Checks & balances | Do firms need policies around ChatGPT?

ChatGPT has single-handedly taken the world by storm. This powerful piece of technology presents itself to a user in the form of a chatbot, where users can ask it questions and give it specific prompts to receive the information they want.

According to research, ChatGPT is being used predominantly for coding, education and data-analysis. In a revolutionary first, this tech is one of the first AI technologies to be made accessible and easy to use for the general public.

However, stories are emerging of employees using AI at work without their boss knowing. ChatGPT has the power to make an employee’s work schedule much shorter, acting as an aid to, or in some cases completely replacing, the tasks they need to carry out.

From an employer's perspective, this can be beneficial to your business, augmenting a worker’s role and giving them more free time to carry out more important tasks, potentially making them better at their job and more productive.