I just published a book called “Generative AI for Busy Business Leaders.” It’s a very short book that covers practical frameworks and strategies that’ll help you use AI with your team. It’s listed for only $0.99 on Amazon for a limited time, and all proceeds from the first 30 days will be donated to a good cause. Click here to check out “Generative AI for Busy Business Leaders” on Amazon (only $0.99 for a limited time) New Government Mandates for AI Development The US ... Read More

Artificial Intelligence (AI) has become a buzzword in the business world, promising transformative changes across various industries. However, understanding and adopting AI can seem daunting, especially for those who are new to the field. In this post, we will simplify the complexities of AI adoption and provide a clear roadmap for businesses looking to leverage AI technologies. The Three Layers of AI Adoption At its core, AI adoption can be broken down into three distinct layers, each ... Read More

A recent study by MIT CSAIL, MIT Sloan, The Productivity Institute, and IBM’s Institute for Business Value focuses on the economic feasibility of AI in automating vision-related tasks, finding only 23% of such tasks are economically viable for AI automation. In other words, for the majority of those task types, it’s just too expensive to use AI to replace them (at least at this time). This is good news for many people and departs from general assumptions about AI taking ... Read More

Generative AI, often abbreviated as Gen AI, is a groundbreaking technology that creates new data. This data isn’t sourced from the internet or existing databases; it's generated on the spot. Gen AI encompasses a wide range of outputs, including text, images, audio, and video. Imagine Gen AI as a 'magic box.' Inside this box are various components like training data and AI models. You input a request into this box, and Gen AI works its magic to generate new content in various forms. The output ... Read More

If you're considering integrating Gen AI into your organization, here are five progressive stages of Gen AI adoption that will help you effectively integrate Gen AI into your business strategy. Stage 1: Rest - The Starting Point At the 'Rest' stage, your organization hasn't yet adopted Gen AI. This could be due to a lack of awareness of its benefits or you might be in the process of evaluating its potential in your business context. It's a common starting point for many ... Read More

Here's a list of key players in the AI space. Before we dive into the list, it's crucial to acknowledge the rapid evolution in the AI industry. New companies emerge, some get acquired, others might cease operations - it's a constant flux. Therefore, this guide provides a snapshot of the current landscape, focusing on some of the most influential names in Gen AI. Let's break down the key players using a four-row table format: the parent company or key investor, the organization behind the Gen ... Read More

The International Monetary Fund (IMF) recently released a staff discussion note entitled “Gen-AI: Artificial Intelligence and the Future of Work.” Here are three main highlights: What does this mean for leaders? Here are three takeaways for leaders: OpenAI Launches the GPT Store A few months ago, OpenAI announced that they’re rolling out custom versions of GPTs that you can create to help you with specific purposes. Recently, OpenAI launched their "GPT ... Read More

Here's a quick overview of what is generative AI and how it can help you as a leader. What is AI? To start, let's address a fundamental question: What exactly is AI? In the simplest terms, AI is a system that replicates human abilities. As Allie Miller, a prominent figure in the AI field, puts it: "AI is a system doing a human thing." This means AI can see, hear, write, make suggestions, and take decisions, just like us. So then what's Generative AI? Here's a chart that helps ... Read More

I don’t usually get excited about gadgets before they actually hit the market and people test them out. But this specific one, revealed at CES 2024, has topped the list of every major AI publication. It’s called the Rabbit R1, a new AI device that’s designed to function as a standalone unit with capabilities to control various apps. Shortly after its release, it got sold out and is now on pre-order. Here’s the link to the full video explaining its features: What does this ... Read More

Here are five things you should know as an AI business leader before you implement generative AI solutions at work. 1. The Lack of a Playbook: Embracing the Uncharted First and foremost, understand that AI in business is still a relatively new frontier. Unlike other established technologies, AI doesn't come with a ready-made playbook. The absence of a definitive guide may seem challenging, but it's also an opportunity. Leaders need to embrace the fact that AI is a field where learning and ... Read More