Article

The International Journal of Applied Forecasting

The International Journal of Applied Forecasting

The surge in generative AI, exemplified by tools like ChatGPT and DALL-E, has thrust it into the spotlight, particularly in discussions about forecasting software's future. With ChatGPT reaching 100M monthly users within months of its launch, debates about AI's potential benefits versus concerns over its risks have intensified. Tech giants rapidly integrate AI into their platforms, with Microsoft incorporating GPT-4 into Bing. Political bodies are also pushing for AI regulation. Despite AI's potential in forecasting software for code generation, user interfaces, and automation, challenges remain, including data availability and ethical considerations.

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