AI FOR BUSINESS
The impact of artificial intelligence on the business world is still underestimated. Strong leadership is required.
In 2023, ChatGPT acted like an earthquake, upending traditional business habits, scaring people about the future, and laying fertile ground for new businesses.
ChatGPT has created a fundamental shift in AI’s contribution to the economy. But this is only the beginning!
Further development will require fundamental changes in processes, roles and the entire organization of businesses. We will return to this later.
We all tend to overestimate the short-term impact of new technologies. This trend leads to hype cycles that end in disillusionment. And we all underestimate the long-term impact and fundamental changes that new technologies bring.
Shaping the future requires specific skills that are not yet fully developed.
I wouldn’t say I see much further than others, but I’m sure a lively discussion about future developments will lead to better understanding. I would therefore like to propose a model that illustrates the challenges that businesses will face in the near future. Let’s discuss it.
Artificial intelligence is not new. This has been part of many business processes for years. The simplest implementations help people be more productive.
The longest historical path is that of analytical and predictive AI, which is mainly based on statistical methods. They make it possible to analyze huge amounts of data and detect patterns that would otherwise go unnoticed.