“Uphoff on Industry” explores the innovations, upheavals, and breakthroughs reshaping the world’s biggest markets. In this episode, Tony and Bob talk about the transformative potential of generative artificial intelligence (Gen AI) in the business world. They highlight how Gen AI is accelerating driving co-creation opportunities and reshaping the roles of technology providers and buyers.
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Episode 39 | Gen AI’s Impact on Business
The Big Themes:
- The focus of technology buyers: Buyers are paying attention to Gen AI’s potential to transform a business. There are going to be increasingly more enhanced, or entirely new, roles, like prompt engineer, to help companies harness the power of new technology.
- Getting off the sidelines: Technology buyers and other executives who did not adopt technologies like the PC, internet, and mobile fast enough were left behind. Tony remembers people not understanding why they needed PCs when they had typewriters and thinks those not diving into Gen AI may be making a similar mistake.
- Turbocharged co-creation: Generative AI will enable the production of more exciting software tools and applications by creating new opportunities for collaborative platforms and leveling the playing field for contributors from varied technical backgrounds.
The Big Quote: “Gen AI has the opportunity to help us create collaborative platforms for co-creation, that will have capabilities that are just simply mindblowing. Because again, go back to, you don’t have to always be somebody who knows how to code, you don’t have to be somebody that knows how to do data analytics at a supercomputer level, right? The power of these tools will allow that.”