We’re in the Ridiculous Phase of AI

?? Imagine this scene: a large stadium filled with screaming fans. Loud, pumping music and bright flashing lights warm up the crowd of tens of thousands.?

???♀? Is this a Taylor Swift concert? No, it’s the NVIDIA GTC 2024 event earlier this week. And the super star headlining the show? None other than the AI poster boy of the moment Nvidia CEO Jensen Huang .

We’re now in the way-past-rational phase of AI and into the land of super stars, super hyped technology and companies, and a super gold rush mentality by users, investors, companies, and customers.?

And we know what happens next, because it’s happened every single time before with AI. The sugar crash that comes after the sugar rush.?

AI… Err, we mean Generative AI is Here.

Companies are slapping AI capabilities onto their products like there’s no tomorrow. But actually, that’s not exactly what’s happening. It’s not that companies are finally adopting and implementing all Seven Patterns of AI in their products. Rather, we’re now in the phase of AI where all AI is Generative AI.

We recently got on a call with a company that asked us which pattern of AI was Generative AI. For those of you in the know, the Patterns of AI talk about how AI is being applied, not the technology we use to apply it. So the proper response to that question is, “well, what are you doing with your Generative AI?” When we asked that question we just got a blank stare. This means that people are not thinking about what they are doing with the technology, but rather just doing it for doing its sake.

?? That’s no way to run and manage an AI project successfully. But here we are.

The answer to the question on what pattern of AI Generative AI solutions fall under, of course, depends on the application. Are you using Generative AI in a chatbot or to generate text outputs meant for human consumption? That’s the Conversational Pattern. Are you using Generative AI to spot patterns in text and provide some analysis of text or images? That’s the Pattern & Anomalies pattern. Are you using Generative AI to steer your autonomous vehicle? Well, you shouldn’t be doing that at all. That's the wrong solution to the problem, so just stop that right now.

What Happens when the Silly Cycle Ends?

The silly cycle that we’re riding on with AI, this ridiculous phase, will end. As it must. The overpromising and underdelivering of AI is exactly what has caused the previous two AI Winters , and if left unchecked, will lead to another.?

AI is just a tool that we can use to improve and augment all our capabilities across the Seven Patterns of AI. Generative AI is only one particular implementation of AI capabilities that apply to a limited set of applications. Realizing the best way to apply the right technology to the right problem at the right time with the right scope and iterating to success is the best way to be successful with AI. This is the key behind the CPMAI methodology .

We don’t need stadiums full of flashing lights and CEO-lebrities hyping the audience to be successful with AI. Chasing the glamor and glitz will most likely lead to failure as we’ve seen a few times before.?

In Case you Missed it… Insights from Cognilytica Podcasts amp; Content

• ?? {Featured Article} The Layers of Trustworthy AI. We’ve put together a substantial “pillar” article that outlines everything you need to know about the Layers of Trustworthy AI. Read and share with your colleagues! [Read here ]
• ?? {Featured Podcast} Who is on the AI Team? It used to be that the AI team was mostly data scientists, machine learning engineers, data engineers, and other hard-to-find, highly skilled resources. But things have changed. Who is now on the AI Team? [Listen here ]
• ?? {Featured Podcast} Trustworthy Education Topic: Explainable AI Concepts. The Explainable AI Layer of the Cognilytica Trustworthy AI Framework addresses the technical methods that go into understanding system behavior and make black boxes less so. [Listen here ]

The Most Important AI Stories from the Past Week You Should Know:

