WEBVTT 1 00:00:00.000 --> 00:00:03.240 Innovation with GenAI falls into two categories. 2 00:00:03.240 --> 00:00:07.800 Productivity use cases reap the immediate benefits of adding off-the-shelf 3 00:00:07.800 --> 00:00:12.760 GenAI apps to existing tasks to make work more efficient. 4 00:00:19.320 --> 00:00:22.720 Real innovation requires more creativity, 5 00:00:22.720 --> 00:00:26.600 tapping into a company's proprietary knowledge to invent 6 00:00:26.600 --> 00:00:30.920 new products, new services, new customer journeys. 7 00:00:30.920 --> 00:00:33.520 The talent disruption will be enormous, 8 00:00:33.520 --> 00:00:36.440 with a host of new roles arising. 9 00:00:36.440 --> 00:00:38.760 Employees will need new skills. 10 00:00:38.760 --> 00:00:41.680 Companies will also need quality controls 11 00:00:41.680 --> 00:00:45.960 that can review and validate GenAI insights. 12 00:00:45.960 --> 00:00:50.560 In both cases, the key difference between conventional AI and GenAI 13 00:00:50.560 --> 00:00:55.960 is that your people don't need the skills of a data scientist or a software engineer. 14 00:00:55.960 --> 00:00:59.560 In a sense, English is the new programming language 15 00:00:59.560 --> 00:01:04.720 that democratizes innovations from within, across your organization. 16 00:01:04.720 --> 00:01:09.440 We've already seen impactful results across a range of industries. 17 00:01:09.440 --> 00:01:10.920 In drug development, 18 00:01:10.920 --> 00:01:15.160 where typical years of trials are now sometimes reduced to days. 19 00:01:15.160 --> 00:01:16.720 In modeling proteins, 20 00:01:16.720 --> 00:01:22.080 where research is accelerating across nearly every field of biology. 21 00:01:22.080 --> 00:01:26.160 In semiconductor design, where every micron of space matters, 22 00:01:26.160 --> 00:01:29.640 and new efficiencies mean leaps in performance. 23 00:01:29.640 --> 00:01:32.800 In the legal field, where the discovery process 24 00:01:32.800 --> 00:01:34.640 is being revolutionized. 25 00:01:34.640 --> 00:01:35.880 In vehicle making, 26 00:01:35.880 --> 00:01:40.000 where parts can be fabricated 20 percent stronger for 40 percent less. 27 00:01:40.000 --> 00:01:44.400 It's two things that lead to this fundamental transformation. 28 00:01:44.400 --> 00:01:47.360 One is the notion of infinite memory, 29 00:01:47.360 --> 00:01:49.560 this entity that knows everything 30 00:01:49.560 --> 00:01:53.160 that humanity has ever developed at your beck and call. 31 00:01:53.160 --> 00:01:57.840 The second is the capacity to reason against the store of knowledge. 32 00:01:57.840 --> 00:02:01.680 Taken together, GenAI has this endless capacity 33 00:02:01.680 --> 00:02:05.720 to analyze, to synthesize, and therefore deduce. 34 00:02:05.720 --> 00:02:06.880 That's the magic.