Abstract
This report explores the impact of generative AI, focusing on ChatGPT’s influence in cultural,economic, and social domains, as well as its organizational applications. It explores the innovative aspects of generative AI and its potential for integration into everyday life and professional environments. The report outlines the foundations of generative AI, its advances and challenges such as hallucination and bias, while highlighting efforts to mitigate these issues. It also presents the adoption of ChatGPT in various Japanese industries, the emergence of customizable GPTs, and the importance of addressing challenges to fully benefit from generative AI. The report concludes by emphasizing the transformative promise of generative AI and the need to address its challenges responsibly.