The AI in Business Podcast Large Language Models and the Future of Cognitive Work - with Asif Hasan of Quantiphi
24 snips
Jun 21, 2023 AI Snips
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Generative AI's Impact on Cognitive Work
- Generative AI reduces cognitive task costs, impacting productivity.
- This shift enables task-level disruptions, improving existing processes, and system-level disruptions, transforming entire business models.
Task vs. System Disruption
- Mobile phones replacing GPS devices illustrates task-level disruption.
- Uber's disruption of the transportation industry exemplifies system-level disruption.
Identifying Generative AI Use Cases
- Identify areas where AI nears human performance, tasks are repetitive and expensive, and tasks can be documented.
- Explore automating horizontal business processes, like customer service, and reimagine expensive value chain steps.