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As leaders plan to make significant investments to harness the power of foundational models such as ChaptGPT, they need to understand the changes in organizational behaviors required for the successful implementation of such systems. The size, complexity and nature of this new wave of technologies requires a refresh in roles and responsibilities in conventional IT organizations. This handbook reveals practical and non-sense guidance on what and how to leverage generative AI to transform their business processes and organizational structures to achieve breakthroughs in efficiency, effectiveness and competitive advantage. Written in a lively, engaging and often humorous style, this collaboration by a leading corporate executive/practitioner and published academic researcher and provides practical insights and timely survival skills for leaders with anonymous but real-world experiences and case studies. What You Will Learn * Key changes in current state roles and responsibilities - as well as organizational reporting structures and associated incentives - required to successfully deploy generative AI systems * The financial, regulatory and operational risks created by organizational behavioral issues that arise when organization take on building and deploying large language models * Strategic differences in emerging vs. traditional organizational behaviors, incentives, roles and responsibilities Who This Book is For Executives and team leaders at enterprises large and small are under siege with new wave of buzzwords that the proponents of foundation models have created. This book is designed to help the layperson understand how large language foundation models such as ChatGPT are reshaping managerial roles and organizational structures, and how they can leverage this knowledge to survive and thrive in this Brave New World.
In a world where technology is rapidly evolving, the fusion of project management and artificial intelligence stands at the forefront of innovation. The AI Revolution in Project Management delves deep into the transformative power of generative AI tools that promise to reshape industries, and revolutionize how we manage projects. Whether you're looking to build dynamic teams using AI, choose a project development approach, or monitor project performance, this book has got you covered. Each chapter provides insightful narratives and includes a supplemental Technical Guide that provides tips on using the AI technology. With case studies and prompts, the dialogues showcase AI in action, from stakeholder engagement to risk management. Dive in with experts who’ve spent countless hours using these AI tools in project scenarios to offer a transparent view into generative AI-driven project management. In this book you'll learn: How to create prompts that generate meaningful and actionable insights tailored for your projects When to use AI to enhance decision-making, super-charge productivity, and elevate overall project efficiency Which generative AI models and plug-ins to use for specific project scenarios, ensuring seamless integration and maximum efficiency "AI is not just a buzzword; it’s a tool reshaping how we manage projects and engage with stakeholders." - From the Foreward by Ricardo Viana Vargas, Ph.D. Ricardo is an experienced leader in global operations, project management, business transformation, and crisis management. As founder and managing director of Macrosolutions, a consulting firm with international operations in energy, infrastructure, IT, oil, and finance, he managed more than $20 billion in international projects in the past 25 years. Update As AI products continue to evolve, information published in this book may change. Please note that as of February 2024, there is a name change for Bing Chat and Bard Chat. Microsoft Bing Chat is now Copilot: https://copilot.microsoft.com/. Google Bard is now Gemini: https://gemini.google.com/.
Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage. In The AI Advantage, Thomas Davenport offers a guide to using artificial intelligence in business. He describes what technologies are available and how companies can use them for business benefits and competitive advantage. He cuts through the hype of the AI craze—remember when it seemed plausible that IBM's Watson could cure cancer?—to explain how businesses can put artificial intelligence to work now, in the real world. His key recommendation: don't go for the “moonshot” (curing cancer, or synthesizing all investment knowledge); look for the “low-hanging fruit” to make your company more efficient. Davenport explains that the business value AI offers is solid rather than sexy or splashy. AI will improve products and processes and make decisions better informed—important but largely invisible tasks. AI technologies won't replace human workers but augment their capabilities, with smart machines to work alongside smart people. AI can automate structured and repetitive work; provide extensive analysis of data through machine learning (“analytics on steroids”), and engage with customers and employees via chatbots and intelligent agents. Companies should experiment with these technologies and develop their own expertise. Davenport describes the major AI technologies and explains how they are being used, reports on the AI work done by large commercial enterprises like Amazon and Google, and outlines strategies and steps to becoming a cognitive corporation. This book provides an invaluable guide to the real-world future of business AI. A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.
Generative AI: The Revolution That Is Transforming Business is a book that explores the transformative potential of Generative Artificial Intelligence (Generative AI) in business. This text offers a comprehensive overview of how this emerging technology is redefining the way we work and think about the future of business. Through concrete examples and case studies, the book illustrates how Generative AI is revolutionising areas such as finance, manufacturing, marketing and customer service. Although the book provides an exciting insight into the possibilities of Generative AI, it is important to note that it is an introductory overview. The book is designed for those who want to understand the basics and potential of this technology without going into technical details. It is an ideal read for managers, entrepreneurs and professionals who want to stay up-to-date on the latest trends and prepare for future challenges. In a clear and accessible style, Generative AI: The Revolution That Is Transforming Business offers valuable guidance for navigating the rapidly evolving world of Generative AI, providing practical insights and strategies for making the most of this technological revolution.
