Everyday AI Podcast – An AI and ChatGPT Podcast

EP 241: Want to ban AI? Be prepared to shut down.

14 snips
Apr 2, 2024
Companies banning generative AI may be sealing their own fate. The discussion emphasizes that restricting access to AI is akin to denying the internet. Embracing AI isn't just smart; it's crucial for survival in a competitive landscape. The podcast highlights the productivity boosts linked to generative AI and the risks of failing to innovate. It compares successful companies to those that fell behind, urging organizations to adapt or face obsolescence. A lively call to action encourages listeners to engage with AI for future success.
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ADVICE

Adapt or Fail

  • If your company bans generative AI, it will fail, regardless of industry or data sensitivity.
  • Embrace AI or risk becoming obsolete like Blockbuster, Blackberry, and Sears.
INSIGHT

AI and Internet Analogy

  • Banning AI is like banning the internet; both are essential tools if used responsibly.
  • If you trust employees with the internet, trust them with AI under proper guidelines.
INSIGHT

Following the Leader

  • Many companies banned ChatGPT following JPMorgan Chase's initial ban, but JPMorgan was developing their own AI models.
  • Blindly following leaders without adapting policies is dangerous; review AI strategy regularly.
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