The Generative AI: Executive Strategies to Unlock Enterprise Value program offered by Kellogg Executive Education aims to equip executives with the knowledge and skills to implement an AI strategy for their organization, infuse AI into core functions and business processes, and explore issues of competition, governance, and ethics. The program covers topics such as generative AI use cases, building an AI-ready platform and organization, and putting generative AI to work. The program is designed for C-level executives, division presidents, and vice presidents, as well as senior managers and … read more >
A survey conducted by Clarify Capital, a small business lender, found that GPT-4-generated pitches were three times more likely to secure funding than human ones. The survey asked 250 investors and 250 business owners to rate a set of human-created and GPT-4-generated pitch decks without letting the participants know that AI was involved. The AI-generated pitches beat out human ones in quality, key element description, and problem description. The survey also tested the effectiveness of the decks across different industries, including finance, marketing, and investment. read more >
IBM CEO Arvind Krishna has announced that the company will pause or slow hiring for roles that could be replaced by AI in the coming years. Back-office positions and departments such as HR, which make up around 26,000 positions in IBM’s workforce, could see up to 30% of jobs replaced by AI and automation over a five-year period, potentially affecting around 7,800 human jobs. However, IBM is still hiring for customer-facing and software development roles. read more >
Generative AI models, such as Stable Diffusion, are amplifying gender and racial biases in their outputs, according to an investigation by Bloomberg. The report found that the model depicted women and people of colour as underrepresented in high-paying jobs and overrepresented in low-paying ones. The model was also found to be inaccurate in its portrayal of skin tones and gender, and to have amplified stereotypes of race and gender in its outputs. The report warns that the use of such models in policing and other areas could exacerbate existing biases in the criminal justice system. read more >
The AI in Business Trend Report 2023 surveyed 500 tech professionals to get their take on generative AI in the workplace. Over half of the respondents reported using generative AI, with Chat GPT, CopyAI, and Jasper noted as the top three writing tools. Millennials and Gen Z showed the highest usage, averaging a 58% adoption rate. An average of 61.5% of companies between 11-1000 employees currently use generative AI in the workplace. Overall, the top five biggest use cases for gen AI in the workplace are creative writing, email marketing, idea generation, blog posts, and writing product … read more >
Adobe has launched a number of generative AI-powered services as part of its Sensei GenAI platform, including Firefly, a tool that generates images. Firefly is now available in the standalone Firefly web app, Adobe Express and Creative Cloud. Adobe is willing to indemnify businesses that use Firefly-generated images. Adobe Experience Manager and Adobe Journey Optimized now get a generative AI-based marketing copy generator. Users of Customer Journey Analytics will now also be able to use natural language queries to analyze their data and the service can now automatically caption charts and … read more >
The article is about Runway Research, a company that aims to build multimodal AI systems to usher in a new era of human creativity. They offer various AI magic tools, including Gen-2, which allows users to create videos in any style they can imagine with text to video generation. The article also highlights the company’s constant innovation and research at the core of what they do. Runway Research offers a fully-featured timeline video editor with 30+ AI magic tools, and users can try Runway for free. read more >
The article provides a step-by-step guide for new managers at Indigo, with required and optional items to ensure they have all the necessary resources and training available. The guide includes scheduling a handover meeting with the current team manager to discuss recent feedback, projects, individual goals, and shared documents or performance reviews. The article is written by Adam C. Conrad, an Engineering Manager at Meta, who is also an advisor, speaker, and writer. The reading time for the article is 2 minutes. read more >
The article discusses the impact of AI on jobs and the workforce, including the potential for job displacement and the need for adaptation and reskilling. It also explores potential solutions such as universal basic income and the integration of AI and human collaboration. The article provides examples of industries and tasks that are at risk of being replaced by AI, as well as new job opportunities in data science, AI engineering, cybersecurity, and AI ethics. The article concludes with the idea that AI technology should coexist with humans in a balanced way to improve our lives while … read more >
The article discusses the benefits of promoting managers from within a company and increasing employee engagement. It also introduces the Owens-Kadakia Learning Cluster Design Model (OK-LCD Model), which is a learning strategy and competency for modernizing learning initiatives. The model includes five actions and four principles to drive on-the-job change and shift learning’s impact from a cost center to a strategic business partner. The article offers various DIY and done-for-you learning offerings for leaders, teams, consultants, and L&D professionals to upskill and adopt the LCD … read more >
