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The Daily AI Show

The AI Gap: Why Some Companies Are All In & Others Are Indifferent

02 Nov 2023

Description

In this episode, the DAS crew discussed the AI adoption gap - why some companies are all in while others seem indifferent. Key Points Discussed: Adoption follows a bell curve, with early adopters at one end and laggards at the other. Most are still at the very early stage. Resource constraints and perceived risks contribute to executive hesitation in some companies. But there are opportunities for individuals to skill up. Education is lacking around moving AI from experiments to reliable business solutions. Structured training is needed. AI is progressing rapidly. Solutions requiring long rollout times will become obsolete. An agile, iterative approach is necessary. Business leaders should encourage AI literacy, set an example, and run controlled pilots to build expertise. Key Takeaways: For individuals: Continuously skill up on the latest AI capabilities. For companies: Assess where teams are at already. Encourage bottom-up education/sharing. Adoption requires motivation - identify clear business benefits to justify broader investment. Executives should aim for basic AI literacy to guide strategies. Expertise comes through practice. An agile, iterative approach will be needed as capabilities advance rapidly.

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