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Reckoning With The Age Of AI (And Planning For Its Future)

Sep 29, 2023 - forbes.com
Veronica Buitron, co-founder of Chassis, discusses the evolution of artificial intelligence (AI) and its impact on business operations. She highlights that AI, which has been in development since the '70s, has become more accessible, with its applications now within everyone's reach. Currently, AI is being used mostly in language and media tools, but Buitron predicts that the technology will soon be specialized for specific use cases, disrupting every job and industry.

Buitron suggests two ways to leverage AI in a company: as an assistant to increase output and as an enabler in a product or service. She advises companies to seek reputable firms for AI implementation and warns that those who fail to incorporate AI into their workflows may face a steep learning curve and potential disadvantage. She also cautions that with the AI boom, companies will need to do due diligence when purchasing new software as many businesses may rebrand themselves as AI companies.

Key takeaways:

  • Artificial Intelligence (AI) has been in development since the '70s, but its accessibility has increased in recent years, allowing more companies to utilize its capabilities.
  • AI is currently being used in language and media tools, but its applications are expected to become more specialized and disrupt various industries in the future.
  • Companies can leverage AI to increase output and improve their products or services, but they should seek out reputable firms for implementation to avoid potential pitfalls.
  • With the increasing popularity of AI, many companies will rebrand themselves as AI companies, requiring businesses to conduct due diligence when purchasing new software.
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