The Enduring Power of Traditional AI: A Strategic Perspective

While generative AI has captured headlines recently, traditional AI is poised to have an even greater impact on business and society. This insight challenges the current hype around generative AI technologies.

As Glenn Gow shared with Jan Robertson on The Strategic CFO:

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Traditional AI excels at critical business functions like data analysis, pattern recognition, and predictive modeling. Its established use cases, reliability, and transparency make it indispensable across industries. From fraud detection in finance to quality control in manufacturing, traditional AI delivers consistent, explainable results.

In contrast, generative AI shines in creative applications and adaptability. However, its variability and resource intensity can be drawbacks for many business-critical tasks.

The most effective AI strategies will likely combine both approaches, leveraging the strengths of traditional and generative AI. As we navigate the AI revolution, it's crucial to recognize the enduring importance of traditional AI methods alongside emerging technologies.

Want to dive deeper into AI's impact on business? Listen to The Strategic CFO podcast featuring our guest Glenn Gow. As an AI thought leader and former CEO, Glenn offers valuable insights on how executives can leverage AI for financial forecasting, automation, and more. Tune in to gain practical knowledge on integrating AI into your strategic planning.

Listen now: https://go.feisv.org/scfo-ggart2-li