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AI poised to replace entry-level positions at large financial institutions

CIO Business Intelligence

Right now most organizations tend to be in the experimental phases of using the technology to supplement employee tasks, but that is likely to change, and quickly, experts say. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

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Generative AI’s change management challenge

CIO Business Intelligence

Despite headlines warning that artificial intelligence poses a profound risk to society , workers are curious, optimistic, and confident about the arrival of AI in the enterprise, and becoming more so with time, according to a recent survey by Boston Consulting Group (BCG). For many, their feelings are based on sound experience.

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8 pressing needs for CIOs in 2024

CIO Business Intelligence

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm.

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ChatGPT, the rise of generative AI

CIO Business Intelligence

It is simply unaware of truthfulness, as it is optimized to predict the most likely response based on the context of the current conversation, the prompt provided, and the data set it is trained on. It’s hard to achieve a deep, experiential understanding of new technology without experimentation.

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It’s a new dawn of AI-powered knowledge management

CIO Business Intelligence

According to a recently leaked Google memo, “The barrier to entry for training and experimentation has dropped from the total output of a major research organization to one person, an evening, and a beefy laptop.”

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How to create a culture of innovation

CIO Business Intelligence

Prioritize time for experimentation. One instance of how that exploration led to real business benefits was with the application of machine learning to predict optimal product formulation using a set of desired consumer benefits. Iliya Rybchin, partner, Elixirr Consulting. Elixirr Consulting.

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How Italian CIOs produce value with gen AI

CIO Business Intelligence

I’ve given colleagues the freedom to do research and experimentation together with our automation partner Mauden,” says Ciuccarelli. “We An AI-powered chatbot developed to improve the productivity of call center agents, for example, can be repurposed with additional optimizations or data to answer new employee FAQs or provide IT support.