By Jim Freeman
Generative AI is a topic of interest everywhere today–from homes, and educational institutions to offices and executive boardrooms. Generative AI, of course, refers to algorithms that can be used to create new content, including audio, code, images, text, simulations and videos based on the data they have been trained on.
Its applications are being tested and adopted across various industries, from healthcare to finance to retail. However, as with any groundbreaking technology, the response to generative AI has understandably been mixed.
While there’s enthusiasm for its potential benefits like improving human efficiencies and creating personalized experiences, the C-suite is also exercising caution as they consider its implications on safety, ethics and trust. Before diving in, business leaders must understand the potential impacts of generative AI on productivity and the future workforce.
In my own conversations with CIOs, a theme is clearly emerging–there is a gap between their Gen AI ambitions and their readiness for it. Here are a few things to help a business leader build their strategic roadmap for responsible, scalable generative AI adoption.