Automation Mag #21: Latest Trends in AI, IA, and LLM

Automation Mag #21: Latest Trends in AI, IA, and LLM

Hi Automation Enthusiast,

It's that time of the month again! In this edition, we talk about explainable AI, share a new report, a deep-dive podcast episode on IT & change management, and some hot bites on AI hiring trends.

Here’s what we have this week:

NEWS RADAR

  • MBA Students vs ChatGPT
  • Unlocking the Future of Subscription Businesses with Data and Automation
  • Meta is Bringing Up a New LLaMa

OLD (BUT) GOLD

  • The State of Intelligent Automation Report

BREAK

  • New Work Compass: Episode 3

BRAIN SNACKS

  • 10 Reality Checks Before Going Full Enterprise with Chat GPT
  • How to Get Your Org on Board with Power Platform
  • Challenges and Benefits of Explainable AI

SPOTLIGHT

  • Insights on the GenAI Hiring Spree
  • Low-Budget Automation Projects Be Like
  • Mindfulness for LLMs
  • Still Hungry for Brainsnacks?

CENTER OF FUNPETENCE

  • The Million Dollar Question

Hop right in!



MBA Students vs ChatGPT

Wharton Professor Christian Terwiesch has previously asked ChatGPT to take his MBA final exam, which it passed with flying colors. This time, pitted students against the LLM to see who can find better product ideas. Can you guess who won??

??read more ??

Unlocking the Future of Subscription Businesses with Data and Automation

If you're still operating on a 'one-size-fits-all' approach, it might be time to consider a more tailored strategy. Data insights are helping businesses adapt to market shifts and focus on customer retention, rather than just growth.

??read more ??

Meta is Bringing Up a New LLaMa

Sadly, there won't be a new petting farm on the Meta campus. In fact, they are just working on a new conversational AI model, which is intended to be as powerful as GPT-4. But by then, Open AI may already be blazing ahead with newer versions of their own.?

??read more ??


The State of Intelligent Automation Report

In a recent report by Foundry, C-level executives, business leaders, automation leaders, and practitioner were surveyed about the current and future state of IA - intelligent automation. The main themes of the report are AI, productivity, and scalability.

Among the key learnings were an increase in IA prioritization (17% YoY), a recognition of the importance of scale as reflected by the widespread adoption of citizen development (encouraged by 95%), and the belief that AI is key to successful automation (88%).


What's been happening at Bots & People?

New Work Compass: Episode 3

Last week's podcast guest was Klaus Lichtenauer : Digital Transformation expert with decades of experience working with and consulting C-level.

Klaus has heaps of knowledge about change management in international environments, having previously worked at Eon in various leadership roles in the UK, Romania, Italy, Germany, and Slovakia.

Some of the topics he and Nico Bitzer talked about are:?

??Centralized vs. decentralized approach — which is better?

??How cloud solutions affect enterprises

??The role of culture in digital transformation

??Team culture in different countries

??Why thriving companies need AI & automation.

??tune in ??



Deepen your knowledge with these delicious Brain Snacks.

"Braaaains!"??♀???

10 Reality Checks Before Going Full Enterprise with Chat GPT

An amazing wrap-up of the questions you need to ask in your company before going in at full speed, courtesy of HFS Research. Our favourite is number 6: "Your governance and explainability focus is critical'. Avoid litigation by being proactive!?

??read the list ??

How to Get Your Org on Board with Power Platform

Still relying on a single SharePoint developer? Here are some tips about how you can have strategic discussions with leadership about the benefits of Power Platform. This convo includes tips on comparing the risks and benefits of your current approach to a new setup and addressing misconceptions around budget constraints.

??watch video ??

Challenges and Benefits of Explainable AI

The need for XAI arises from the complexity and biases within AI systems, requiring justification for decisions and building trust. However, there is a trade-off between explainability and performance. Learn more about why pursuing XAI is vital to promoting responsible AI practices.

??dive right in ??


Top posts from the AI, automation, and digital transformation community

Insights on the GenAI Hiring Spree

Henley Weng, cofounder of data startup Revealera posted an insanely helpful thread about AI hiring. It includes:

  • Companies leading the hiring surge (+1 that stands out)
  • Technologies/cloud services most mentioned in these jobs
  • How much companies are paying for GenAI talent
  • Common use cases

??check it out ??

Low-Budget Automation Projects Be Like

Automation Mag old-timer Ralph Aboujaoude Diaz recognizes content gold when he sees it. Here is one of his latest viral posts, with a video by Youtube creator Joseph's Machines.

??have a laugh ???

Mindfulness for LLMs

Turns out, advice to 'take a breath' is just as effective for humans as it is for machines. Ethan Molick spotted this gem that shows just how weird AIs are -- and we're so grateful that he did.

??have a look ??

Still Hungry for Brainsnacks?

Check out our massive library of free resources on digitalization and process automation.

??Get Food for Thought ??


It's not worth living a serious life. Laugh a lot!

The Million Dollar Question

Don't drown your people in content! Nico Bitzer explains what the alternative is.


That's it for today!

Thanks for reading and please, leave some feedback??????

?See you in two weeks!??

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