How To Be Moderately Successful. EP36 AI - Getting real ROI in your business.
In this podcast episode, Mike and Gaurav Devshamar discuss the practical applications of AI in business, addressing common misconceptions, data privacy concerns, and the accessibility of AI for small and medium-sized businesses (SMBs). They explore how AI empowers generalists, automates tasks, and aids in knowledge retention, ultimately transforming business operations. The conversation emphasizes the importance of adapting to rapid changes in technology and encourages business leaders to start integrating AI into their strategies.
takeaways
- AI is a hot topic and is rapidly evolving.
- Many businesses fear data privacy when considering AI.
- AI solutions are accessible for small and medium-sized businesses.
- AI can empower generalists to perform better in their roles.
- Automation of tedious tasks can save time and resources.
- Knowledge retention is crucial for business continuity.
- AI can help reduce key person dependency in organizations.
- Onboarding processes can be streamlined with AI tools.
- Businesses need to prepare for the rapid changes AI brings.
- Starting with AI can provide a competitive advantage.
titles
- Unlocking AI for Business Success
- Demystifying AI: Practical Insights for SMBs
- AI Misconceptions: What Every Business Owner Should Know
- Empowering Your Team with AI Solutions
Chapters
00:00
Introduction to AI in Business
03:13
Misconceptions About AI
06:10
Addressing Data Privacy Concerns
09:09
AI Accessibility for SMBs
12:14
Empowering Generalists with AI
14:57
Practical AI Applications for Businesses
18:02
Knowledge Retention and AI
20:52
Transforming Key Person Dependency
24:09
AI in Onboarding and Training
26:59
The Future of AI in Business
29:47
Conclusion and Call to Action
Get in touch with Gaurav on gaurav@warpdevelopment.com
Follow him on: https://www.linkedin.com/in/gauravdevsarmah-763299169/
Find out more about working with me. mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/