Given the deafening buzz in the six months since the public debut of ChatGPT, it can feel like we’ve entered an AI bubble.
Forbes’ 2023 Progress Report: Where 11 Of America’s Top Companies Stand On Diversity And Equity Goals
Smart companies are already taking a proactive approach. A business with which I recently signed a contract inserted language specifying that a licensing deal would need to be agreed before any of its shared data could be used to train AI models.The three-year horizon is about embracing the opportunities that AI represents to create more value, impact and profitability. Most companies — even large ones — have three to five core business activities that are central to their success.
One of the speakers at the TED event I attended was Sal Khan, the founder of Khan Academy—the free online education platform. After initially losing sleep over ChatGPT last year, he realized it could hold the answer to education’s so-called On the back end, AI holds the promise of huge gains in efficiency and cost reductions. It’s hard to imagine that mortgage approvals will still take days or weeks in the AI era.The ten-year horizon is going to be the most challenging work that companies need to do. On the third and longest time horizon, companies need to be able to respond with wisdom to the big and often scary issues that AI raises for our society.
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