Out of all the conversations at The Tomorrow Show, a clear theme emerged: now is the perfect time to start scaling AI use cases. The dialogue around AI is shifting from mere piloting and exploration to the first proofs of scale, which is essential to harness its true value. Here are my three main takeaways from the event:
Many attendees agreed that the arrival of AI was significantly enabled by ChatGPT and has set the stage for broader AI engagement, whether it’s with assets, data, or industrial use cases. Interestingly, while generative AI is grabbing headlines, this wave of AI has also revived interest in classical machine learning, showing that AI is an umbrella term encompassing various technologies. The popularity and democratisation of AI have boosted traditional methods, which are crucial for solving many problems in a structured way.
The shift from bespoke R&D solutions to scalable products marks AI’s true arrival. People are eager to understand not just the technical “how,” but also the business context. This shift is significant as it marks the transition from bespoke solutions to scalable products that deliver tangible business value.
Participants emphasised the need for clear strategies on how to implement and scale AI. Beyond the technical aspects, there’s a demand for understanding AI’s efficiency within specific business contexts. Research shows a strong link between decision-making quality and performance, suggesting that AI can significantly enhance both analysis and execution processes. For example, generative AI can help set up comprehensive quality frameworks, integrating contextual information to produce valuable outputs. This capability highlights AI’s potential to improve decision-making and execution, making human efforts more efficient.
In conclusion, decision-making in industry is critical, and AI can significantly enhance this process. By providing better data processing and analysis, AI helps humans make more informed decisions. This brings us back to the human element. Despite fears of machines replacing humans, there’s a strong consensus that AI should be seen as an enabler, augmenting human capacity and expanding our influence.
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