Spearhead AI consulting

Why companies that wait to adopt AI will never catch up

Companies that wait to adopt AI might never catch up.

Most companies are fast followers because they ‘wait and see’ what others are doing before transforming.

This fast follower strategy will not work for AI.

There are three key reasons for this:

1) Choosing and implement the right AI stack based on the needs of the organization around internal and external use cases, data privacy, and security. The architecture decisions become challenging given how dynamic this space is. There are AI innovations and accleration happning almost every week.

2) Expert human need to spend enough time with AI to provide direction, nudges and learning. Even if we use RLHF, there is significant effort required to provide the rewards-based learning and train AI. This would apply to either a broad LLM like OpenAI‘s GPT 4, Google‘s PALM 2; or a narrow LLM like what Intuit and Bloomberg are creating. Also, the training needs be aligned to responsible AI principles.

3) Ongoing AI governance against model drift: AI applications need a comprehensive governance approach. AI algorithms, built on historical data, decay over time and need continuous monitoring for potential bias and interpretation of changes in business context.

If companies don’t start early, it is hard to build muscle over a period of time.

If your company is not adopting AI, your competition likely is. With AI, the competition can disrupt incumbents not in decades, but in years or even months.

#ai #aigovernance #aistrategy #llms #llm

Further reading, though slightly dated: https://lnkd.in/gB54xX8F

Related Posts

Tech Time Warp: Silicon Valley’s Struggle with Legacy Systems

Media: with AI, Silicon Valley is destroying opportunities for everyone

AI’s Cost-Cutting Code Revolution: Why Tech Job Demand is Set to Soar

AI will drastically bring down the cost of writing code. Surprisingly, that means that we will need more tech professionals, not less.

Generative AI: The Catalyst for Data Center Transformation in the Age of AI

How Generative AI is overhauling Data Centers

Steve Cohen’s Vision: Is the 4-Day Work-Week Our Inevitable Future?

Is the 4 day work-week our inevitable future?

Cracking the Code: Exploring Enterprise AI Adoption and Consumption Dynamics

How are enterprises adopting and consuming AI?

AI Is The Next S-Curve Powering Enterprise Transformation?

We are witnessing the rise of AI as a brand new S-curve of enterprise transformation and innovation.
Scroll to Top