, on the other hand, some experts analyzing the ongoing impact of AI technology applications on labor markets give more optimistic visions of the future, pointing out that in the future of the next few years, artificial intelligence will not largely deprive people of work only this work will change, it will support employed workers in the effective implementation of work, it will significantly increase the productivity of work carried out by people using specific solutions of generative artificial intelligence technology at work and, in addition, labor markets will also change in other ways, ie. through the emergence of new types of professions and occupations realized by people, professions and occupations arising from the development of AI technology applications. In this way, the development of AI applications may generate both opportunities and threats in the future, and in the same application field, the same development area of a company or enterprise, the same economic sector, etc. Arguably, these kinds of dual scenarios of the potential development of AI technology and its applications in the future, different scenarios made up of positive and negative aspects, can be considered for many other factors of influence on the said development or for different fields of application of this technology. For example, the application of artificial intelligence in the field of new online media, including social media sites, is already generating both positive and negative aspects. Positive aspects include the use of AI technology in online marketing carried out on social media, among others. On the other hand, the negative aspects of the applications available on the Internet using AI solutions include the generation of fake news and disinformation by untrustworthy, unethical Internet users. In addition to this, the use of AI technology to control an autonomous vehicle or to develop a recipe for a new drug for particularly life-threatening human diseases. On the one hand, this technology can be of great help to humans, but what happens when certain mistakes are made that result in a life-threatening car accident or the emergence after a certain period of time of particularly dangerous side effects of the new drug. Will the payment of compensation by the insurance company solve the problem? To whom will responsibility be shifted for such possible errors and their particularly negative effects, which we cannot completely exclude at present? So what other examples can you give of ambiguous in the consequences of artificial intelligence applications? what are the opportunities and risks of past applications of generative artificial intelligence technology vs. what are the opportunities and risks of its future potential applications? These considerations can be extended if, in this kind of SWOT analysis, we take into account not only generative artificial intelligence, its past and prospective development, including its growing number of applications, but when we also take into account the so-called general, general artificial intelligence that may arise in the future. General, general artificial intelligence, if built by technology companies, will be capable of self-improvement and with its capabilities for intelligent, multi-criteria, autonomous processing of large sets of data and information will in many respects surpass the intellectual capacity of humans.

The key issues of opportunities and threats to the development of artificial intelligence technology are described in my article below:

OPPORTUNITIES AND THREATS TO THE DEVELOPMENT OF ARTIFICIAL INTELLIGENCE APPLICATIONS AND THE NEED FOR NORMATIVE REGULATION OF THIS DEVELOPMENT

Article OPPORTUNITIES AND THREATS TO THE DEVELOPMENT OF ARTIFICIAL I...

In view of the above, I address the following question to the esteemed community of scientists and researchers:

I invite you to jointly develop a SWOT analysis for generative artificial intelligence technology: What are the strengths and weaknesses of the development of AI technology to date? What are the opportunities and threats to the development of AI technology and its applications in the future?

What are the strengths, weaknesses, opportunities and threats to the development of artificial intelligence technology and its applications?

What do you think about this topic?

What is your opinion on this issue?

Please answer,

I invite everyone to join the discussion,

Thank you very much,

Best wishes,

Dariusz Prokopowicz

The above text is entirely my own work written by me on the basis of my research.

In writing this text I did not use other sources or automatic text generation systems.

Copyright by Dariusz Prokopowicz