AI’s digital dance in efficiency. Phishing schemes. And what happens after you invest in GenAI? All in this week’s Must Reads...
I enjoy your articles on AI ChatGPT. I think the older gen 50-75 needs to be up on this news. This will affect everyone's lives now and in the future. You hear all this news when you are working on how AI will affect everyone. If you are retired or just starting in the workforce your lives will change with AI. As usual, I know it is Friday with EY LinkedIn News.
I suggest you add this one - in French : Parce que la justice vous tient a coeur https://www.linkedin.com/posts/taubmanbassirian_si-vous-croyez-en-la-justice-jimagine-que-activity-7225133691973308416-IpDD?utm_source=share&utm_medium=member_desktop
EY, The latest EY Must Reads offer a powerful snapshot of today's tech-driven world. They touch on everything from Al’s push for efficiency to the latest phishing schemes that threaten our security. The insights on investing in GenAl are especially eye-opening, revealing what you might expect after putting your money into this cutting-edge technology. This week’s picks are not just about keeping up with trends but understanding how these changes impact both our daily lives and future opportunities. Whether you're a tech enthusiast or just curious about the future, these articles provide valuable perspectives and actionable advice. It’s worth a read to stay informed and ahead of the curve.
An excellent roundup of essential weekend reading! The issue of GenAI adoption is particularly intriguing. With 43% of CEOs already investing in GenAI and another 45% planning to do so soon, the challenge now is to maximize the return on those investments. Effectively integrating GenAI requires a clear understanding of where we are and where we can apply this technology to achieve the greatest impact. It’s not just about implementing AI, but about ensuring that the entire organization, from technical teams to senior management, is aligned and ready to exploit the full potential of this technological revolution. The prospect that AI could be as revolutionary as the personal computer is exciting. However, it also serves as a warning: those who fail to adopt AI quickly may be at a significant disadvantage. The key is to stay ahead of the curve, adopting responsible and strategic practices so that GenAI not only delivers on its promise, but also opens new doors to innovative business models and increased efficiencies.
Interestingly, when you look at the concept of "Digital Twins" and "AI" systems development today, once again there is a focus on getting the forecast right and these new technologies will do it so much better!!! People have been trying to improve forecasting ever since organizations started doing sales. MRP systems made leaders think "If only we could get the forecast right, everything would work perfectly in operations!" Gadzooks!!!! Why don't more people realize and manage to a customer pull? Organize your processes and systems so that a forecast (for customer orders) is unnecessary because the organization is able to make what the customer wants when the customer needs it. Quite disappointing to see that once again people are hoping AI systems, digital twins, etc. will give them the perfect forecast.
Thanks for sharing EY Kaunt API provides advanced AI models for coding of Invoices, POs & Expenses - be inspired... https://www.kaunt.com/landing/autonomous-ai-invoice-coding-via-api
Nice. We are developing job portal with Power-AI and few months we coming into live in a few months. Our whatsapp channel link below. https://whatsapp.com/channel/0029VaGlu2C0AgW3efJjms2H
I am grateful for my spouse. She was an upgrade in my life and 45+ years later I very much appreciate her being an important part of it. Also, grateful (assuming I ever finish reviewing the publisher's proofs) for a new book I will have published this October, "Learn to See the Invisible."
Project, Program Director | Generative AI/ML/DL, AWS | Stakeholder Communication | Strategic Planner | KPI | Fitness
2moThis week’s EY five must-reads were both educational and informative, reinforcing my passion for optimizing enterprise workflows with Generative AI. Generative AI is a transformative technology that organizations can leverage to improve operations. Industries can optimize workflows and increase ROI by automating repetitive tasks, reducing operational costs, and enhancing efficiency. AI-driven insights improve decision-making, enable precise market predictions, and offer personalized customer experiences. By streamlining tasks like data analysis, content creation, and customer service, companies can allocate resources more effectively and focus on strategic growth initiatives. Generative AI also aids in product innovation, offering creative solutions and accelerating time-to-market. AI-powered marketing campaigns target audiences more accurately, driving higher engagement and conversion rates. Integrating Generative AI into business operations fosters innovation, boosts productivity, and enhances profitability. The key takeaway is to double down on AI investments by scaling solutions, enhancing data quality, and fostering continuous learning to maintain a competitive edge.