Even though it’s only been two years since the public demo of ChatGPT launched, popularizing the technology for the masses, generative AI technology has already had a profound and transformative effect on the world. In the years since the platform’s launch, critics have regularly pointed out the risks of generative AI and called for increased regulation to mitigate them. Once these risks are addressed, companies will be more free to use AI in ways that help their bottom line and the world as a whole.