Tuesday, March 21, 2023

g-f(2)1011 THE BIG PICTURE OF THE DIGITAL AGE (3/21/2023), McKinsey, Generative AI is here: How tools like ChatGPT could change your business





ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, The "Positive Disruption: AI Revolution" has accelerated, Generative AI


VIRAL IMAGE





Opportunity, Lessons learned, Warnings, McKinsey

🎯EXCEPTIONAL GK Container


    genioux, McKinsey Fact: Generative AI promises to make 2023 one of the most exciting years yet for AI. But as with every new technology, business leaders must proceed with eyes wide open, because the technology today presents many ethical and practical challenges.

    Foundational Fact: Generative AI and other foundation models are changing the AI game, taking assistive technology to a new level, reducing application development time, and bringing powerful capabilities to nontechnical users.

    Current Fact: With generative AI, computers can now arguably exhibit creativity. They can produce original content in response to queries, drawing from data they’ve ingested and interactions with users. They can develop blogs, sketch package designs, write computer code, or even theorize on the reason for a production error.

    Current Fact: Products like ChatGPT and GitHub Copilot, as well as the underlying AI models that power such systems (Stable Diffusion, DALL·E 2, GPT-3, to name a few), are taking technology into realms once thought to be reserved for humans.

    Current Fact: This latest class of generative AI systems has emerged from foundation models—large-scale, deep learning models trained on massive, broad, unstructured data sets (such as text and images) that cover many topics.

    Warning Fact: The innovations that generative AI could ignite for businesses of all sizes and levels of technological proficiency are truly exciting. However, executives will want to remain acutely aware of the risks that exist at this early stage of the technology’s development.



    Genioux knowledge fact condensed as an image



    Extra-condensed knowledge



    The big picture of the digital age is knowledge that illuminates exceptional opportunities, relevant lessons learned, complex risks, significant challenges, key warnings, multiple threats and "positive" and "negative" disruptions.

    • Pushing further into human realms
      • Until recently, interaction labor, such as customer service, has experienced the least mature technological interventions. Generative AI is set to change that by undertaking interaction labor in a way that approximates human behavior closely and, in some cases, imperceptibly. That’s not to say these tools are intended to work without human input and intervention. In many cases, they are most powerful in combination with humans, augmenting their capabilities and enabling them to get work done faster and better.
      • Generative AI is also pushing technology into a realm thought to be unique to the human mind: creativity. The technology leverages its inputs (the data it has ingested and a user prompt) and experiences (interactions with users that help it “learn” new information and what’s correct/incorrect) to generate entirely new content. While dinner table debates will rage for the foreseeable future on whether this truly equates to creativity, most would likely agree that these tools stand to unleash more creativity into the world by prompting humans with starter ideas.
    • Business uses abound
      • These models are in the early days of scaling, but we’ve started seeing the first batch of applications across functions.
    • Excitement is warranted, but caution is required
      • The awe-inspiring results of generative AI might make it seem like a ready-set-go technology, but that’s not the case. Its nascency requires executives to proceed with an abundance of caution. Technologists are still working out the kinks, and plenty of practical and ethical issues remain open.
    • Initial steps for executives
      • In companies considering generative AI, executives will want to quickly identify the parts of their business where the technology could have the most immediate impact and implement a mechanism to monitor it, given that it is expected to evolve quickly. A no-regrets move is to assemble a cross-functional team, including data science practitioners, legal experts, and functional business leaders, to think through basic questions.


    Condensed knowledge



    "genioux facts", the programme on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, builds GKPath digital freeway to accelerate everyone's success.

    "GKPath" is the free digital highway where there is no speed limit to grow.  GkPath is paved with blocks of golden knowledge.
    • Golden Knowledge (GK) illuminates the paths that lead to your greatness and to making a better world for all.
    • Golden Knowledge (GK) links the paths that lead to greatness and the construction of a better world for all.
    • When you travel The Golden Knowledge Path (GKPath), aware of how extraordinarily wonderful your brain is, how it can change, you understand why the focus of this programme is twofold on the transfer of essential golden knowledge and on teaching people to think.


    References





    ABOUT THE AUTHORS



    Michael Chui 


    McKinsey Global Institute Partner, Bay Area

    Leads research on the impact of information technologies and innovation on business, the economy, and society

    Dr. Michael Chui is a partner at the McKinsey Global Institute (MGI), McKinsey's business and economics research arm. He leads research on the impact of disruptive technologies and innovation on business, the economy, and society. Michael has led McKinsey research in such areas as data & analytics, social & collaboration technologies, the Internet of Things, and artificial intelligence, robotics & automation, and biological technologies.

    Michael is a global co-sponsor of the Asians at McKinsey affinity network and serves on the internal advisory council for the McKinsey Institute for Black Economic Mobility.

    Michael is a frequent speaker at major global conferences, and his research has been cited in leading publications around the world. His PhD dissertation, entitled "I Still Haven't Found What I'm Looking For: Web Searching as Query Refinement," examined Web user search behaviors and the usability of Web search engines.


