AI Knowhow

Breaking Down the State of Generative AI in 2024

Feb 26, 2024

AI developers are using copilots to code faster. Multimodal AI will be common soon. AI companionship is rising to combat loneliness. Business leaders need to adapt to these trends. Tech.US CEO discusses AI in business transformation. The podcast explores AI fraud, societal impact, and innovative healthcare applications.

31:48

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Quick takeaways

Developers can write code significantly faster with AI co-pilots, increasing efficiency by up to 56%.

AI's transformative impact on business operations is evident in various industries, driving operational efficiency and revenue growth.

Deep dives

AI Co-Pilot Boosts Developer Productivity

Developers can now write code significantly faster by leveraging AI co-pilots, cutting down development time by up to 56%. By automating certain coding tasks and providing valuable suggestions, AI co-pilots are revolutionizing the software development process, leading to increased efficiency for developers and businesses.

Introduction

2min

Navigating the Complexities of Technology-Enabled Fraud

2min

Exploring AI Applications and Evolution in Business

15min

Exploring the Societal Impact of Advanced Technologies on Human Relationships

2min

Embracing AI for Business Transformation

8min

Innovative Applications of AI in Healthcare and Construction Material Recycling Industry

3min

Developers using an AI copilot can now write code more than two times faster those who don't use AI assistance. Multimodal AI will soon become so commonplace that it essentially becomes table stakes. And there's a rapidly growing wave of AI companionship among younger generations as statistics show we're in the midst of a loneliness epidemic in the US.

How should business leaders look at these trends and the many more that are covered in CB Insights' exhaustive report on 2024 generative AI predictions?

Courtney Baker, David DeWolf, and Mohan Rao dive into this meaty, 112-page report and help listeners make sense of some of the stats and trends it covers.

Chief Strategy Officer Pete Buer also talks with Praveen Narra, CEO of Tech.US, about how his organization is using AI to help companies completely reinvent their business models—and how you can do the same.

All of that PLUS Courtney and Pete review the week in AI and Business news.

Watch this episode on YouTube: https://youtu.be/KUwW2BGPFk0

Read our new whitepaper: Unlocking the Power of AI: A Guide to Assessing Readiness for Business Transformation Sign up for the Knownwell Client Intelligence beta waitlist at https://knownwell.com/client-intelligence/ AI Knowhow is brought to you by the team at Knownwell.