Key Takeaways: Generative AI
May 2023
Key takeaways from our May 2023 panel discussion on Generative AI use cases, ethical considerations such as impact on privacy, intellectual property, and authenticity of content.
Board Members should educate themselves about AI beyond what they hear in the media. to understand the true capabilities and implications of Generative AI technology.
C-Level Executives must start planning and experimenting with AI to understand its potential impact. Companies should establish guidelines and practice “controlled experimentations” with internal sandboxes to explore the use of AI.
Getting up-to-speed Generative AI can improve productivity and collaboration in the workplace by reducing mundane tasks that can be automated using foundation models. Accelerate the implementation of AI solutions by bringing in external groups.
Working with AI Focus on augmentation employee capabilities with Generative AI to improve productivity and change cost structures. Generative AI shows a significant improvement in accuracy through feedback from humans.
Employees Concerns May be reluctant to embrace AI due to fears that AI may "take their job". The reality is that's not true but someone who uses AI probably will.
If you would like to discuss the topic further, please reach out to the Lewis Manning team;
we would be happy to connect you with one of the panelists.
