"Unveiling the Imperative of AI Governance and Ethics for Business Leaders"

The rapid growth of generative artificial intelligence (AI) has raised concerns about its potential impact on society, competition in Hollywood, misuse for defamation or hacking, and legal uncertainties. Major tech companies and Hollywood studios are lobbying for safeguards and grappling with the implications of AI on copyright law and job security. The industry is also contending with the challenge of regulating AI and addressing its potential for abuse, while navigating the evolving legal landscape and potential revenue impacts.