Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
Search
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News Releases view all

    • News in Focus
        • Browse News Releases

        • All News Releases
        • All Public Company
        • English-only
        • News Releases Overview

        • Multimedia Gallery

        • All Multimedia
        • All Photos
        • All Videos
        • Multimedia Gallery Overview

        • Trending Topics

        • All Trending Topics
    • Business & Money
        • Auto & Transportation

        • Aerospace, Defense
        • Air Freight
        • Airlines & Aviation
        • Automotive
        • Maritime & Shipbuilding
        • Railroads and Intermodal Transportation
        • Supply Chain/Logistics
        • Transportation, Trucking & Railroad
        • Travel
        • Trucking and Road Transportation
        • Auto & Transportation Overview

        • View All Auto & Transportation

        • Business Technology

        • Blockchain
        • Broadcast Tech
        • Computer & Electronics
        • Computer Hardware
        • Computer Software
        • Data Analytics
        • Electronic Commerce
        • Electronic Components
        • Electronic Design Automation
        • Financial Technology
        • High Tech Security
        • Internet Technology
        • Nanotechnology
        • Networks
        • Peripherals
        • Semiconductors
        • Business Technology Overview

        • View All Business Technology

        • Entertain­ment & Media

        • Advertising
        • Art
        • Books
        • Entertainment
        • Film and Motion Picture
        • Magazines
        • Music
        • Publishing & Information Services
        • Radio & Podcast
        • Television
        • Entertainment & Media Overview

        • View All Entertain­ment & Media

        • Financial Services & Investing

        • Accounting News & Issues
        • Acquisitions, Mergers and Takeovers
        • Banking & Financial Services
        • Bankruptcy
        • Bond & Stock Ratings
        • Conference Call Announcements
        • Contracts
        • Cryptocurrency
        • Dividends
        • Earnings
        • Earnings Forecasts & Projections
        • Financing Agreements
        • Insurance
        • Investments Opinions
        • Joint Ventures
        • Mutual Funds
        • Private Placement
        • Real Estate
        • Restructuring & Recapitalization
        • Sales Reports
        • Shareholder Activism
        • Shareholder Meetings
        • Stock Offering
        • Stock Split
        • Venture Capital
        • Financial Services & Investing Overview

        • View All Financial Services & Investing

        • General Business

        • Awards
        • Commercial Real Estate
        • Corporate Expansion
        • Earnings
        • Environmental, Social and Governance (ESG)
        • Human Resource & Workforce Management
        • Licensing
        • New Products & Services
        • Obituaries
        • Outsourcing Businesses
        • Overseas Real Estate (non-US)
        • Personnel Announcements
        • Real Estate Transactions
        • Residential Real Estate
        • Small Business Services
        • Socially Responsible Investing
        • Surveys, Polls and Research
        • Trade Show News
        • General Business Overview

        • View All General Business

    • Science & Tech
        • Consumer Technology

        • Artificial Intelligence
        • Blockchain
        • Cloud Computing/Internet of Things
        • Computer Electronics
        • Computer Hardware
        • Computer Software
        • Consumer Electronics
        • Cryptocurrency
        • Data Analytics
        • Electronic Commerce
        • Electronic Gaming
        • Financial Technology
        • Mobile Entertainment
        • Multimedia & Internet
        • Peripherals
        • Social Media
        • STEM (Science, Tech, Engineering, Math)
        • Supply Chain/Logistics
        • Wireless Communications
        • Consumer Technology Overview

        • View All Consumer Technology

        • Energy & Natural Resources

        • Alternative Energies
        • Chemical
        • Electrical Utilities
        • Gas
        • General Manufacturing
        • Mining
        • Mining & Metals
        • Oil & Energy
        • Oil and Gas Discoveries
        • Utilities
        • Water Utilities
        • Energy & Natural Resources Overview

        • View All Energy & Natural Resources

        • Environ­ment

        • Conservation & Recycling
        • Environmental Issues
        • Environmental Policy
        • Environmental Products & Services
        • Green Technology
        • Natural Disasters
        • Environment Overview

        • View All Environ­ment

        • Heavy Industry & Manufacturing

        • Aerospace & Defense
        • Agriculture
        • Chemical
        • Construction & Building
        • General Manufacturing
        • HVAC (Heating, Ventilation and Air-Conditioning)
        • Machinery
        • Machine Tools, Metalworking and Metallurgy
        • Mining
        • Mining & Metals
        • Paper, Forest Products & Containers
        • Precious Metals
        • Textiles
        • Tobacco
        • Heavy Industry & Manufacturing Overview

