WEBVTT 1 00:00:00.810 --> 00:00:04.410 Generative AI could make it easier than ever before 2 00:00:04.410 --> 00:00:07.170 for your company to adopt AI at scale. 3 00:00:07.170 --> 00:00:09.510 We are, of course, seeing a lot of excitement 4 00:00:09.510 --> 00:00:13.440 about how generative AI will impact productivity 5 00:00:13.440 --> 00:00:15.870 and significantly reduce cost. 6 00:00:15.870 --> 00:00:20.870 However, generative AI's democratizing powers also means, 7 00:00:21.780 --> 00:00:24.780 by definition, that your competitors 8 00:00:24.780 --> 00:00:28.050 will have the same access to these use cases. 9 00:00:28.050 --> 00:00:30.870 And this is why we think CEOs 10 00:00:30.870 --> 00:00:34.380 should focus less on these table stakes use cases 11 00:00:34.380 --> 00:00:38.670 and instead focus on golden use cases 12 00:00:38.670 --> 00:00:42.753 that will bring true competitive advantage in the long term. 13 00:00:44.070 --> 00:00:46.800 These use cases could come from any point 14 00:00:46.800 --> 00:00:47.943 along the value chain. 15 00:00:49.050 --> 00:00:50.940 At the beginning of the value chain, 16 00:00:50.940 --> 00:00:55.170 generative AI can be used to innovate quickly 17 00:00:55.170 --> 00:00:57.543 on entirely new offerings. 18 00:00:58.827 --> 00:00:59.820 For example, 19 00:00:59.820 --> 00:01:04.820 Profluent Bio integrated Salesforce's ProGen model 20 00:01:05.040 --> 00:01:09.750 into their R&D process to quickly discover new drugs 21 00:01:09.750 --> 00:01:11.760 through inverse design. 22 00:01:11.760 --> 00:01:13.500 But what is inverse design? 23 00:01:13.500 --> 00:01:16.260 It means you ask for specific functionality 24 00:01:16.260 --> 00:01:19.200 and the model will generate molecules 25 00:01:19.200 --> 00:01:20.553 with that functionality. 26 00:01:21.570 --> 00:01:24.840 Soon, they will simply prompt for molecules 27 00:01:24.840 --> 00:01:26.760 that will tackle diabetes 28 00:01:26.760 --> 00:01:29.223 and create new therapies from the results. 29 00:01:30.090 --> 00:01:33.000 Once CEOs have their golden use cases, 30 00:01:33.000 --> 00:01:35.880 they will need to work with their tech teams 31 00:01:35.880 --> 00:01:40.880 to decide how to embark with LLM (Large Language Model) providers. 32 00:01:41.190 --> 00:01:42.840 The market is rapidly evolving, 33 00:01:42.840 --> 00:01:44.370 so it is important to be careful 34 00:01:44.370 --> 00:01:47.643 about where you place your commitments and your bets. 35 00:01:48.480 --> 00:01:51.000 Look across the entire spectrum of options, 36 00:01:51.000 --> 00:01:53.640 while carefully assessing cost, 37 00:01:53.640 --> 00:01:56.340 talent requirements, data privacy concerns, 38 00:01:56.340 --> 00:01:58.470 and partnership options, 39 00:01:58.470 --> 00:02:00.300 varying what you do in-house 40 00:02:00.300 --> 00:02:02.853 versus outsource to these providers.