Digital transformation mind candy 5 April 2024

With AI, technology abstraction and citizen development at enterprise level, digital transformation will never be the same. Particularly deciding where you will apply AI in your business model is an almost immediate consideration.

AgilePoint

Hence, a separate mind candy focussed on digital transformation with the compliments of AgilePoint. AgilePoint has been innovating in this space for 20 years. They have approached digital transformation from a fundamentally different perspective, with a focus on meta-abstraction, complexity reduction, and codeless future-ready architecture. This allows large enterprises to apply AI and digital twinning and achieve maximum adaptability (with no technical debt).

Today's topics

Today’s topics are blockchain, DAO, M&A, no-code VR, data strategy, AI, every US federal agency must hire a chief AI officer, cognitive digital twins, boring data and the end of prompt engineering.

• A scalable blockchain based framework for efficient IoT data management using lightweight consensus

https://www.nature.com/articles/s41598-024-58578-7

The inherent scalability issues of blockchain technology become apparent in the presence of a vast number of IoT devices and the substantial data generated by these networks.

• How AI-Led DAOs Will Cause an “Institutional Revolution”

https://www.financialsense.com/blog/20865/how-ai-led-daos-will-cause-institutional-revolution

As AI continues to advance, DAOs will evolve in kind, incorporating greater levels of autonomy into their organizational structure.

• Leverage AI and digital transformation to address people risks in M&A?

https://www.mercer.com/insights/people-strategy/mergers-and-acquisitions/leverage-ai-and-digital-transformation-to-address-people-risks-in-m-a/

What does AI have to do with M&A? More than you might think.

• First VR developer integrates with OpenAI, setting stage for no-code VR development

https://cointelegraph.com/news/vr-developer-openai-no-code-vr-development

Victoria VR’s new AI builder platform enables users to create virtual reality experiences and entire metaverses without any programming skills.

• How To Build An Effective Data Strategy

https://www.forbes.com/sites/forbestechcouncil/2024/04/03/how-to-build-an-effective-data-strategy/?

In an era where data is the new currency, establishing the right data foundation and strategy is not just a technological upgrade but a business imperative.

• What is generative AI?

https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-generative-ai?

McKinsey research indicates that gen AI applications stand to add up to $4.4 trillion?to the global economy—annually.

• Every US federal agency must hire a chief AI officer

https://www.theverge.com/2024/3/28/24114105/federal-agencies-ai-responsible-guidance-omb-caio

New guidance from the Office of Management and Budget also requires a yearly inventory of all AI systems used by federal agencies.

• Cognitive Digital Twins are a Leap Forward

https://www.clouddatainsights.com/cognitive-digital-twins-are-a-leap-forward/?

But as technology evolves, so does our capacity to imbue digital replicas with a previously unimaginable layer of intelligence

• Rethinking ‘Boring’ Business Data in the Age of AI and Data Privacy

https://www.rtinsights.com/rethinking-boring-business-data-in-the-age-of-ai-and-data-privacy/?

“Boring data” is the future of business

• Is prompt engineering’s party over?

https://www.ciodive.com/news/prompt-engineering-AI-LLM-VMware-research/712190/?

The novel position could be on the chopping block before ever truly gaining enterprise traction