        • View All Heavy Industry & Manufacturing

        • Telecomm­unications

        • Carriers and Services
        • Mobile Entertainment
        • Networks
        • Peripherals
        • Telecommunications Equipment
        • Telecommunications Industry
        • VoIP (Voice over Internet Protocol)
        • Wireless Communications
        • Telecommunications Overview

        • View All Telecomm­unications

    • Lifestyle & Health
        • Consumer Products & Retail

        • Animals & Pets
        • Beers, Wines and Spirits
        • Beverages
        • Bridal Services
        • Cannabis
        • Cosmetics and Personal Care
        • Fashion
        • Food & Beverages
        • Furniture and Furnishings
        • Home Improvement
        • Household, Consumer & Cosmetics
        • Household Products
        • Jewelry
        • Non-Alcoholic Beverages
        • Office Products
        • Organic Food
        • Product Recalls
        • Restaurants
        • Retail
        • Supermarkets
        • Toys
        • Consumer Products & Retail Overview

        • View All Consumer Products & Retail

        • Entertain­ment & Media

        • Advertising
        • Art
        • Books
        • Entertainment
        • Film and Motion Picture
        • Magazines
        • Music
        • Publishing & Information Services
        • Radio & Podcast
        • Television
        • Entertainment & Media Overview

        • View All Entertain­ment & Media

        • Health

        • Biometrics
        • Biotechnology
        • Clinical Trials & Medical Discoveries
        • Dentistry
        • FDA Approval
        • Fitness/Wellness
        • Health Care & Hospitals
        • Health Insurance
        • Infection Control
        • International Medical Approval
        • Medical Equipment
        • Medical Pharmaceuticals
        • Mental Health
        • Pharmaceuticals
        • Supplementary Medicine
        • Health Overview

        • View All Health

        • Sports

        • General Sports
        • Outdoors, Camping & Hiking
        • Sporting Events
        • Sports Equipment & Accessories
        • Sports Overview

        • View All Sports

        • Travel

        • Amusement Parks and Tourist Attractions
        • Gambling & Casinos
        • Hotels and Resorts
        • Leisure & Tourism
        • Outdoors, Camping & Hiking
        • Passenger Aviation
        • Travel Industry
        • Travel Overview

        • View All Travel

    • Policy & Public Interest
        • Policy & Public Interest

        • Advocacy Group Opinion
        • Animal Welfare
        • Congressional & Presidential Campaigns
        • Corporate Social Responsibility
        • Domestic Policy
        • Economic News, Trends, Analysis
        • Education
        • Environmental
        • European Government
        • FDA Approval
        • Federal and State Legislation
        • Federal Executive Branch & Agency
        • Foreign Policy & International Affairs
        • Homeland Security
        • Labor & Union
        • Legal Issues
        • Natural Disasters
        • Not For Profit
        • Patent Law
        • Public Safety
        • Trade Policy
        • U.S. State Policy
        • Policy & Public Interest Overview

        • View All Policy & Public Interest

    • People & Culture
        • People & Culture

        • Aboriginal, First Nations & Native American
        • African American
        • Asian American
        • Children
        • Diversity, Equity & Inclusion
        • Hispanic
        • Lesbian, Gay & Bisexual
        • Men's Interest
        • People with Disabilities
        • Religion
        • Senior Citizens
        • Veterans
        • Women
        • People & Culture Overview

        • View All People & Culture

    • Explore Our Platform
    • Plan Campaigns
    • Create with AI
    • Distribute Press Releases
    • Report Results
    • Amplify Content
    • All Products
    • General Inquiries
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices
    • Hamburger menu
    • PR Newswire: news distribution, targeting and monitoring
    • Send a Release
      • ALL CONTACT INFO
      • Contact Us

        888-776-0942
        from 8 AM - 10 PM ET

    • Searching for your content...

      No results found. Please change your search terms and try again.

      News Releases

      view all
      Close menu
    • News
    • Products
    • Contact
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      • 3 News in Focus
      • 5 Business & Money
      • 5 Science & Tech
      • 5 Lifestyle & Health
      • 1 Policy & Public Interest
      • 1 People & Culture
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      • Explore Our Platform
      • Plan Campaigns
      • Create with AI
      • Distribute Press Releases
      • Report Results
      • Amplify Content
      • All Products
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      • General Inquiries
      • Editorial Bureaus
      • Partnerships
      • Media Inquiries
      • Worldwide Offices
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      Close submenu (News in Focus) News in Focus
      • Browse News Releases
      • Multimedia Gallery
      • Trending Topics
      Close submenu (Business & Money) Business & Money
      • Auto & Transportation
      • Business Technology
      • Entertain­ment & Media
      • Financial Services & Investing
      • General Business
      Close submenu (Science & Tech) Science & Tech
      • Consumer Technology
      • Energy & Natural Resources
      • Environ­ment
      • Heavy Industry & Manufacturing
      • Telecomm­unications
      Close submenu (Lifestyle & Health) Lifestyle & Health
      • Consumer Products & Retail
      • Entertain­ment & Media
      • Health
      • Sports
      • Travel
      Close submenu (Policy & Public Interest) Policy & Public Interest
      • Policy & Public Interest
      Close submenu (People & Culture) People & Culture
      • People & Culture

