GenAI is about to democratize the power of technology, especially in organizations.
GenAI impacts everybody and it's going to have a profound impact
on the knowledge economy as we know it.
We're going to see fundamental redesigns of the work
that people are asked to do, and that will come through reimagining
activities, functions and operating models at every level.
In addition to new roles such as LLM data engineers or A.I.
ethics officers, the broad spectrum of skills that everyone is going to need
will be fundamentally enhanced: everything from much better business judgment
and acumen to much greater understanding of technology more broadly.
It's also going to mean greater awareness of things like responsible
AI and bias in the context of technology tools.
The change starts at the top.
Many C-suite executives will need to acquire
foundational skillsets in GenAI to lead in this new world.
So look to expand the possibilities, because GenAI is democratized
- everybody will be getting increased productivity.
To gain competitive advantage, you need to invest in proprietary data,
proprietary systems, and ways of working that unlock
unique positioning and create value in your sector.
Everybody is worried about implicit bias in data sources.
The reality is by reimagining the workflow, you can get ahead of bias
by putting in place checks, nudges, questions
that people have to ask, data that they have to assemble.
You can be on the forefront of confronting bias rather
than simply responding to concerns about it.
So, get ready for this wave of change.
A foundational understanding of Gen AI among your key leaders is vital.
So If you don't have that, it's going to be really hard for them
to make good decisions.
Then, think from an industry and sector perspective about the biggest value pools
that can be unlocked by the application of Gen AI.
Where can you reimagine your organization to differentiate yourself
relative to your competitors? That is the key question.