EcoDataCenter’s Post

There are tech trends and there are platform shifts... Part of the Bits & Pretzels growth hack tactics is to make me post this picture for merch - and connections. The real reason I'm there is the well-programmed "Future of VC" by data-driven front leader Dr. Andre Retterath and conference master Felix Haas. It is the first big physical event covering the platform shift of AI in VC. See you there!

At Bits & Pretzels and want to learn about the digitization of venture capital? Feel free to reach out and we can share a beer and a pretzel and talk about how NorthStar Impact Analytics can help augment your investment operations! 🍻🥨🍻🥨

📺 Watch our video analyzing key insights on the transformative potential of Generative AI in just about one minute.     GenAI is showing signs of potential as the next big investment bubble. Drawing parallels with the tech bubble of the 1990s, we analyze key insights for today's investors:    1. History has shown that the most successful companies that emerge from tech transformations are often not the industry giants at the outset. By understanding this principle, investors can anticipate the potential leaders in the GenAI revolution.    2. While it's true that a bubble will inevitably lead to a bust, it's important to recognize that the excitement surrounding GenAI drives significant capital investment. This influx of funds can lay the foundation for long-term benefits even after the bubble deflates.    3. To navigate the highs and lows of the GenAI phenomenon, a fundamental investment approach coupled with disciplined rebalancing is crucial. By strategically managing investments, investors can capitalize on the gains during the boom and shield themselves from risks during the bust phase.    Explore more on this topic in our latest research publication authored by Que Nguyen, "Learn from Last Tech Bubble to Embrace GenAI Mania," here: https://lnkd.in/g4_DxhhP     Subscribe to our website to receive our latest complimentary research: https://lnkd.in/eQEU8ZUT     #GenAI #Investing #Nvidia #InvestmentStrategy    [Disclosures: http://bit.ly/3hT1PuD]

Gen AI’s honeymoon phase is over. Building pilots is somewhat easy, but getting to scale requires CIOs to focus on fewer things. As gen AI matures, welcoming in its next phase will allow companies to generate real value at scale. My colleagues explore 7 truths: 1) identify truly successful pilots, 2) the system counts, 3) handle costs early enough, 4) tame proliferation of tools/tech, 5) create teams that focus on value vs. tech, 6) right, not perfect data, 7) reusability in the core

Very interesting discussion, Vanessa! Thanks for sharing this.

The core of this is spot on. AI accelerates the collapse of trust and pushes people to rely on trusted friends vouching for other people as a principal mechanism. This is even worse in hiring. I was talking to a head of talent for a global firm where they said that now resumes cannot be trusted and interviewers are seeing the reflection of ChatGPT in people’s glasses during remote interviews. They’re having to go back to trusted introductions and a smaller world. We have to build for a world reliant less on broad social graphs and more on interdependent reputation graphs.

Excited to dive into the latest trends and innovations at #MWC24! With sessions on how generative AI is reshaping marketing, insights into Industry 5.0 and a deep dive into fresh business models in the cultural digital market, the agenda looks absolutely captivating. Can't wait to learn from the best and swap insights on navigating this new era. If you're around, let's definitely connect and chat! #MWC #tech #marketinginnovation

I posted about this some time ago, and my opinion hasn’t changed: authenticity will be the new superpower to skyrocket your career. As Tony Haile said, trust is fragile, and rebuilding it will require additional effort. Every day on LinkedIn, I see people liking posts from influencers who explain how they can automate everything with AI. But don’t be fooled—you are their product. Their end goal is to sell you consulting services and grow their own online presence, not to make you successful. They are selling the shovels, making you believe you’ll find gold. Now is the time to double down on your soft skills. Invest in learning how to speak publicly, write a document, be a better friend, and demonstrate empathy and teamwork. These skills will support you, whatever the future of tech holds. One sentence I love from Simon Sinek : The more we look out for others, the more others will look out for us

Solid guidance from McKinsey to achieve AI at Scale. I would add the need for systematic discovery and execution. Article series on AI Transformation provides perspectives on that. #AITransformation https://lnkd.in/dJsbU7zu

Great article by my colleagues (Aamer Baig, Douglas Merrill, Megha Sinha, Danesha Mead and Stephen Xu) lays out 7 things CIOs need to know or do when scaling AI: 1) Eliminate the noise, and focus on the signals (i.e., get past experiments by being focused on what can be learnt from POCs and go after solving a small number of big business problems) 2) It's about how the pieces fit together, not the pieces themselves (i.e., too much time is spent on choosing tools that are either obvious or undifferentiated vs integrating them) 3) Get a handle on costs before they sink you (i.e., platinum plating can be extremely expensive in this space with 10-20x variance of spend for similar outcomes, also change mgt vs development should be 3:1 but is often under-estimated) 4) Tame the proliferation of tools and tech (i.e., 'too many platforms' is a leading obstacle to progress) 5) Create teams that can build value, not just models (i.e., getting to impact is 'never just tech') 6) Go for the right data, not the perfect data (i.e., high performing GenAI solutions aren't possible without clean data, this requires real work and focus) 7) Reuse it or lose it (i.e., the name of the game in scaling is reuse - GenAI development can be sped up 30-50% through reuse of code) #NeverJustTech #GenAI #AI #data #McKinseyTechnology #QuantumBlack