      AI and Security: Ensuring That Opportunities Outweigh the Threats, Reports IDTechEx

      IDTechEx Logo

      News provided by

      IDTechEx

      Jul 03, 2023, 02:32 ET

      Share this article

      Share this article


      BOSTON, July 3, 2023 /PRNewswire/ -- Anyone with access to social media platforms will likely have heard of ChatGPT by now. Created by OpenAI and released in November 2022, the generative AI tool had 100 million registered users as of three months after release, with it – the world's most advanced chatbot – being used to answer simple queries, write songs, and draft press releases, all with varying degrees of success. While in the creative domain, ChatGPT is not (yet) a match for the human mind, its capabilities are nothing less than staggering, with the potential to transform entire workflows. Yet, along with the opportunities afforded by generative AI, there are risks. In IDTechEx's recent "AI Chips 2023-2033" report, IDTechEx forecast that the global AI chips market will grow to exceed US$250 billion by 2033, with the IT & Telecoms, BFSI (Banking, Financial Services and Industrial), and Consumer Electronics industry verticals leading the way in terms of revenue generated up to 2033. This growth is made possible by the growing complexities and functionalities of machine learning models, representing significant opportunities for both businesses and consumers. However, improper use of AI tools represents threats to the aforementioned groups. Measures must be taken to ensure that the opportunities afforded by advanced AI greatly outweigh the threats.

      Continue Reading
      The BFSI, Consumer Electronics, and IT & Telecoms industry verticals are forecast to lead the way in terms of revenue generated by the sale of AI chips up to 2033. Source: IDTechEx.
      The BFSI, Consumer Electronics, and IT & Telecoms industry verticals are forecast to lead the way in terms of revenue generated by the sale of AI chips up to 2033. Source: IDTechEx.

      Questions of Ownership and Culpability

      ChatGPT, DALL-E 2, and Siri are all examples of generative AI tools. These are systems capable of generating text, images, or other media in response to prompts, where the data produced is based on the training data sets employed to create and refine the models used. Current intellectual property (IP) laws are not particularly well-suited to account for the legal ownership of intangible assets such as those that AI tools such as these can generate. Patent law generally considers the inventor as the first owner of the invention. In the case of AI, who invents? The human creates the (initial) prompt, but it is the AI tool that creates the output. An AI may also be used to prompt other AI tools, and so AI can act as both the prompt and the creator. But granting an AI tool IP ownership status – as it currently stands – necessarily gives the AI the same status extended to a legal person.

      Therein is the question of culpability and ethics; if the AI is the legal owner of a piece of work, then the human that deployed, commissioned, or used the AI tool is exempt from culpability. This could be considered unethical, as the human user should bear some responsibility for the ethical ramifications of using such an AI tool (particularly in the case of unlawful AI use, such as assistance with writing a script for malware). A possible way around this is to grant the AI the same legal status as a child, wherein the human user would be analogous to a child's guardian, and so bear some responsibility, while the AI would still retain ownership. While this ensures that the human user bears responsibilities for the AI tool's actions, it does not adequately address autonomous AI, where no human prompting is necessary. In addition, there may be some discomfort from legislators around bestowing legal status onto machines.

      Other parties that should be considered are the developers of the AI tool, as well as the owners of the data that comprise the dataset used to train the AI tool (a key component of the reasoning behind Italy's ban of ChatGPT in March 2023). The answer to ownership is one that will be sought more urgently as AI tools and their outputs grow, as they surely will over the coming years.

      Malpractice

      Where AI can be used for good intentions – such as assisting with the appropriate syntax for computer script writing and detecting fraudulent financial transactions – it can also be used for ill, ranging from the deceptive to the illegal. Given that generative AI tools can be used to assist with script writing, it does not particularly matter to the tool what type of script is being written. As such, generative AI can be used to assist with the writing of malware (malicious software). The AI tool used has, of course, not intentionally created a piece of malware, but this potential mistreatment of a nominally apathetic system needs to be addressed.

      Generative AI is very effective for streamlining certain work functions, such as advertising copy and marketing materials. And yet, the question remains of ownership and culpability. From marketing to consumers (where companies will ultimately still be liable for ambiguous or defamatory language) to academic institutions (where the use of a language tool by a student to write a part of their thesis calls into question the legitimacy of their conferred degree), clear guidelines – regulatory and legal – need to be given for fair use of such tools.

