GenAIReshapingtheDigitalEconomyUnderstandingGenerativeAIandunlockingitspowerforasafeandsustainableDigitalEconomy.2TABLEOFCONTENTSExecutiveSummaryIntroduction1.1ArtificialIntelligence(AI)&GenerativeAI1.2GenerativePre-TrainedTransformer(GPT)1.3GenerativeAITools1.4GenAI&DigitalEconomyBackgroundandHistoryofGenerativeAI&anditstools2.1History2.2CharacteristicsofGenAITools2.3GenAI-BasedSystemsBack-EndOperations2.4ResearchGaps,andOurContributionApplicationsofGenerativeAIanditsTools3.1PublicSector3.2PrivateSectorGenerativeAIModelsandDigitalEconomy4.1FinancialSector,IncludingCustomerOperations.4.2HealthSector4.3EducationSector4.4MarketingandSales4.5ClimateChange4.6AgricultureSector4.7ProductAndServicesR&D4.8MiscellaneousSpectrumofGenerativeAIanditsTools04070710111417172021222324252730313334353637383ChallengesofGenerativeAI&itsTools5.1EthicalChallenges5.2GenericChallengeRecommendationsonGenAItoRevolutionizeTheDigitalEconomy6.1FormulationofHolisticEthicalGuidelinesandFrameworksForGenAI-BasedTools6.2EarlyGenAIAdoptionByTheBusinessCommunity6.3DevelopmentofNationalGenerativeAIStrategy6.4IncentivesforGenAI6.5DisclosureofGenAI,anditsTools,LikeChatGPT,StatusasanAILanguageModel6.6GenAIStandardsandPrinciples6.7SignificantDigitalLiteracyGenAI6.8ResearchonGenAI,IncludingLlms6.9UseOpen-SourceGenAIModels6.10EstablishmentofCooperativ...
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