Tech Report: Generative AI
Peer Reviewed
Date issued
March 2025
Subject
Artificial Intelligence;
Conflicts Resolution;
Exponential Technology;
Disruptive Innovation;
Science and Technology;
Creativity;
Data Management;
Learning;
Best Practices;
Industry;
Innovation;
Trust;
Regulation;
Computer Software;
Health
JEL code
O32 - Management of Technological Innovation and R&D;
O33 - Technological Change: Choices and Consequences • Diffusion Processes;
O35 - Social Innovation;
O38 - Government Policy
Category
Learning Materials
This report aims to provide a comprehensive overview of how Generative AI works and will provide an update to the information presented on the September 2023 IDB Report. Further sections will delve into the wide-ranging applications of Generative AI, showcasing examples across different fields and discussing the challenges and risks associated with its deployment, including ethical considerations, its security, and privacy concerns. Lastly, the report will highlight best practices for the safe and responsible use of Generative AI tools to equip readers with essential insights into responsible innovation and the strategic adoption of Generative AI technologies in a rapidly evolving digital ecosystem.
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