      Ultimately, we are still a long way off from the types of existential threats posed by AI that are central to seminal works of science fiction, such as 2001: A Space Odyssey and The Terminator. And yet, even as AI technology advances towards Artificial General Intelligence, clear practices and codes of conduct are needed to ensure that risks are appropriately mitigated, such that AI transforms industries for the better. Opportunities across the three aforementioned industry verticals and others are discussed in the new IDTechEx report, "AI Chips 2023-2033".

      Report Coverage

      IDTechEx forecasts that the global AI chips market will grow to US$257.6 billion by 2033. The report covers the global AI Chips market across eight industry verticals, with 10-year granular forecasts in seven categories (such as by geography, chip architecture, and application). In addition to the revenue forecasts for AI chips, costs at each stage of the supply chain (design, manufacture, assembly, test & packaging, and operation) are quantified for a leading-edge AI chip. Rigorous calculations are provided, along with a customizable template for customer use, and analyses of comparative costs between leading and trailing edge node chips.

      IDTechEx's latest report, "AI Chips 2023-2033", answers the major questions, challenges and opportunities faced by the AI chip value chain. For further understanding of the markets, players, technologies, opportunities, and challenges, please visit www.IDTechEx.com/AIChips.

      About IDTechEx

      IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact [email protected] or visit www.IDTechEx.com.

      Images download:
      https://www.dropbox.com/scl/fo/l9tm12qdbeffk4fibomqp/h?dl=0&rlkey=aa8u8cmfyw5f8n2koxyr9803r

      Media Contact:

      Lucy Rogers
      Sales and Marketing Administrator
      [email protected]
      +44(0)1223 812300

      Social Media Links:
      Twitter: www.twitter.com/IDTechEx
      LinkedIn: www.linkedin.com/company/IDTechEx 

      Photo: https://mma.prnewswire.com/media/2145182/AI_chips_revenue_2023.jpg
      Logo: https://mma.prnewswire.com/media/478371/IDTechEx_Logo.jpg 

      SOURCE IDTechEx

      Modal title

      Also from this source

      Li-ion Battery Cathode and Anode Ten-Year Material Outlook, by IDTechEx

      Li-ion Battery Cathode and Anode Ten-Year Material Outlook, by IDTechEx

      An analysis of the materials adopted in li-ion batteries quantifies the change of cathode and anode materials used over the coming decade, with the...

      Global Lithium-Ion Battery Capacity to Reach 5.4 TWh by 2036, but Gigafactory Growth Cools, According to IDTechEx

      Global Lithium-Ion Battery Capacity to Reach 5.4 TWh by 2036, but Gigafactory Growth Cools, According to IDTechEx

      The Global Lithium-ion battery market size will exceed US$325 billion by 2036, representing a CAGR of 7.0%, finds IDTechEx in its new research Li-ion ...

      More Releases From This Source

      Explore

      High Tech Security

      High Tech Security

      Computer & Electronics

      Computer & Electronics

      Artificial Intelligence

      Artificial Intelligence

      Computer Software

      Computer Software

      News Releases in Similar Topics

      Contact PR Newswire

      • Call PR Newswire at 888-776-0942
        from 8 AM - 9 PM ET
      • Chat with an Expert
      • General Inquiries
      • Editorial Bureaus
      • Partnerships
      • Media Inquiries
      • Worldwide Offices

      Products

      • Explore Our Platform
      • Plan Campaigns
      • Create with AI
      • Distribute Press Releases
      • Report Results
      • Amplify Content

      About

      • About PR Newswire
      • About Cision
      • Careers
      • Accessibility Statement
      • APAC
      • APAC - Simplified Chinese
      • APAC - Traditional Chinese
      • Brazil
      • Canada
      • Czech
      • Denmark
      • Finland
      • France
      • Germany
      • India
      • Indonesia
      • Israel
      • Italy
      • Japan
      • Korea
      • Mexico
      • Middle East
      • Middle East - Arabic
      • Netherlands
      • Norway
      • Poland
      • Portugal
      • Russia
      • Slovakia
      • Spain
      • Sweden
      • United Kingdom
      • Vietnam

      My Services

      • All New Releases
      • Platform Login
      • Data Privacy

      Do not sell or share my personal information:

      • Submit via [email protected] 
      • Call Privacy toll-free: 877-297-8921

      Contact PR Newswire

      Products

      About

      My Services
      • All News Releases
      • Platform Login
      • ProfNet
      Call PR Newswire at
      888-776-0942
      • Terms of Use
      • Privacy Policy
      • Information Security Policy
      • Site Map
      • RSS
      • Cookies
      Copyright © 2026 Cision US Inc.