Thursday, November 2, 2023
Generating opportunities with generative AI
Generating opportunities with generative AI AI News, AI, AI tools, Eric Bender | MIT Industrial Liaison Program, Innovation, itinai.com, LLM, MIT News - Artificial intelligence, t.me/itinai ๐ Revolutionizing Retail with AI: Practical Solutions for Middle Managers ๐ Are you a middle manager looking to enhance your company's products, services, employee productivity, and operational efficiency? Look no further! CQuotient, a software startup founded by Rama Ramakrishnan, offers personalized recommendations for retailers by carefully analyzing customer interactions. Their technology has been adopted by Salesforce, making it a trusted solution in the industry. Ramakrishnan, now a professor at MIT Sloan School of Management, teaches students how to apply AI technologies practically. He also guides senior executives in using pre-trained AI models and understanding different categories of AI, such as machine learning and generative AI. However, he advises caution when using generative AI, as it can produce plausible but potentially inaccurate or offensive outputs. To help companies leverage AI effectively, Ramakrishnan suggests considering costs and consequences when applying AI software and conducting pilot projects before full implementation. Common corporate uses for generative AI include software development, content generation, and chatbots for internal document search. If you want to stay competitive and redefine your way of work, here are some steps to consider: 1️⃣ Identify Automation Opportunities: Locate customer interaction points that can benefit from AI. 2️⃣ Define KPIs: Ensure your AI endeavors have measurable impacts on business outcomes. 3️⃣ Select an AI Solution: Choose tools that align with your needs and provide customization. 4️⃣ Implement Gradually: Start with a pilot, gather data, and expand AI usage judiciously. At ITINAI, we offer AI KPI management advice and continuous insights into leveraging AI. Connect with us at hello@itinai.com to learn more. You can also explore our AI Sales Bot at itinai.com/aisalesbot to automate customer engagement and manage interactions across all customer journey stages. ๐ Useful Links: - Join our AI Lab in Telegram @aiscrumbot for free consultation. - Learn more about generating opportunities with generative AI. - Stay updated with AI news on MIT News. - Follow us on Twitter @itinaicom for the latest updates. Let's evolve your company with AI! ๐
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