A Review: Generative AI, Risk and Future of Job Market

Abstract

Generative artificial intelligence, also known as generative AI or Gen AI, is a form of AI capable of producing new material such as discussions, tales, photographs, videos, and music. It may apply its understanding of languages, programming, art, science, and other disciplines to solve new issues. This survey highlights the foundation of GAI, its applications, and its associated risks. Although generative AI doesn't require coding expertise or input, it most frequently produces content in response to natural language queries nowadays. However, there are many enterprise use cases, such as advancements in material science and medicine and chip design. The paper also discusses the impact of GAI on the job market, and its future.