Economist Education’s Post

Reflecting on the largest advancements in technology during 2023, nothing comes close to the progress made in Artificial Intelligence. Many of us have found useful ways to supplement our work with the help of language models like Bard and GBT. But many of us fail to grasp the complete scope of what AI is, and how severely it will impact our 2024 plans and beyond. AI is far more than just language models, but language models alone will fundamentally change the way we conduct our businesses. The same can be said for machine learning, advanced analytics, and many other fields within the scope of AI. This visualization, though high level, should help to represent that scope. Each piece of the diagram deserving full exploration for opportunities within your processes. I implore everyone to develop a strategy on how you will incorporate advancements in these technologies with your businesses. Now more than ever is it critical to reevaluate the technology market on a daily basis. What we see today is much smaller than the tip of an iceberg, and what's to come is both exciting and very concerning. We must all make a conscious decision TODAY about how we will be involved in this rapidly evolving space, for those who adopt these technologies early will be rewarded and those who wait will pay a significant price. How will you be spearheading this initiative within your organization? Where will you need support?

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Thanks to Matt Barrie for this comprehensive review that everyone needs to read about what AI can do today and, more importantly, what AI will start doing tomorrow. While the title suggests the end of the world, what it is really talking about is the end of your world, the end of your job, or the end of your company if you don't figure out how to leverage AI and "move up the stack." With the holidays and end-of-year downtime approaching, bookmark this and find the time to read it. And don't just think about the risks as you read it, but also the opportunities. https://lnkd.in/ge4cdJMX

As I get more excited to attend the NERTS 2024 ( North East Regional Tech Summit 2024), I have become more interested in learning about the newest trends in Technology and although, AI Tech not something new, it continues shaping the present and the future of our every day life, in our homes and at the workplace. I really enjoyed reading this article where it explains what is AI, what is a machine learning and how AI changing our lives. I hope you enjoy it! #AI #tech #techskills #learningtech #nerts2024

If you haven’t yet heard how memory 🧠 is going to play an important role in improving the efficiency and accuracy of our AI systems check it out in my latest piece on Towards Data Science 🧪

"Start post, try writing with AI" must be one of the worst prompts for sharing your ideas. Don't delegate your creativity to a machine. It might make you look smarter in the moment, but it will make you dumber in the long run. Mastery is practice and how are you supposed to ace the big challenges if you never practiced with the small ones? https://lnkd.in/dPRqZfwa

The Power of LLMs: Beyond the Hype AI is revolutionizing the way we work, and large language models (LLMs) are leading the charge. While the hype may seem intense, the exponential growth in computing power and research has made LLMs more powerful and accessible than ever. I'm witnessing firsthand how LLMs are transforming industries. Imagine LLMs automating tedious data analysis tasks by isolating exceptions and anomalies. Or Vison models that can identify relationships between images and text by having contextual understanding. Knowledge Graphs can be used to store and retrieve information in a structured way from a large set of Documents. The possibilities are endless. Of course, challenges remain. We must address ethical considerations, manage biases, and minimize environmental impact. But the benefits of LLMs are undeniable. They have the potential to boost productivity, enhance accuracy, and unlock deeper insights across a wide range of fields. **What do you think are the biggest opportunities and challenges presented by LLMs?** #LLM #AI #FutureofWork Image source: https://lnkd.in/enzjeBJa

The conversation around artificial intelligence is evolving rapidly, particularly with the concept of bias in AI becoming more prominent. It's a trend that seems to touch every corner of our lives, from the tools we use daily to the products we rely on. As AI systems increasingly influence decisions—whether in hiring, lending, or even content curation—acknowledging and addressing these biases has become critical. Many of us may not even realize how such biases affect our choices and perspectives. What biases have you encountered in AI applications or tools? Have they changed the way you engage with technology? https://lnkd.in/gMaTBqDX

It seems like Generative AI and Large Language Models exploded in popularity overnight. It feels akin to the disruption of the internet boom, and there are already millions of ongoing experiments exploring its capabilities. Harvard Business Review recently published an article titled, “How AI Fits Into Lean Six Sigma,” which explores a few of the possible applications of LLMs in process improvement. MoreSteam CEO and Founder William Hathaway gives his thoughts on the article and adds even more avenues of possibilities that we as a company are actively investigating. Check out our latest blog, "Exploring the Potential of AI in Process Improvement", and let us know how your organization is integrating AI into your process improvement initiatives. #generativeAI #processimprovement #largelanguagemodels

A new technique can be used to predict the actions of human or AI agents who behave suboptimally while working toward unknown goals. | Click below to read the full article on Sunalei