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Do we need a regulatory framework on Generative AI?

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Platforms like ChatGPT have taken the world by storm but analysts are painting another picture about its impacts

Millions of people have used OpenAI’s ChatGPT since it launched in November 2022.

The web-based platform works by answering prompts in a concise manner. It has become the latest tool to cause technological disruption across nearly every industry.

Dr Jim Webber, who is the Chief Scientist at leading graph database and analytics company, Neo4j, said the tool should be banned in Australian schools and universities.

“To be clear, I don’t think regulation will ever win this battle. It’s always on the back foot.

“Instead of focussing on the technology, we should create a policy environment that helps inform the use of that technology rather than constraining it,” he said.

ChatGPT has been used in graph technology, from providing more intuitive context to elevating the overall user experience and coding processes.

It has also been used in the classroom, where students and teachers alike are using it for their research.

“ChatGPT is trained on a range of documents. These are documents from around the internet.

“Like all computer systems, there is an element of ‘garbage in, garbage out,'” Dr Webber said.

Businesses have also used the generative AI tool to boost their profits and maximise efficiencies. It has become a common tool used in workplaces, particularly where redundancies during Covid-19 have come to light.

“One of my colleagues actually asked ChatGPT about the computer science that I had done with another computer scientist that I had never worked with.

“ChatGPT then confidently answered about the amazing discovers that me and this computer scientist had done together. It was very convincing, the English was very fluent but it was all nonsense because I had never worked with that person,” Dr Webber said.

Graph technology can play an important role in the fight against cybercrimes, which are on the rise internationally.

It is the tool capturing data relationships to model real-world relationships between a range of unique entities.

It has been used across the public sector, logistics, supply chain, manufacturing and financial services.

Neo4j is a graph database management system. The company has worked with customers like the Commonwealth Bank of Australia, Telstra, and Tabcorp

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Leaders

Solving the ASEAN energy trilemma

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Why does energy matter so much to ASEAN?

In this episode, Tim Harcourt sits down with Cindy Lim, CEO of Keppel Infrastructure about the infrastructure and energy challenges for ASEAN as the region plans to make the great transformation to net zero carbon emissions. #asean

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ASEAN: celebrating 40 years of friendship

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Why does ASEAN matter so much to Australia?

In this episode, Tim Harcourt speaks with Luke Arnold, Australian High Commissioner Brunei Darussalam. Celebrating 50 years of co-operation as well as the 40 years of friendship between Brunei and Australia. #asean

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A new business champion for Vietnam

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Why does Vietnam matter so much to Australia?

In this episode, Tim Harcourt sits down with Louise Adams, COO of Aurecon. Louise is a newly appointed business champion for Vietnam and the bilateral opportunities in trade and investment. #asean

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