Whether you like it or not, generative AI like ChatGPT and Stable Diffusion are about to change not only how you work, but how the content you consume is produced. Forbes spoke with a number of leading voices in the AI space to determine both the benefits and the dangers of this next wave of technological innovation, and find out why both tech giants as well as cutting edge startups are racing to grab their share of the market. 0:00 Introduction 1:17 What is generative AI? 2:02 Why Forbes decided to cover this story 2:18 The rise of Open AI 3:11 AI's recent hype 4:30 Stability AI and Stable Diffusion 6:39 Bill Gates thoughts on generative AI 7:53 Where AI can help in workflows 9:56 The issues with AI that need to be resolved 12:04 How do we set safeguards for AI to protect society? 15:14 How will we further incorporate AI in the future? 19:14 The idea of "platform democracy" 20:56 How we used AI for this video Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2023/02/02/inside-chatggpts-breakout-moment-and-the-race-for-the-future-of-ai/?sh=72352337240b Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.