Collaborating with AI startups or scale-ups to overcome technology gaps, skills deficits, and obsolescent ways of working can yield immense benefits for incumbent companies.
As GPT-4 and other new models are released, leaders need to constantly assess the implications for their business.
Prompt engineering is only the beginning—it’s time to start experimenting.
"To stay smart in a smart world is not just a question of whether deep neural networks can be made smarter, but also how we can be made smarter. Smart technology needs smart citizens."
As Generative AI democratizes adoption, new challenges loom for organizations.
The adoption of AI in the Global South is hindered by the lack of talent, infrastructure, and local AI firms. To remain competitive, incumbents must play the role of AI "national champions", and become the prime consumers of the new technology in their home markets. By initiating AI adoption, "national champions" can sow the seeds of an AI ecosystem and catalyze talent creation.
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