In this episode of The Union podcast, Chris and I review McKinsey &Co.’s “The state of AI in 2023: Generative AI’s breakout year,” exploring its impact on various industries and job functions and how it’s shaping the future of work. How High Performers Achieve Results with Generative AI McKinsey’s report summarizes 1684 survey responses and …
Companies evaluating AI want the most accurate machine learning models (ML) to predict or summarize business outcomes. However, many times achieving high levels of accuracy and confidence inflates expenses and erodes value versus adding to it. In this episode, Luther and I discuss what is and what is not AI, evaluating ML model accuracy against …
Embracing Predictive Analytics in Decision-Making In this episode of The Union Chris and I discuss predictive analytics and how to use it to help you make better decisions. We explored how advanced analytics can help business process owners and IT professionals boost their decision-making prowess. The most important topic in this episode is using machine …
There’s a lot of AI buzz and businesses everywhere are feeling the pressure to integrate this exciting technology. However, amidst all the hype, there’s a need to clarify a few things. First off, AI isn’t a panacea for all business woes. It needs a foundation of sound data and processes to be effective and it’s …
Generative AI is transforming how data and content are generated in many types of use cases. Its ability to quickly summarize data and enable people to interact with systems in a conversational manner is redefining what work is and the value associated with it. In a recent conversation with Chris Kraus, we reviewed McKinsey & …
Artificial intelligence (AI) has an immeasurable impact on various industries, from finance to healthcare to customer service. It can automate repetitive tasks, derive insights from massive data sets, and even help manage and govern data. However, effectively governing AI data requires a well-thought-out strategy and proper implementation. Chris Kraus and I discussed the importance of …
Generative AI possesses great abilities to craft impressive content. Its capacities in generating text, photos, and videos, and engaging in conversational interactions are remarkable, yet they represent only one step in a customer’s or employee’s quest to complete a process. Imagine a customer reaching out to an organization for assistance. Generative AI can answer this …
Implementing generative AI or any other form of AI within a business framework demands more than mere installation. Businesses need to be confident that their data remains secure and that there are role-based administrative procedures present in managing the least privilege. The AI should be capable of synchronizing with current systems in real-time to provide …
Technology innovation is advancing faster than ever before and companies are constantly faced with the challenge of deploying these new technologies to stay competitive. However, the key to a successful digital transformation lies not in forcing employees to adapt to new tools, but rather in tailoring the technology to the unique needs and working styles …
Orchestration is a complex process that involves multiple steps to successfully deploy and update software features for customers. It requires communication with customers, training them appropriately, automating deployment and production processes, and continuously monitoring the progress of the project. By focusing on exceptions and updating automation processes periodically, one can ensure that users can use …