Can Generative AI Affect World Economies?
To increase efficiency, productivity, effectiveness, and innovation in the generation of texts, images, audios, videos, ideas, advices, and codes in shortest length of time with minimum errors, then generative Artificial Intelligence (AI) is well-poised to affect all creative works in a positive manner. With the help of generative AI, inquisitive people and modern institutions can expand their products, services, and valuable ideas manifolds which tend to maximize their revenue streams and raise incomes up to an optimum extent. Triggered by intelligent inputs of prompt engineering , Large Language Models can provide lots of appealing outputs in seconds, so, that is why different brands of generative AI tools such as ChatGPT, Google Bard (now Gemini), Synthesia, Jasper, AlphaCode, and others have become so much popular around the world. In today's modern age, world economies consist of many big, medium-sized, and small entities such as companies, manufacturers, research-based i