Navigating the Impact of AI Technology on Industries and Cost Management

This episode is sponsored by Oracle. AI is revolutionizing industries, but needs power without breaking the bank. Enter Oracle Cloud Infrastructure (OCI): the one-stop platform for all your AI needs, with 4-8x the bandwidth of other clouds. Train AI models faster and at half the cost. Be ahead like Uber and Cohere.

If you want to do more and spend less like Uber, 8x8, and Databricks Mosaic - take a free test drive of OCI at https://oracle.com/eyeonai

Explore the journey of AI within the technology industry with Thomas Lah in episode #180 of Eye on AI.

This dialogue features Thomas Lah, Executive Director of the Technology and Services Industry Association (TSIA), as he delves into the influence of AI on technology companies and their operating models.

In this episode, Thomas offers a compelling narrative on how AI is being integrated into the fabric of technology businesses, altering the landscape of innovation and competition. Discover the intricacies of AI adoption strategies, the challenges of data management, and the evolution of business models in response to AI advancements. From Microsoft to Salesforce, uncover how leading tech giants are harnessing AI to redefine efficiency, creativity, and growth.

Dive deep into the core of TSIA's research, unveiling the pivotal role of benchmarking and operational research in navigating the AI revolution. Thomas sheds light on the actionable insights and best practices that are guiding technology companies through this era of rapid technological change.

Whether you're intrigued by the operational shifts AI is catalyzing in the tech sector, or you're keen on understanding the future directions of AI-driven business models, this episode is a treasure trove of knowledge.

Remember to give us a thumbs up on YouTube if this deep dive into the AI transformation within tech companies enriches your understanding. 

Subscribe for more insights into how AI is sculpting the technological landscapes of tomorrow.

Stay Updated:

Craig Smith Twitter: https://twitter.com/craigss

Eye on A.I. Twitter: https://twitter.com/EyeOn_AI

(00:00) Preview and Introduction  (01:19) AI’s Impact on Tech Companies' Internal Processes (04:22) Thomas Lah’s Background and Contributions to Tech Services (07:49) Future Trends: AI Agents and Physical World Actions (10:12) Real-World AI Use Cases and ROI in Tech Companies (13:44) The Rapid Maturation of AI Tools and Its Impact (16:48) The Right Timing for AI Adoption and Investment (20:09) AI Advantaged vs. Severely Lagged Tech Companies (25:31) Addressing the Consumption Gap with AI in Education (32:17) AI in Operations (38:35) The Evolution of AI Agents and Co-Pilots in Tech Services (45:12) Centralizing and Rationalizing Data for AI Readiness (48:31) Cultural and Technical Shifts Required for AI Integration (51:06) AI's Impact on Business Models and Headcount Reductions