Stay Ahead of AI’s Magic
Sherry Budziak
CEO | Keynote Speaker ?? | Author & Podcaster: Association 4.0 | Coach | Digital Leader | Facilitator | Strategist | Innovator | AI / Tech Enthusiast | Serial Entrepreneur | Fractional Leader | Powerhouse Connector
AI has that magic quality that tempts us to imagine powers even greater than its already impressive abilities. Like the whale that becomes Moby Dick or an ape that prompts sightings of the Yeti. The leap from reality to make-believe is easy. And the difference between truth and speculation can be difficult to see.?
I was going to call this post “AI fact or fiction.” Then, I began researching common myths. I realized that while many of these ideas are currently in the realm of fantasy, the future is so uncertain that we can’t say they will permanently reside there.?
Here is my disclaimer. Most of these concepts are up for grabs. They represent gray areas which may not be true today, but their tomorrow is an unwritten story.
Artificial intelligence is similar to human intelligence.
AI in its current iteration, is not like human intelligence. There are many definitions of intelligence. Wikipedia offers this one: Intelligence has been defined as the capacity for?abstraction, logic, understanding, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, critical thinking, and problem-solving .
While AI does involve logic and problem-solving, it does not think. It calculates. AI processes information and makes decisions using algorithms and data. Here are some major distinctions between human thought and artificial intelligence courtesy of Bard, ChatGPT, and Bing.
Using AI will automatically improve productivity and innovation.
Saving staffers from mind-numbing repetitive tasks and opening time to innovate are some of the best reasons to prioritize understanding AI. However, as I caution with all tech tools, the hammer and nails are only as good as the carpenter. Or perhaps more to the point, don’t give anyone a chainsaw unless you’re sure they know how to use it. Be forewarned, what happens in the BOTs stays in the BOTs forever!
Yes, encourage your staff to experiment with AI. But don’t take chances with your data. Set clear goals and expectations for what you want to achieve. Make appropriate training available.?
Offering employees who show interest an introductory class in AI fundamentals will provide a solid foundation for discovery. There are many online educational opportunities. Here’s a sample of the options on Coursera.?
The cost of online training from providers like Coursera, Udemy, Udacity, and edX, ranges from approximately $10 to about $500 per course. It seems like a wise investment to ensure that enthusiasm doesn’t lead to costly errors or missteps.?
AI is a single technology.
AI represents a growing constellation of technologies from self-driving cars to medical diagnostics. These are the major players across broad categories of applications.?
Machine learning allows systems to learn from data without being explicitly programmed. ML algorithms identify patterns and make predictions based on historical data. Spam filtering, fraud detection, and recommendation systems are examples.
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?Deep learning uses artificial neural networks to learn from data. ANNs are inspired by the structure and function of the human brain. DL applications have revolutionized areas such as image recognition and natural language processing.
Natural language processing is concerned with the interaction between computers and human language. NLP techniques can be used to understand and generate text, translate, and perform other language-related tasks. The bots, ChatGPT, Bard, and Bing are examples of this technology.
Computer vision is the ability of computers to interpret and understand visual information. CV techniques identify objects and scenes in images and videos, track objects over time, and perform tasks that involve visual perception. Facial recognition, self-driving cars, and medical image analysis use this technology.
Robotics is the field of engineering that deals with the design, construction, operation, and application of robots. Manufacturing, healthcare, and logistics are a few of the industries currently using robotics. New uses are constantly being invented for our electronic doppelgangers.?
It may be some time before association professionals include all these platforms in business activities. But your members are probably already seeing the introduction of these technologies in their work. That makes understanding current and emerging trends critical. You can’t provide relevant products and services to your audience without a deep knowledge of what they need.
When digital transformation was a novelty, some CEOs viewed the inner workings of technology as outside the scope of their leadership. This disconnect is no longer an option. In rapidly changing markets, knowledge gives you the edge. To keep pace, it’s imperative to understand business beyond the boundaries of your responsibility and your industry.
AI can reason and support decision-making.
Currently, natural language processors provide results based on their training and rules. They are unable to apply nuances of situation and context to the output or adapt to novel situations. So, you shouldn’t ask ChatGPT whether to quit your job or if you should get a puppy—right??
Actually, when I asked the bot whether getting a dog would be a good idea, I received a response urging me to consider a long list of variables such as time, available space, whether I like to walk, and if I have allergies. Even though Chat’s decision-making is governed by algorithms, its data set is large enough to provide advice on a myriad of topics. On the other hand, you probably will not want to entrust AI with issues that demand judgment tempered by human experience. Such as choices that require--
Those a just a few areas where AI is not up to speed. But don’t discount it as a problem-solver. Data crunching is one of its greatest strengths. I advise all my clients to invest in state-of-the-art analytic platforms and use them throughout their organizations to aid in developing strategy and exploring challenges.
Once upon a time, the smartphone seemed like science fiction. Now, it’s part of getting dressed. Today’s magic becomes tomorrow’s ordinary. In the case of AI, the magic seems to be growing almost faster than our imaginations can absorb. That makes understanding the current facts mandatory for any leader who wants to harness AI’s power for future success.
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Silicon Valley VCs-Trillion $ Wall Street Hedge Funds-Pentagon Joint Chiefs-Boards-CEOs Leader: MIT-Princeton AI-Quantum Finance Faculty-SME: R&D Impact among AI-Quant Finance Nobel Laureates: NSF-UN HQ Advisor
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