“Develop AI strategy for your organization” with Dr. Kavita Ganesan, where she discusses things to consider when implementing AI.

Many programmes, specifically AI-based programmes, start with the right intentions but often fail when they go into production. And, to explore this topic, we had an insightful discussion with our guest in this episode to understand why this happens and how it can be solved.

One key problem is that they’re not solving the right problems with AI. People think of a cool idea, and then they come up with an AI solution, and once they’ve developed it, there isn’t a consumer for it.

– Kavita Ganesan

Most of the AI initiatives today fail to make it into production because people are not solving the right problems with AI, and there is a lack of understanding of what AI is at the leadership level.

The perception that Gen AI can solve every problem is inaccurate, and understanding this is crucial for enterprise leaders. There are many other AI techniques that can solve business problems and it’s important to have a general understanding of what AI is and what types of problems it can solve. As implementing AI is not only cost intensive, but it also comes with many risks.

Nowadays, many people think that because of Gen AI, we don’t need to collect data; we don’t need a data strategy; data is just gone. But that’s far from the truth.

– Kavita Ganesan

After the emergence of Gen AI, contrary to what many people think today, data collection is still a very integral part of AI initiatives in order to fine-tune the models for company-specific problems.

When deciding on the application of AI, it is advisable to use it for intricate issues that require numerous narrow prediction tasks. In such cases, a large amount of data points needs to be evaluated for making decisions, which could be challenging for human minds to process.

It’s important for companies to have a strategic approach while implementing AI. Instead of just focusing on the latest trends (like implementing Gen AI for all the problems), companies should identify the problems that need to be solved in their business in order to have a huge business impact.

Production Team
Arvind Ravishunkar, Ankit Pandey, Chandan Jha

Join us in this episode featuring Shikhar Ghosh, Professor, Harvard Business School, as we explore how AI can fundamentally impact business and society!

In the ever-evolving landscape of technology, artificial intelligence stands as a true disruptor, poised to reshape not only our businesses but also the very fabric of society. In a captivating podcast discussion with Shikhar Ghosh, Harvard Business School professor, we delve deep into the riveting world of AI, exploring why its impact is so seismic, how enterprise leaders should navigate this new frontier, the question of human relevance in the age of AI, and whether we are truly prepared for this transformative journey.

We will uncover the essence of AI's disruptive power and provide compelling insights into the sheer transformation that AI can herald.

Be prepared to be guided through the stormy seas of AI influence on businesses. Our expert highlights the critical importance of a well-defined AI approach. Enterprise leaders must be agile and proactive, recognizing that AI is not merely a tool but a transformational force. We will discuss how to approach AI with an open mindset, viewing it as a catalyst for innovation rather than just a threat.

We will also see why leaders should maximize the upside of AI. This underscores the value of human-machine collaboration, emphasizing that AI augments human capabilities rather than replacing them entirely. It's a matter of harnessing AI's analytical prowess to inform decision-making and free up human resources for more creative and strategic pursuits.

One of the most intriguing segments of the podcast explores the question that lingers in the minds of many: Will humans remain relevant in the age of AI? This is discussed with nuances that business leaders can take a leaf from and be proactive in embracing AI wisely and effectively.

In a world teetering on the precipice of AI-driven transformation, this podcast offers a compelling exploration of why AI is the disruptive force of our era. It presents an alluring narrative that transcends the technical jargon, making the topic accessible and engaging for both the tech-savvy and those new to the AI landscape. As we listen to Professor Shikhar’s captivating insights, we are left with a resounding question: Will we embrace AI as a catalyst for positive change, or will we be swept aside by its inexorable tide of disruption? The answer may very well determine the fate of businesses and society as we know it. Find out more, tune in to the full podcast and embark on a journey into the future of AI, business, and our shared human experience.

Production Team
Arvind Ravishunkar, Ankit Pandey, Chandan Jha

“Developing GenAI Strategy” with guest Omid Bakhshandeh, AI Scientist with a PhD in Artificial Intelligence, discusses how organizations can foray into adoption of GenAI.

Whether you are the company's CEO or leading a business unit, if you're asking yourself the question, should I develop an AI strategy? That's the wrong question because today, we know that if you don't have an AI strategy, the odds of you being successful in the next couple of years will diminish. So, the right question is, what is my AI strategy, and how fast can I deploy this strategy? To answer this question, large language models are at the heart of every company's AI strategy. In a previous episode with Professor Anum Datta, we unpacked LLMs and explored what LLMs are. In this episode, that conversation was taken to the next level, and we discussed the key things you need to know about LLMs that'll help you develop your company's AI strategy.

Looking at the current landscape of Large Language Models (LLMs), these LLMs capture vast amounts of knowledge and serve as repositories of knowledge that have given rise to foundational models. With this concept, there's no need to initiate the training of an LLM from the ground up. Instead, existing LLMs available in the market, which have already encapsulated knowledge, can be harnessed and seamlessly integrated into applications. It is beneficial for companies in most cases to follow this strategy. The inherent trade-off pertains to the risk of foregoing the utilization of established LLMs, which could result in a delay in promptly reaching the market.

On the contrary, some companies, characterized by their possession of significant volumes of unique and customized data, may contemplate the development of proprietary foundational models and specific LLMs. This strategic manoeuvre facilitates the integration of such models into their respective industries and provides avenues for potential monetization opportunities.

The key for leaders is to pay close attention to the potential use cases, data, and the support system available when building the AI strategy.

Production Team
Arvind Ravishunkar, Ankit Pandey, Chandan Jha