The Long Game w/ Elijah Murray
Dino Scheidt: Gen AI in Enterprise, Data P&L, and Event Storming
Aug 8, 2024
Dino Scheidt, an AI engineer with a rich background working with Fortune 50s and start-ups, dives into the world of generative AI. He argues AI should be viewed as a tool, not merely a strategy. Dino discusses its potential to reinvent traditional value chains and the challenges of incorporating non-deterministic systems into business. He highlights the importance of aligning AI initiatives with specific objectives and using innovative approaches like event storming to enhance operational efficiency. Lateral thinking is key to harnessing future AI advancements.
43:08
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Quick takeaways
- Dino Scheidt critiques 'AI strategies,' arguing that generative AI should be viewed as a tool for innovation rather than a standalone strategy.
- The integration of generative AI into traditional business processes emphasizes the need for managers to adapt to non-deterministic outcomes and reevaluate performance metrics.
Deep dives
Skepticism of Generative AI
The speaker expresses skepticism about generative AI, viewing it as a niche technology that has seen an influx of attention in recent years. While acknowledging its utility, he highlights issues such as hallucinations — when the AI produces incorrect or fabricated information that can be misleading. He argues that generative AI represents a non-deterministic system that differs fundamentally from traditional deterministic models, which consistently yield the same results. This distinction reflects a broader shift in AI's capabilities and their applications, emphasizing that generative AI may be more of an evolution rather than a groundbreaking innovation.
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