Generative AI Models Spark Revolution and Backlash

ChatGPT, a conversational AI built by OpenAI, gained over 1 million users in under a week.
Generative AI can create content from simple prompts but faces challenges around accuracy and ethics.
Promising use cases exist in financial services, insurance, and marketing but the tech is not ready for high-risk areas.
Life insurance and compliance are less likely to adopt generative AI in the short term.
Generative AI is making content creation more accessible but risks plagiarism and inaccuracy.