Artificial Intelligence Update’s Post

Oh, that AI... it's so hot right now... Because of that, many executives are showing a positive outlook on its impact. According to a recent study, 57% of respondents express excitement or optimism about AI's potential impact on businesses. Unfortunately, 45% of respondents anticipate that up to half of their employees will rely on AI. The majority (65%) believe that AI will enhance human capabilities, allowing individuals to focus on tasks that require creativity and strategic thinking.

Curious about how innovation standards can drive real impact in financial services, especially with the rise of generative AI? Watch this webinar where we explore how ISO innovation standards can be applied directly to AI initiatives. In this recording, we cover:  1️⃣ ISO Innovation Standards: What are they, and how do North American financial services firms measure up?  2️⃣ The Importance of Innovation Capabilities: Why all financial services firms need these capabilities, particularly for generative AI programs. 3️⃣  Real-World Application: A practical, worked example of applying key innovation standards to an AI use case, highlighting how ISO principles and aligned processes can be used to strengthen AI initiatives. If you’re interested in enhancing your innovation strategy and seeing how global standards apply in practice, this is a must-watch!  👉 Check out the full recording to gain insights and practical takeaways: https://lnkd.in/dkZvB9CD #AI #Innovation #FinancialServices #ISOStandards #GenerativeAI David Milligan Avinash Singh Magnus Penker Innovation 360 Group AB

Are you responsible for navigating the complexities of artificial intelligence (AI) in your organization? Whether you’re involved in the planning, implementation, or development of AI systems, this complimentary webinar is designed for you! Join us on 16 October 2024, at 2 PM AEDT, for our webinar, “Navigating the AI Journey in Your Organization”. Our expert speakers and panelists will discuss: AI trends and emerging technologies Managing digital AI strategy and risk Where to start? Assessments and more Understanding ISO 42001: The new international standard on AI and its organizational impact AI readiness for upcoming regulations like the EUAIA AI governance models Best practices and real-world examples Register now:  https://lnkd.in/gqTVZgRb #AI #DigitalTrust #ISO42001 #Webinar #BSIAPAC

Navigating the AI Hype: Strategic Integration Over Trend Adoption In today's rapidly evolving tech landscape, the integration of artificial intelligence (AI) into business systems often seems like a necessity rather than a choice. There is a growing concern that companies might be left behind if they do not adopt AI. However, it's crucial to consider whether the inclusion of AI is essential or if it risks becoming an unnecessary complication. Before integrating AI, organizations should meticulously evaluate the costs, the specific use cases, and the potential complexities it may introduce. It's not just about keeping up with trends; it's about smart, strategic implementation that truly benefits the company. #ArtificialIntelligence #BusinessInnovation #TechTrends #StrategicImplementation For AI consulting and implementation, please reach out to ho@ewallsolutions.com www.ewallsolutions.com

This article explores strategies for balancing AI assistance with human input to achieve ethical, effective, and personalized outcomes. It emphasizes understanding AI's role as a complementary tool to human expertise, identifying tasks suited for AI versus human input, and ensuring ethical AI use through continuous monitoring. Additionally, the article discusses the importance of upskilling employees to work alongside AI and fostering a collaborative mindset that views AI as a partner rather than a competitor. Ultimately, it highlights the need for a dynamic and ongoing process to maintain this balance for sustainable growth.

New AI demos are flooding our feeds every day. But there's a big difference between a jaw-dropping AI magic trick in a demo and successfully integrating AI into an enterprise. At Itero Group, we help organizations take a thoughtful, pragmatic approach to evaluate and weigh AI opportunities, ensuring they deliver meaningful and lasting impact. • Is it consistent with your objectives? • Does it follow ethical AI guidelines? • Are resources available to implement it? Assess your capacity, budget, and expertise to execute AI initiatives effectively. Success comes from balancing ambition and possibility with strategy—prioritizing opportunities with a pragmatic lens is the foundation for responsible and effective AI integration. Ready to move beyond the demo and integrate AI responsibly? Learn more here: https://lnkd.in/e-mda-4V #ResponsibleAI #AIIntegration #DataSecurity #EthicsInAI #IteroGroup

Oh, that AI... it's so hot right now... Because of that, many executives are showing a positive outlook on its impact. According to a recent study, 57% of respondents express excitement or optimism about AI's potential impact on businesses. Unfortunately, 45% of respondents anticipate that up to half of their employees will rely on AI. The majority (65%) believe that AI will enhance human capabilities, allowing individuals to focus on tasks that require creativity and strategic thinking.

It’s #ToolkitTuesday, and this week we’re introducing a new checklist that will help your team determine whether or not #AI is an appropriate solution to address certain public sector challenges. At Nava, our team recognizes that AI (of any type) is not the right solution to every problem, but there are steps you can take to help you rigorously and critically assess whether or not AI should be considered for your specific use case. We recommend taking a 4-phased approach to help you make this decision: Phase 1: Define the problem. Phase 2: Determine whether AI capabilities are appropriate.  Phase 3: Assess your data, infrastructure, and operational readiness. Phase 4: Evaluate risks and create mitigation plans. The toolkit dives deeper into each phase if you’d like to learn more:  https://lnkd.in/gJTmktSH     Kudos to Alicia Benish, Kevin Boyer, Ryan Hansz, Diana Griffin, D. "Yoom" Lâm, and Martelle Esposito, MS, MPH for pulling together this helpful checklist!

This list could be useful for private sector as well.

Worth a read on grounding AI implementation in the actual needs of the work.