• ??? {Autonomous Pattern} - Waymo's robotaxi service set to expand into Los Angeles- Google spinoff Waymo is expanding to LA, recently deploying? around 50 autonomous taxis on the streets of LA. Already operating in Phoenix and San Francisco this is the latest expansion for the company. Is it only a matter of time before robotaxis are everywhere? [Read More ]
• ?? {AI in Finance} - Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI - The Bank recently appointed Jeff McMillan as their first official head of AI to help guide its implementation of AI across the firm. You know our feelings on Chief AI Officers- why??! [Read More ]
• ??{AI Adoption} - Machine learning can accurately predict death nearly 80% of the time, a new study found - A new study from Denmark says it's possible to predict someone's time of death accurately with Machine Learning. Deeping deeper, this could also revolutionize hyperpersonalized healthcare by helping to identify people at high risk for certain health issues and provide? early interventions.? [Read More ]
• ?? {AI Adoption} Reddit faces FTC probe over AI data practices ahead of IPO - Social media giant Reddit is being investigated by the FTC over its data licensing practices for AI training. Reddit mentioned in the filing that it is not surprised by the FTC’s interest in this area due to the unique nature of the technologies and business agreements. How will this impact their IPO? [Read More ]
• ?? {Trustworthy AI} - YouTube lays out new rules for 'realistic' AI-generated videos - It’s hard to believe anything you see, hear, or read more. With the goal to provide more transparency YouTube is now requiring anyone uploading a realistic-looking video that "is made with altered or synthetic media, including generative AI" to label it as such. Labels won't be necessary for clearly unrealistic content. So, what’s the penalty for creators who decide not to label their content? [Read More ]
• ?? {Trustworthy AI} - Midjourney bets it can beat the copyright police - AI is moving fast these days. Blink and you might miss something, such as an updated terms of service from Midjourney. Some vendors such as Midjourney argue that the doctrine of fair use, which permits the utilization of copyrighted materials for creating derivative works provided they are transformative, provides them legal protection for model training purposes. Time will tell which side wins this battle. [Read More ]
• ?? {Open Source AI} - Elon Musk open sources Grok - In the ongoing battles for AI foundation model dominance, open source remains the best choice … but trust no one. [Read more ]

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?? Events and Opportunities to Hear from Cognilytica

• THIS WEEK March 20, 2024: PMI Metropolitan St. Louis Chapter: “Running Successful AI Projects and Avoiding Failure”: Virtual/Online session, 6:30pm-8pm CT. Participants will receive 1 PDU for this session. - ?[Register here ]
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• April 8, 2024: PMI Southern New England: “Building Trust in AI” and “How to Run Successful AI Projects and Avoid Failure” - Sessions during SNEC-PMI's 16th Annual Conference in person in Hartford, CT. [Register here ]
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• April 29, 2024: PMI Saudi Arabia Chapter: “How to Run Successful AI Projects and Avoid Failure”, Virtual / Online session -? 7PM-8PM Saudi Time (10AM-11AM Eastern Time) [Registration opening soon]
• May 2, 2024: PMI Austin, TX Chapter: “The Future is Now:? Essential AI Skills Every Project Manager Must Have”, Professional Development Day 2024, In-person presentation, 7:30am - 16:00pm CT ?[Register here ]
• May 7, 2024: PMI Delaware Valley Chapter: “How to Run Successful AI Projects and Avoid Failure”, Virtual / Online session -? 6:30PM-8PM Eastern Time [Registration opening soon]
• May 8, 2024: PMI Southwest Ohio Chapter: “How to Run Successful AI Projects and Avoid Failure”, Virtual / Online session, 6:30-7:30pm Eastern Time [Register here ]
• May 21, 2024: PMI New Jersey Chapter: “What you need to know, today, to successfully run and manage AI projects”, Virtual / Online session -? 6:30PM-8PM Eastern Time [Registration opening soon]
• July 10, 2024: PMI Madrid, Spain Chapter: “Best Practice Methods for Successful AI Projects”, Virtual / Online session - 7:00 - 8:00 PM Spanish time? [Registration opening soon]
• July 10th, 2024: PMI San Francisco Chapter: “Successful approaches to running AI Projects - Avoiding the Top Reasons why AI Projects Fail”, Virtual / Online session -? 6-7:30 pm PST [Registration opening soon]
• July 17, 2024: PMI Northern Alberta Chapter: “The hidden secret of AI success: a PM approach” Virtual / Online session? 6-8pm MT [Registration opening soon]

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