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KPMG’s Generative AI Adoption Index shows that 61% of users are using generative AI multiple times a week. It’s clear that it’s time for organizations to consider and act on their AI strategies. Francois Gaudreau and I dive into this and discuss key steps for operationalizing generative AI within your organization in this new article on BNN Bloomberg. Take the leap, and don’t miss out on some great insights: https://bit.ly/48u0vJ3 #AI #Digital #BusinessTransformation #MakeTheDifference

Generative AI has the potential to supercharge workplaces and unlock incredible opportunities for growth and productivity. In our new article on BNN Bloomberg Marc Low and I discuss key considerations for deploying AI solutions. Dive in and read it here: https://bit.ly/48u0vJ3   #AI #Digital #BusinessTransformation #MakeTheDifference

Generative AI is starting to reshape business operations in Canada. Has your organization thought strategically about the opportunities, risks, and how to measure its value? Check out our guide for getting started on BNN Bloomberg. Learn more: https://bit.ly/49vBy1a #AI #Digital #BusinessTransformation #MakeTheDifference

The generative AI boom began in late 2022, after a 50-year history according to some. Yet even now, “company directors are trying to get a handle on artificial intelligence as its use soars, bringing potential productivity gains—but also raising the prospect of employee blunders.” Information for past #technologies bubbled up from the bottom. Managers try them out, their employees assess them, they find the cases where it works and those where it doesn’t work. They draw up an implementation plan, do it, and over the years there is some success. For some reason generative AI isn’t working that way. It’s a top-down process in which boards of directors, who often know little about the technology and the company’s business processes, are being asked to assess AI. As the article says: “Not all board members are cut out for such work.” Directors for a bank “listened to a voice-cloning model that was trained, using the CEO’s prior earnings calls, to generate new content. More boards are undertaking such staged exercises to better grasp the impact—and potential risks—of generative artificial intelligence.” Public company board members “point to recent concerns around employees putting proprietary code into ChatGPT, companies using generative AI to incorrectly source content or worries about so-called hallucinations where generative AI produces false or inaccurate information,” and a concern that they could be held liable in the event AI leads to problems.” Where are mid- and low-level managers who were once relied on for information? Are they no longer capable of providing advice, no longer trusted? Instead, board members “are on the front lines of making rules on where and how it should be used—guidelines that could be crucial to the course of the powerful and fast-evolving #technology.” And the sellers of tech are providing boards with advice. The CEO of Salesforce’s AI division, who was on the Starbucks board from 2011 to 2023, “says she has talked with a couple of dozen board members, whether CEOs or peers who reach out to her for advice, who are trying to better understand AI.” Similarly, a board member for chip maker AMD says: “I’ve seen such an uptick in directors coming to anything we offer with #AI in the title,” and also “recommended directors follow visual mapping used by consulting firm McKinsey, creating a color-coded matrix that shows at a glance the business areas in a company where AI could have the biggest impact.” Is this good advice? A simple conclusion is that the #hype from #tech companies and big consulting companies has gotten them not only in the door, but right into the board room where decisions are made. Whatever you think about AI and its risks, boards seem to be making decisions and handling problems that people closer to the problems should be handling, with some oversight from boards. #innovation #startups #artificialintelligence #ethics https://lnkd.in/ghpVg6rr

Generative AI is bringing a wave of transformative potential, coupled with unprecedented challenges. From automating mundane tasks to facilitating complex decision-making, generative AI stands at the frontier of a new corporate efficiency and innovation era. But its rapid integration into daily work processes is not without complications. Despite differing views on using generative AI in work, an overwhelming 95% of respondents agree on the need for clear usage guidelines and policies. But only 43% report that their employers have established any mandatory protocols regarding its use. #ai #artificialintelligence #generativeai #protocols #guidelines #dataprivacy #securityrisks #workplaceefficiency #chatgpt #bard #datasecurity #dataprivacy #automation https://lnkd.in/efRVDvM6

Stumped by how to create a great AI prompt? Take a look at the article "8 Essential AI Prompts for Leaders" https://lnkd.in/gVkNtdwu Encouragizers™ Blog https://lnkd.in/dWA3kNh Be an Encouragizer #encouragizers

New research shows AI writing tools can be a big help, especially for those starting out. It can spark new ideas and help you work faster. I use it every day to draft proposals, speeches and news articles. Do you use AI for content creation? Let me know in the comments! #AI #ContentCreation #TheFutureOfWork

Check out Tata Consultancy Services' interesting findings from a recent #AIsurvey conducted by Ashok Krish on the adoption of AI in businesses. The TCS survey covered 1,300 CEOs and senior executives across 24 countries. Key observations: 🔜 54% of respondents believe that AI will have a bigger impact than the Internet ⏭️ Nearly 75% of respondents recognize the need to adopt AI 🚫 Creating a plan is easy but delivering an ROI is the big challenge Want to learn more? Read the full report here:

Data drive adoption of Artificial Intelligence (AI) for your business is paramount. There are four components ExperienceIT consultants believe to be the tenants to strategic planning and execution of AI adoption. Read more in our latest blog post. https://lnkd.in/gVdNUqPt #ArtificialIntelligence #AIAdoption #DigitalTransformation

We don't know everything about #GenerativeAI, but one thing is for sure: Organizations cannot afford to fall behind. The technology is here to stay and employees are already using it in surprising ways. Check out our blog for key principles to guide you toward safe #AI use. ⬇️ https://lnkd.in/edTCGdWT