This lecture is from the course Generative AI for Business.
Generative AI's competitive advantage demands businesses to adapt swiftly, leveraging its evolving capabilities while maintaining human oversight to drive innovation.
Generative AI has rapidly evolved from simple predictive text to revolutionising customer service and even detecting cancer in medical imaging, making it an unprecedented exponential technology.
However, business leaders must also avoid the common pitfall of assuming AI's current limitations are permanent.
As the technology continues to advance exponentially, a successful approach requires recognising AI's potential for transformation while thoughtfully integrating it into business strategies.
By balancing AI's strengths with appropriate human oversight, companies can harness its power to drive innovation, enhance decision-making, and gain a competitive edge in the digital age.
References:
https://www.forbes.com/sites/cognitiveworld/2022/08/14/the-one-practice-that-i…
