Embracing Generative AI: Opportunities and Challenges – A Panel Discussion at CDO Vision Singapore 2023

Industry experts discuss the transformative potential and ethical challenges of Generative AI in a thought-provoking panel at CDO Vision Singapore 2023.

The CDO Vision Singapore conference, held on August 25, 2023, featured a riveting panel discussion titled “Embracing Generative AI: Opportunities and Challenges.” The panel comprised experts from diverse sectors, including Asankhaya Sharma, CEO at Securade.ai; Dietmar Böhmer, Chief Analytics Officer at Tyme; Bireshwar Dasgupta, Managing Director, Global Head, Data Solutions & Analytics, CCIB at Standard Chartered Bank; Sachin Tonk, Deputy Chief Data Officer at GovTech Singapore; and Damian Leach, Chief Technology Officer – APJ at Workday. The discussion delved into the incredible possibilities and ethical considerations of Generative AI.

The Incredible Possibilities

The panelists were unanimous in their enthusiasm for the potential of Generative AI in various domains such as content creation, data synthesis, and predictive modeling. Dietmar Böhmer highlighted how Generative AI could serve as an “army of interns,” automating manual tasks and allowing companies to scale their operations efficiently. Damian Leach discussed the transformative impact of Generative AI on industries like HR, where it can automate and optimize recruitment processes.

Addressing Concerns

While the panelists were optimistic about the technology’s potential, they also engaged in a candid discussion about the challenges it presents. Data privacy, bias, and accountability were among the top concerns. Asankhaya Sharma emphasized the need for human oversight and a “human in the loop” to ensure ethical governance. Bireshwar Dasgupta discussed the challenges of bias in AI models and how federated learning models could help mitigate these issues.

Regulatory Landscape

Sachin Tonk brought up the topic of regulatory challenges, stating that while existing frameworks like GDPR provide a starting point, they often lack the specificity required for Generative AI. He called for more proactive and aggressive regulatory guidance to ensure the ethical and effective use of the technology.

The Human Element

The panelists also touched upon the evolving role of humans in a world increasingly influenced by Generative AI. They stressed the importance of using AI to augment human decision-making rather than replace it. The idea of “human creativity” was also discussed, with panelists noting that while AI could handle certain creative tasks, the human touch was irreplaceable.


The panel discussion provided a comprehensive look into both the opportunities and challenges associated with Generative AI. While the technology holds immense promise for transforming various industries, it also raises important ethical and regulatory questions that need to be addressed. The consensus among the panelists was clear: human oversight and clear regulations will be crucial in ensuring that Generative AI is used responsibly and effectively.

CDO Vision Dubai

26th October, 2023 | TAJ JUMEIRAH LAKES TOWERS | Dubai

Unite with Dubai's foremost Chief Data Officers at an exclusive networking event brought to you by AIM Leaders Council.

Our Latest Reports on Artificial Intelligence & Data Science

  • State of Global Capability Centers (GCCs) in India 2023

    The “GCC in India 2023” report offers a comprehensive examination of the rapidly evolving landscape of Global Capability Centers (GCCs) in India. It explores the different types of centers, including their functionalities and operational aspects. As businesses globally aim to centralize specific functions for better efficiency, India continues to be a preferred destination due to its talent pool and cost advantages.

  • Data Science Skills Study 2023

    In an era defined by the data revolution, the field of data analytics has become the backbone of decision-making across industries. As organizations strive to harness the power of data, the role of data and analytics professionals has evolved into one of paramount importance. The “Data Science Skill Study 2023” by AIM-Research delves into the multifaceted landscape of these professionals, shedding light on their skills, preferences, and the ever-evolving trends that shape their work.

  • Tackling the major roadblocks of text-based GenAI

    In recent years, the field of text-based generative artificial intelligence (AI) has witnessed remarkable advancements, revolutionizing natural language processing and generating human-like textual content. These AI models, such as GPT-3, have demonstrated unprecedented capabilities in generating coherent stories, answering questions, and even simulating human conversation.

    However, within this realm of immense promise, lie substantial challenges and obstacles that demand prudent navigation. As text-based generative AI achieves unprecedented capabilities, it simultaneously encounters complex roadblocks that necessitate careful consideration. These challenges encompass a range of intricate issues that span from accuracy and coherence to ethical considerations and contextual understanding.

    This report aims to explore and dissect the major roadblocks encountered in the domain of text-based generative AI and present effective strategies to overcome them.


  • Generative AI Tools: A Comprehensive Market Analysis

    The market for Generative AI tools is thriving, propelled by the expanding applications of these technologies and the growing recognition of their potential benefits. Industries across the spectrum, from tech and entertainment to healthcare and finance, are leveraging these tools to streamline processes, enhance creativity, and make strides in innovation.

    This report aims to provide an exhaustive analysis of Generative AI tools that are dedicated to individual functionalities. By investigating the market dynamics, uncovering trends, and identifying key players, this report offers essential insights into the current scenario and future prospects of these tools.


Subscribe to our Newsletter

By clicking the “Continue” button, you are agreeing to the AIM Terms of Use and Privacy Policy.

Supercharge your top goals and objectives to reach new heights of success!