EP 196: The Silent AI Productivity Killer - Why companies can't fully leverage AI
Jan 30, 2024
Many companies struggle to fully leverage AI due to a lack of proper training and education. This silent productivity killer inhibits growth and innovation. The conversation highlights how modern technology evolves quickly, leaving organizations behind if they don't adapt. It’s revealed that while 77% are integrating AI, a mere 4% have implemented it effectively. Small businesses might have an edge in using generative AI, but the overall need for robust guidelines and training is emphasized to maximize AI's potential.
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insights INSIGHT
AI vs. Internet Adoption
Generative AI's rapid advancement requires faster adaptation than the internet did.
Companies must prioritize AI training to avoid being left behind, as the technology is evolving too quickly for a slow adaptation.
volunteer_activism ADVICE
Beware of Fake AI Gurus
Stop relying on inexperienced social media "experts" for AI training.
Focus on legitimate sources and prioritize genuine understanding over copy-and-paste prompts.
question_answer ANECDOTE
Lack of Training at Top
Jordan Wilson has spoken with employees at trillion-dollar AI companies who lack proper training.
Large consulting firms have even sought his guidance on AI implementation for themselves and their clients.
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There's one specific reason why so many companies aren't fully leveraging AI. It's a lot easier to solve than you think. We're talking about the silent AI productivity killer and how companies can take full advantage of AI.
Timestamps: 02:00 Daily AI news 08:15 Modern technology moves too fast for training. 12:05 Use internet like you use generative AI. 13:40 Adapt to AI or face consequences, company. 17:00 73% concerned about insufficient organization training. 23:09 Big companies failing to implement proper training. 28:49 CRMs improved business, generative AI offers equality. 31:25 Tier 1: Big tech, huge AI companies. Tier 2: First adopters, large consulting companies. 34:15 Small businesses have advantage leveraging generative AI. 37:50 Lack of AI guidelines in most companies. 42:20 Tech companies must train employees on data privacy. 45:05 77% integrating AI, only 4% fully implemented. 49:00 Departments lacking measurement mechanisms, AI implementation low.
Topics Covered in This Episode: 1. The obstacle in leveraging AI 2. Issues with AI education and training 3. Need for generative AI adoption 4. Leadership's role in AI education and implementation
Keywords: Generative AI, AI training, AI education, AI technology, AI news, Yelp's AI, OpenAI, Meta, IBM, Microsoft, Google, Amazon, NVIDIA, AI documentation, AI misinformation, AI industry, AI giants, AI implementation, Deloitte AI statistics, AI Summit New York, business tiers, consulting firms, small and medium businesses, AI leadership, responsible AI use, data privacy, large language models, AI newsletter.