Insight Report 14 minutes PremiumGenerative AI Latest: US Companies Commit to Responsible Use, Consumers See Potential for New Applications Terence Ng, Senior Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research August 1, 2023 What's InsideThe Generative AI Latest series provides regular updates on generative AI (artificial intelligence) developments globally—from retailers, governments, and platform and solution providers. In this report, we also discuss three key trends: The expansion of generative AI use cases, including Coresight Research survey data on the areas in which US consumers believe the technology can have a positive impact New regulations and commitments for responsible use in the US and China Meta’s continuous investment in AI Companies mentioned in this report include: Adobe, Google, Gucci, KPMG, Meta, Microsoft, Pinecone, Shutterstock, Ssense, Swiggy, xAI Other relevant research: The updated Coresight Research CORE framework for AI in retail The Retail Buzz Around Generative AI—Infographic All Coresight Research coverage of generative AI in retail, including previous reports in the Generative AI Latest series This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Consumers Pursue Conflicting Anti-Inflation Strategies: US Consumer Tracker 2023, Week 23US Drugstores—Retail 2024 Sector Outlook: Mid-Single-Digit Sales Growth; Stronger Focus on Healthcare ExpansionSecondhand Chic: US Fashion Resale Market Growth Driven by Vintage and Luxury Demand; Signs of ProfitabilityAugust 2023 US Retail Sales: Consistent Consumer Spending Drives Moderate Sales Growth