As firms pour money into GenAI and commentators raise the age-old specter of hype, clarity on what’s actually useful is lacking. Large language models should be viewed within the broader AI ecosystem, while references to hype cycles tend to disregard the wider societal forces that shape the development of technology.
In this clear-headed view of the field, Chartis explores the advantages and drawbacks of GenAI applications in risk management – firmly within the well-established and continuously evolving AI landscape.