In-Basin Observations
EP29 Generative AI Podcast (Live from THRIVE)
Mar 24, 2024
Panel of AI experts from Quantum, AWS, and Enverus discuss generative AI applications in energy sector at THRIVE conference. Topics include AI in data analysis, investment decision-making, workforce upskilling, concerns around cybersecurity and regulation, and transformative potential of AI in enhancing business operations within the industry.
40:46
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Quick takeaways
- Generative AI enhances personal productivity and decision-making in the energy sector.
- Data quality, privacy, and upskilling are crucial for successful AI implementation in organizations.
Deep dives
Introduction to Gen AI
Artificial intelligence, specifically Generative AI (Gen AI), is a vital part of computer science, targeting human-like intelligence for problem-solving. An example provided is Netflix's recommendation system based on AI, influencing viewer choices using data points like viewing habits. Contrastingly, Generative AI creates new content by consuming information, such as in the oil industry where it generates efficient daily drilling reports or carries out specific energy-related queries, offering substantial value beyond consumer applications.
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