Artificial Intelligence for Business

Jul 26, 2024

Artificial Intelligence for Business - Key Points by Tim Sanders

Introduction

  • Speaker: Tim Sanders
  • Topic: Insights on AI in business for C-suite executives
  • Key Focus: AI adoption, talent acquisition, and strategic implementation

Current AI Adoption Landscape

  • Energy towards AI: Record high enthusiasm in 2023
  • Catalyst: Mass adoption of ChatGPT allowing average business users direct benefits

Revisiting "The Technology Fallacy" (2019)

  • Main Point: Finding people to do the work is the biggest dependency in digital transformation
  • Reference: Article "AI Is a Lot of Work"
  • Key Insight: AI requires extensive workforce involvement for data handling, coding, quality management, support, and implementation

Implementation Strategy

  • Not Off-the-Shelf: AI can't be simply purchased and used; requires strategic approaches
  • External Networks: Utilize platforms like Upwork for talent sourcing

Talent Services Model for GenAI

  1. Strategic Consulting:
    • Understand business opportunities and threats
    • Identify deployment strategies, stages, measures, and data pipeline connections
  2. Systems Architecture & Info Security:
    • Prevent IP leakage, especially with open-source solutions
  3. Tactical Roles:
    • Prompt Engineers: Determine direct-to-production outputs from AI
    • Quality Engineers: Internal/external experts for quality management
  4. Tuning Experts:
    • Fine-tune models and chat bots for bespoke business cases

Future Workforce

  • Judgment Business: Full-time team members focusing on judgment as prediction costs drop
  • On-Demand Talent: Specialized skill sets like prompt and Python engineers, consultants, CSEC architects
  • Chat Bot Population: Inclusion of AI agents in the workforce, managing integration and cultural issues

Final Thoughts

  • Emphasis on Changes: The future will have significant shifts in workforce structure and AI integration.
  • Ongoing Insights: More thoughts to be shared in the future.