With AI being touted as the new kid on the block, the HR function in organizations is witnessing a sea change with the advent of new data-driven analytical processes. Till now HR has been about employees already working within an organization and potential entrants to it. What happens when machines and bots enter the scene? AI Revolution in HRM is all about debunking the conventional wisdom and redrawing the contours of pass management to include machines into its definition. This book discusses the benefit, challenges and applications of AI in the HR function. It also highlights issues in implementation and considers the impact of AI-based HR systems in the organization. Further, the book provides tips and insights on how to deal with the challenges and implementation issues ranging from data privacy to system bias and up-skilling of current employees. It is builds on a wide variety of cases ranging from large global organizations to startups. This book will ensure that HR professionals and general readers fully understand the concepts of AI and its relevance to the HR profession. Equipped with the knowledge of AI-based tools and systems, it will help the HR department make their organizations more vibrant and stable by embracing the developments in AI technology. AI Revolution in HRM will be an insightful and helpful read for HR professionals and AI enthusiast.
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.
Disrupt your industry, boost profitability, and grow your business with a powerful A.I. strategy.Artificial Intelligence (A.I.) is on the verge of disrupting every domain of human existence. What does that mean for your business? Everything. Building on the power of A.I. is the factor that will determine success or failure in the very near future—and this in-depth guide from the man who designed the A.I. system that famously won Jeopardy provides everything you need to be a leader in this revolution.Own the A.I. Revolution provides a future-forward look at A.I.—how it will look in the coming years, the countless business opportunities it will offer, the risks that come with it—and delivers the knowledge you need to navigate it all in real and practical ways. You’ll learn how to:•Find the right off-the-shelf A.I. solutions for your needs•Perform a cost/benefit analysis of implementing A.I. into your business strategy•Train and test A.I. before fully committing•Assemble superior teams to steer your A.I. future•Ensure you remain current and ahead of the curveYou’ll also find interviews with today’s top experts and A.I. thought leaders on the exciting ways organizations are already transforming themselves through this revolutionary technology.A.I. sounds scary to some, but the best business leaders see it as an opportunity—as a way not only to drive profits and outpace the competition, but to build value for customers and make the world a better place. It’s time to face our brave new A.I.-driven world—and make sure you Own the A.I. Revolution!
This book, "AI-Powered Productivity," aims to provide a guide to understanding, utilizing AI and generative tools in various professional settings. The primary purpose of this book is to offer readers a deep dive into the concepts, tools, and practices that define the current AI landscape. From foundational principles to advanced applications, this book is structured to cater to both beginners and professionals looking to enhance their knowledge and skills in AI. This book is divided into nine chapters, each focusing on a specific aspect of AI and its practical applications: Chapter 1 introduces the basic concepts of AI, its impact on various sectors, and key factors driving its rapid advancement, along with an overview of generative AI tools. Chapter 2 delves into large language models like ChatGPT, Google Gemini, Claude, Microsoft's Turing NLG, and Facebook's BlenderBot, exploring their integration with multimodal technologies and their effects on professional productivity. Chapter 3 offers a practical guide to mastering LLM prompting and customization, including tutorials on crafting effective prompts and advanced techniques, as well as real-world examples of AI applications. Chapter 4 examines how AI can enhance individual productivity, focusing on professional and personal benefits, ethical use, and future trends. Chapter 5 addresses data-driven decision- making, covering data analysis techniques, AI in trend identification, consumer behavior analysis, strategic planning, and product development. Chapter 6 discusses strategic and ethical considerations of AI, including AI feasibility, tool selection, multimodal workflows, and best practices for ethical AI development and deployment. Chapter 7 highlights the role of AI in transforming training and professional development, covering structured training programs, continuous learning initiatives, and fostering a culture of innovation and experimentation. Chapter 8 provides a guide to successfully implementing AI in organizations, discussing team composition, collaborative approaches, iterative development processes, and strategic alignment for AI initiatives. Finally, Chapter 9 looks ahead to the future of work, preparing readers for the AI revolution by addressing training and education, career paths, common fears, and future trends in the workforce. The primary audience for the book is professionals seeking to enhance productivity and organizations or businesses. For professionals, the book targets individuals from various industries, reflecting its aim to reach a broad audience across different professional fields. It is designed for employees at all levels, offering valuable insights to both newcomers to AI and seasoned professionals. Covering a range of topics from foundational concepts to advanced applications, the book is particularly relevant for those interested in improving efficiency, with a strong emphasis on practical applications and productivity tools to optimize work processes. For organizations and businesses, the book serves as a valuable resource for decision-makers and managers, especially with chapters on data-driven decision-making, strategic considerations, and AI implementation. HR and training professionals will find the focus on AI in training and development beneficial for talent management, while IT and technology teams will appreciate the information on AI tools and concepts.
""The AI Revolution"" is a practical guide to using new AI tools, such as ChatGPT, DALLE and Midjourney. Learn how to multiply your productivity by guiding or prompting AI in various ways. The book also introduces Microsoft Copilot, Google Bard, and Adobe Photoshop Generative Fill, among other new applications. ChatGPT reached a hundred million users in just two months after its release, faster than any other application before. This marked the advent of the generative AI era. Generative AI models generate text, images, music, videos, and even 3D models in ways previously thought impossible for machines. The book explains in an understandable manner how these AI models work. The book provides examples of how AI increases productivity, which professions are changing or disappearing, and how job markets will evolve in the coming years. With this book, you'll learn to recognize the opportunities and risks AI offers. Understand what this change demands from individuals and companies and what strategic skills are required. The book also covers legal questions caused by generative AI, like copyrights, data protection, and AI regulation. It also ponders societal impacts. AI produces content, thus influencing language, culture, and even worldviews. Therefore, it's crucial to understand by whom and how AI is trained. The AI revolution started by ChatGPT is just the beginning. This handbook is for you if you want to keep up with the rapid development of AI.