Daniel Steele, entrepreneur and business strategist with over 25 years of experience in the tech industry, shares his insights on the good, the bad, and the ugly of AI.

Artificial Intelligence (AI) has been rapidly changing the landscape of various industries, impacting the way we work, learn, and communicate with each other. In this video, Daniel Steele, an accomplished entrepreneur, author, speaker, and business strategist with over 25 years of experience in the tech industry, shares his insights on the good, the bad, and the ugly of AI, specifically focusing on the impact of chat GPT, one of the most popular and rapidly evolving AI technologies.

Steele’s interest in chat GPT led him to write a book about it, using the very Technology he was writing about to produce his book. He shares that the book provides a great overview of chat GPT and its latest version, GPT-4, but also delves into the more futuristic possibilities of AI, such as the ability for AI to communicate with aliens. Steele’s assessment of AI is that it is what you make of it. AI has the potential to transform industries and even individual lives, but it can also have negative consequences if not used responsibly.

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One area that has been impacted by ChatGPT is the way we write. Steele notes that chat GPT has made it possible for even non-technical people to become developers or write in more sophisticated ways. It has also taken over some of the social media duties of people. However, it has also faced criticism, with some state governments banning its use in educational institutions.

In terms of its impact on industries and workplaces, Steele believes that AI will continue to transform jobs and the way we work. He shares his experience co-founding a company in influencer marketing technology in 2013, which did a partnership with IBM Watson, a precursor to ChatGPT. The partnership helped the business grow, but it also cost $15 million at the time. Steele notes that with some nuance and tweaking, similar results can now be achieved with much less investment.

Steele concludes that the impact of AI will largely depend on how we use it. We need to approach it with caution and responsibility, considering the potential negative consequences and ethical concerns. But we also need to embrace its potential to improve our lives and the world around us. The good, the bad, and the ugly of AI is ultimately up to us.

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Originally published at https://khudania.substack.com.

Khudania Ajay Content Entrepreneur, Podcast Host & Ind. Journalist

Khudania Ajay is a writer, podcast host, and independent journalist. In his 20-plus years in the media, he has worked with renowned organizations such as CNBC (India), Reuters, and Press Trust of India (PTI). Now, he is dedicated to helping his audience succeed through his LIVE Masterclasses.