A framework for selecting an AI use case
Kashif Manzoor
Enabling Customers for a Successful AI Adoption | AI Tech Evangelist | AI Solutions Architect
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Today at a Glance:
How to find and prioritize an AI use case in your organization.
One of the fundamental questions discussed in several conversations with colleagues and friends in the AI ecosystem is how to select AI and Gen AI use cases to headstart organizational efforts. With the current wave of AI globally and regionally, there is a mindset that I should not be left behind; therefore, I need to hunt some use cases that I can bring to my organization. This is vital, and the benefits that AI is bringing to businesses and on a personal level are beyond the hype. Today, I am discussing how we can try to make this whole process in a structured way rather than just running around to do something with AI.
Over the last few weeks, we have started the journey of how AI will be used in an organization. I believe this was based on the thought that you have been assigned to lead or contribute to the efforts. Embedding AI and generative AI in an organization correctly is vital for success.?
Let's go ahead and explore leading AI efforts within your organization.
First Step:
Build a 90-day plan for your AI initiative.?This will help you put all your efforts behind this without going on an ad hoc basis to look at a few use cases and that's it. The formal plan will help you ride the wave of bringing AI into your organization more successfully and beneficially for your organization's business objectives.
So, you will execute the 90-day plan for the organization to introduce the first AI pilot project with tangible benefits aligned with solving business problems or bringing innovations to the business.
An earlier article,?"Chief AI Officer’s Playbook: Executing the First 90 Days," provides a more in-depth coverage of this area.
Second Step:
Start building the AI strategy,?which is primarily for your organization and will bring value rather than just following the crowd or market hype. I know the strategy is sometimes considered bookish, and people argue that let's get practical and go for the use case. However, running behind only the use case will not give you the exceptional benefits that AI and Gen AI bring to the business.
Therefore, treat this step as important as implementing an AI use case in your organization.
This topic is covered in detail in the earlier.?"Lost in AI use cases, don't forget to put your AI Strategy first and align it with business."
Third Step:
To identify quick wins to execute?in alignment with the 90-day plan and ensure your strategy is in place, which AI early projects can you take up to showcase the benefits to the business? This will give you a head start on preparing for the rest of your AI strategy implementation in the organization.
It is essential to select a use case that is aligned with the business objective and contributes to factors such as revenue, user experience, operations, process, and cost.
Below is the table to summarize the example use case of?AI-powered fraud detection?covering the above areas.
By following the above three steps, you have put the AI initiative in motion at your organization and positioned it to play an integral role in achieving the business objectives. This can also be enhanced, so please share your comments and feedback.?
Let's lay the groundwork, and we can all benefit from it as the AI community.
Weekly News & Updates...
Last week's AI breakthroughs marked another leap forward in the tech revolution.
The Cloud:?the backbone?of the?AI revolution
Gen AI?Use Case of the Week:
Generative AI use cases in the HealthCare industry:
Enhancing Customer Service in Healthcare with Large Language Models
Business Challenges:?
High Volume of Inquiries: Handling many customer questions about claims, insurance coverage, and plan details.?
Inconsistent Information: Ensuring that customers receive accurate and consistent information across various channels?
Resource Intensive: Requiring significant human resources to manage customer service operations efficiently?
Response Time: Reducing the time taken to respond to customer inquiries to improve satisfaction.?
AI Solution Description:?
Using Large Language Models (LLMs) to automate responses to customer questions about the claims process, insurance coverage, and other plan details can streamline customer service operations.?
Here’s how it works:?
Data Ingestion: Collect and integrate data from customer inquiries, FAQs, claims databases, and insurance policy documents?
Natural Language Understanding: The LLM processes customer queries in natural language, understanding the context and extracting key details.
Automated Responses: The model generates accurate and contextually relevant responses based on the ingested data, providing customers with the information they need?
Continuous Learning: The system continuously learns from new inquiries and feedback to improve response accuracy and relevance over time?
Expected Impact/Business Outcome:?
Revenue: Lower operational costs by reducing the need for extensive human customer service teams. Improved customer satisfaction can lead to higher retention rates and reduced churn.
User Experience: Faster response times enhance customer satisfaction and trust, and providing consistent and accurate information reduces customer frustration?
Operations: Automating responses frees up human agents to handle more complex inquiries. Easily scales to handle increasing volumes of customer inquiries without additional human resources.?
领英推荐
Process: Ensures standardized responses, improving the overall quality of customer service 24/7. Provides around-the-clock customer support, enhancing accessibility and convenience?
Cost: Significant reduction in the costs associated with staffing and training customer service teams.
Required Data Sources:?
Strategic Fit and Impact Rating:?
Strategic Fit: High?
Aligns with strategic goals of improving customer service efficiency, reducing costs, and enhancing customer satisfaction?
Impact Rating: High
Significant positive impact on revenue, user experience, and operational efficiency, making it a precious investment for healthcare organizations
Favorite?Tip Of The Week:
Here's my favorite resource of the week.
Potential of AI
Things to Know
Anthropic has released details of how they introduced 'Policy Vulnerability Testing' to counter Elections-related Risks.
How will models respond to questions related to elections? Here are 4 steps process:
It covers 3 stages:
Planning: Collaboratively select policy areas and potential misuse applications to test. Elections-related PVT could include election administration, political parity, targeting voters, or creating disinformation.
Testing: Experts create and test prompts on models, starting with non-adversarial questions and progressing to adversarial attempts. Partners document model outputs and compare them against policies, including industry benchmarking.
Reviewing Results: After each testing round, meet with partners to discuss findings, identify policy gaps, and prioritize mitigation areas. Collaborative sessions ensure actionable test results.
The Opportunity...
Podcast:?
Apple?|?Spotify?|?Google Podcast?|?Youtube
Courses to attend:
Events:
Tech and Tools...
Data Sets...
Other Technology News
Want to stay on the cutting edge?
Here's what else is happening in Information Technology you should know about:
Download 100+ Gen AI use cases
That's it!
As always, thanks for reading.
Hit reply and let me know what you found most helpful this week - I'd love to hear from you!
Until next week,?
Kashif Manzoor
The opinions expressed here are solely my conjecture based on experience, practice, and observation. They do not represent the thoughts, intentions, plans, or strategies of my current or previous employers or their clients/customers. The objective of this newsletter is to share and learn with the community.
IIM Indore -Digital Transformation|Harvard Certified Risk Mgt.|Data & AI - DPO, PGP-AIFL, AIGP| ISO42K LA/LI |Multi Cloud Architect-Platform|ISA 62443 CSF|CISSP|CCSP|CCISO|CCSE|CCAK|CCZT|CRPO| ZTCA| PMP|Togaf|SAFE
5 个月Insightful Kashif Manzoor
Digital Transformation | Sales | Territory Management | Cloud solutions | AI | Data Management | Security | Certified Solution Architect
5 个月Thanks for sharing