GenAI is Already Disrupting the Workplace, and its Use in APAC is on Fire, but will it Amplify our Humanity?
Richard Turrin
Helping you make sense of going Cashless | Best-selling author of "Cashless" and "Innovation Lab Excellence" | Consultant | Speaker | Top media source on China's CBDC, the digital yuan | China AI and tech
Artwork of the day: The Coral Eye Dive Resort dock on Bangka Island, North Sulawesi, Indonesia where I am currently on holiday.
Friends, this is a holiday edition; expect errors and poor editing.
Next week's edition will be even shorter!
GenAI Conquers The Workplace With AI Skill Worth More Than Experience
GenAI has already disrupted the workplace.
Microsoft and LinkedIn’s Work Trend Index Survey paints a bleak picture for older workers as AI use booms and hiring favors those with AI skills.
AI is truly booming, with genAI use doubling in the past six months, with nearly 75% of knowledge workers using it.
GenAI’s growth is astounding, and it isn’t because it is just a fad. AI is genuinely helping people cope with workloads and improve their lives.
That said, GenAI’s benefits will not be shared equally by all.....
Read more on LinkedIn: HERE
Generative AI in APAC: Developing Nations and Young are in the Lead!
APAC's developed nations are behind in AI adoption!
Deloitte surveyed 11,900 individuals across APAC and found that younger employees are driving AI adoption and are using AI with or without their boss’s knowledge!
What is amazing to me is the high adoption levels in the survey, with 81% of university students and 62% of employees using the technology.
But wait for it, the shocker is that 50% of employees using gen AI for work purposes do not believe management knows they are using it!
Read more on LinkedIn: HERE
Recommended by LinkedIn
Chip Wars: Strengthening Supply Chains Means Ripping Them Apart To Nationalize Production
If there was ever a successful example of globalization, it was chip production.
This great report by BCG and the Semiconductor Industry Association provides a fabulous overview of how chips are made, their value chain, and how their supply chains are being “strengthened.”
It is a MUST READ even though it is a few years old because of the way it breaks out the chip value chain! I found this report captivating, and it answered many of my lingering questions about chip production.
On LinkedIn: HERE
🔥FREE GENAI BOOK AND A WEEKEND MUST READ🔥
Your "GenAI Journey to the Future" is explained by GPT-4 and a human tour guide!
This is a quirky but interesting read, and I think it is worthy of my prestigous 🔥Weekend Must Read🔥 rating! It also pulled in an impressive Wall Street Journal Best Seller ranking!
What makes this book unique is that GPT-4 is presented in its own words by a human guide who coaxes the best out of the chatbot.
On LinkedIn: HERE
Associate Professor at Duke University
6moAs always, awesome! Thanks, Richard!
Technical Business Development/Sales
6moGood read. AI is very dangerous because of the job losses it will create. Too many unemployed in any country and stability goes out the window. Not sure about humanity being "amplified" by AI, but AI adopted too fast will amplify already bad economics, heavy global debt loads and dicey geopolitics. Don't get me wrong great things will come out of AI (drug discovery/other), but also horrible things (new weapons/other). As in all things it's a question of balance. The resort looks great - enjoy your vaca!
American Banker Top 20 Most Influential Women in Fintech | Book Author - Beyond Good (2021), Metaverse Economy (2023) | Founder - Unconventional Ventures | Podcast - One Vision | Advisor | Public Speaker | Top Voice |
6moJust because companies are using Gen AI doesn’t necessarily mean older workers will be at higher risk of being displaced though. I think those with more entry-level skills are likely at higher risk as those tasks are more at risk at being replaced / automated. That said, my concern as always rests more with those who don’t have access to the digital economy nor the opportunity to learn how to leverage these tools :(
I help Leaders to Master Future Tech with Human Impact| CEO & Founder, Top 100 Women of the Future | Award winning Fintech and Future Tech Influencer| Educator| Keynote Speaker | Advisor| (ex-UBS, Axa C-Level Executive)
6moRichard, I share your views on GenAI! The rapid adoption in APAC is particularly fascinating. It's crucial for us to understand how this technology will reshape our workplaces and amplify our humanity. Would love to be on your inspirational island!
Structured Solutions Architect at Causal Capital
6moRichard, some great points. As usual, your weekly newsletter makes for an interesting read. "Microsoft and LinkedIn’s Work Trend Index Survey paints a bleak picture for older workers as AI use booms and hiring favors those with AI skills.” All white-collar workers are threatened or at the very least, the way things are currently done is at risk of not remaining. Lawyers, doctors, even programmers should expect drastic changes to their lives. Contrarian to popular thought, it’s possible that those with more experience might be more useful. Only the other day a client came to me and said, “Look I don’t have very good IT skills, I have never programmed, whatever that means but Chat GPT has written this Python script for me. All I have to do is cut and paste that text into the statistical software package and I can now let all these programmers go.” Basically, those with experience, ideas, vision, creativity and critical thinking skills are useful. Those without these capabilities need to acquire them or watch out, AI is going to wipe you out. From my assessment, I have found AI to have an efficacy level that threatens the necessity of consultants, doctors, investment advisors, interior designers and even authors.