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Exploring the Opportunities and Challenges of GenAI: Implications for Asia/Pacific Governments

Publisher IDC
Published Aug 09, 2023
Length 9 Pages
SKU # IDC18113627

Description

Exploring the Opportunities and Challenges of GenAI: Implications for Asia/Pacific Governments


This IDC study examines the vast opportunities and challenges of generative AI (GenAI) for Asia/Pacific governments. It comprehensively analyzes GenAI's adoption trends supported by IDC survey data. Emphasizing the crucial role of governments, it calls for robust regulatory frameworks based on validated AI principles. The report concludes by providing essential guidelines to effectively embrace GenAI, fostering responsible use and maximizing its transformative potential in the region's digital economy. "The Asia/Pacific (AP) region leads in GenAI investments with government support, and two-thirds of organizations are exploring or investing in GenAI technologies. Challenges include legal frameworks, content validation, data quality, ethics, deepfakes, copyright complexities, talent shortages, and high costs. To address these, it is imperative for AP governments to prioritize and craft regulatory frameworks focusing on transparency, data protection, safety, IP protection, open data access, and ethical standards to balance innovation and risk management," says Ravikant Sharma, senior research manager, IDC Government insights, IDC Asia/Pacific.

Please Note: Extended description available upon request.

Table of Contents

9 Pages
Executive Snapshot
Situation Overview
Generative AI Interdependencies and Differences with Conventional Artificial Intelligence
Generative AI Trends in Asia/Pacific
Generative AI Regulatory Landscape in Asia/Pacific
Upsides and Downsides of Generative AI
Top Business Benefits that Enhance the Digital Economy
Enhancing and Expanding Labor Productivity
Personalizing Customer and Citizen Experiences
Accelerating Research and Development
Current Challenges
Other Challenges
Extent and Quality of Data
Legal, Ethical, and Accuracy Concerns
Deepfakes and Hallucinations
Copyright Ambiguities
Talent and Skills Shortages
Maturity and Costs of GenAI Technology
Reputational Risks
The Role of Country Governments in Creating a Conducive and Regulated Environment for Generative AI
Crafting Country-Specific Regulatory Frameworks
Advice for the Technology Buyer
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Related Research
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