    Roger Roberts


    Expert Partner, Bay Area

    Advises clients in a broad range of industries as they address their toughest technology challenges—and make the most of emerging opportunities

    Roger helps clients conceive and apply technology solutions to enhance innovation and productivity. He helped found our IT practice (the Business Technology Office) on the West Coast in 1998 and serves clients primarily in the retail, consumer, and technology sectors.

    With more than two decades with McKinsey, Roger has helped clients adapt to technology-based disruptions. With extensive experience in enterprise IT architecture, he advises on value-creating technology strategies across a range of industries. Increasingly, his work is focused on digital customer and employee engagement as well as application of advanced analytics to new business problems and opportunities. He also advises technology providers—eCommerce, online services, and software companies—drawing on a strong understanding of software architecture and cloud platforms.


    Lareina Yee


    Senior Partner, Bay Area

    Advises technology companies on growth and organization transformation; a leading expert in gender and diversity, she became the firm’s first diversity and inclusion officer

    Lareina writes and speaks on technology and diversity. In her role as chair of the McKinsey Technology Council, she recently published the firm’s annual “Technology Trends Outlook” and “Value creation in the metaverse” reports, which examine long-term technology shifts and the implications for different industries.

    Lareina also cofounded “Women in the Workplace,” an annual research partnership with LeanIn.org, which reports on the state of women in corporate America year over year. In addition to this yearly report, she has coauthored a significant body of research on diversity including “Race in the workplace: The frontline experience,” and “Delivering through diversity.” Lareina frequently speaks about women in business at prominent industry events. She writes and speaks widely on diversity and inclusion topics, including appearances in the Wall Street Journal, Bloomberg, Fortune, Fast Company, and CBS News, among others.




    Some relevant characteristics of this "genioux fact"

    • BREAKING KNOWLEDGE
    • Category 2: The Big Picture of the Digital Age
    • [genioux fact deduced or extracted from McKinsey]
    • This is a “genioux fact fast solution.”
    • Tag Opportunities to those travelling at high speed on GKPath
    • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
    • Type of validity of the "genioux fact". 

      • Inherited from sources + Supported by the knowledge of one or more experts.



    References


    “genioux facts”: The online programme on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1011, Fernando Machuca, March 21, 2023, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


    ABOUT THE AUTHORS


    PhD with awarded honors in computer science in France

    Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




    The 100 most recent "genioux facts"


    • Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age. 
      1. g-f(2)1010 THE BIG PICTURE OF THE DIGITAL AGE (3/21/2023), Forrester, Forrester: Ignoring Generative AI Will Be A Costly Mistake For Enterprises
      2. g-f(2)1009 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2023), For Steve Ballmer, Building An NBA Champion Is Harder Than Running Microsoft But More Fun
      3. g-f(2)1008 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2023), MITSMR, Rethinking Hierarchy
      4. g-f(2)1007 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2023), HBR, Using Technology to Create a Better Customer Experience
      5. g-f(2)1006 THE BIG PICTURE OF THE DIGITAL AGE (3/19/2023), Quanta magazine, The Unpredictable Abilities Emerging From Large AI Models
      6. g-f(2)1005 THE BIG PICTURE OF THE DIGITAL AGE (3/19/2023), Bloomberg, Google Is Making Breakthroughs Much Bigger Than AI
      7. g-f(2)1004 THE BIG PICTURE OF THE DIGITAL AGE (3/18/2023), The g-f New World News (3/17/2023, 2)
      8. g-f(2)1003 Lighthouse of the big picture of the digital age (3/17/2023), Your growth skyrockets with three addends: UAI + AI + PDT
      9. g-f(2)1002 THE BIG PICTURE OF THE DIGITAL AGE (3/16/2023), NYT, Microsoft and Google Unveil A.I. Tools for Businesses
      10. g-f(2)1001 THE BIG PICTURE OF THE DIGITAL AGE (3/16/2023), geniouxfacts, Search engines are fabulous “co-pilots” for looking for GOLDEN KNOWLEDGE
      11. g-f(2)1000 THE BIG PICTURE OF THE DIGITAL AGE (3/15/2023), geniouxfacts, Knowledge is GOLD!
      12. g-f(2)999 THE BIG PICTURE OF THE DIGITAL AGE (3/14/2023), geniouxfacts, Brilliant strategic move by Google making visible an arsenal of benefits with its AI
      13. g-f(2)998 THE BIG PICTURE OF THE DIGITAL AGE (3/14/2023), NYT, 10 Ways GPT-4 Is Impressive but Still Flawed
      14. g-f(2)997 THE BIG PICTURE OF THE DIGITAL AGE (3/14/2023), geniouxfacts, Generative AI will democratize all kinds of content creation
      15. g-f(2)996 THE BIG PICTURE OF THE DIGITAL AGE (3/13/2023), geniouxfacts, Fast valuation of the gold of "The g-f New World News (3/13/2023, 3)"
      16. g-f(2)995 THE BIG PICTURE OF THE DIGITAL AGE (3/13/2023), geniouxfacts, 100 Golden Knowledge Juices From 10 Issues Of "The g-f New World News"
      17. g-f(2)994 THE BIG PICTURE OF THE DIGITAL AGE (3/12/2023), geniouxfacts, Extremely rare gold of "The g-f New World News (2/27/2023, 3)"
      18. g-f(2)993 THE BIG PICTURE OF THE DIGITAL AGE (3/12/2023), geniouxfacts, Fast valuation of the gold of "The g-f New World News (3/8/2023, 2)"
      19. g-f(2)992 THE BIG PICTURE OF THE DIGITAL AGE (3/11/2021), geniouxfacts, Valuing the gold of "The g-f New World News (3/10/2023, 3)"
      20. g-f(2)991 THE NEW WORLD (3/10/2023), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
      21. g-f(2)990 Lighthouse of the big picture of the digital age (3/10/2023), Your Personal Digital Transformation (PDT) is potentially disruptive!
      22. g-f(2)989 Lighthouse of the big picture of the digital age (3/10/2023), Digital transformation is becoming more potentially disruptive every day
      23. g-f(2)988 Lighthouse of the big picture of the digital age (3/9/2023), The "Positive Disruption: AI Revolution" has accelerated
      24. g-f(2)987 THE NEW WORLD (3/8/2023), WSJ, How Google Became Cautious of AI and Gave Microsoft an Opening
      25. g-f(2)986 Lighthouse of the big picture of the digital age (3/8/2023), The New World is mostly colonized by global tech leaders
      26. g-f(2)985 Lighthouse of the big picture of the digital age (3/8/2023), The fundamental CHALLENGE is to find the right balance between running and transforming!
      27. g-f(2)984 Lighthouse of the big picture of the digital age (3/8/2023), We are in the emerging new age of transformation
      28. g-f(2)983 Lighthouse of the big picture of the digital age (3/6/2023), THE NEW WORLD IS TRANSFORMATION
      29. g-f(2)982 THE g-f NEW WORLD (1/30/2023), geniouxfacts, Classified and unclassified “genioux facts” for a disrupted g-f New World
      30. g-f(2)981 THE NEW WORLD (7/10/2022), geniouxfacts, The story of Xi and Putin is that of two leaders with delusions of grandeur and LOSING STRATEGIES
      31. g-f(2)980 THE NEW WORLD (4/7/2022), geniouxfacts, How Xi or Putin, against all odds, reinvent themselves on the right side of history
      32. g-f(2)979 THE NEW WORLD (3/31/2022), geniouxfacts, Essential Fact 8: The New World Is the Expression of FREEDOM
      33. g-f(2)978 THE NEW WORLD (3/22/2022), Essential Fact 7: To win the transformation game China-Russia proposes TERROR
      34. g-f(2)977 THE NEW WORLD (3/20/2022), geniouxfacts, Essential Fact 6: In the marvelous New World there is no place for terrorism
      35. g-f(2)976 THE NEW WORLD (3/18/2022), geniouxfacts, Essential Fact 5: Disrupted in the New World, could autocratic Chinese rule be reinvented?
      36. g-f(2)975 THE NEW WORLD (3/17/2022), geniouxfacts, Essential Fact 4: Russian and Chinese autocratic governments have been disrupted in the New World
      37. g-f(2)974 THE NEW WORLD (3/16/2022), geniouxfacts, Essential Fact 3: China (Xi Jinping) has destroyed the trust of its best partners
      38. g-f(2)973 THE NEW WORLD (3/15/2022), geniouxfacts, Essential Fact 2: The people of Russia are fabulous, their autocratic rule is a disgrace
      39. g-f(2)972 THE NEW WORLD (3/15/2022), geniouxfacts, Essential Fact 1: The people of China are fabulous, not their autocratic government
      40. g-f(2)971 THE NEW WORLD (3/12/2022), geniouxfacts, Demonic China-Russia alliance sparked Putin's senseless war
      41. g-f(2)970 THE NEW WORLD NEWS (3/7/2022), geniouxfacts, The 10 most read "genioux facts" of the month
      42. g-f(2)969 THE NEW WORLD NEWS (3/7/2022), geniouxfacts, The 10 most read "genioux facts" of the week
      43. g-f(2)968 THE NEW WORLD (3/2/2022), geniouxfacts, How humans learned to value the price of freedom
      44. g-f(2)967 THE NEW WORLD (3/1/2022), geniouxfacts, Putin's war is the war of ignorance in the New World
      45. g-f(2)966 THE NEW WORLD NEWS (2/27/2022), geniouxfacts, The 10 most read "genioux facts" of the month
      46. g-f(2)965 THE NEW WORLD NEWS (2/27/2022), geniouxfacts, The 10 most read "genioux facts" of the week
      47. g-f(2)964 THE NEW WORLD NEWS (2/27/2022), Media, Putin's wise thing is to stop this senseless war
      48. g-f(2)963 THE NEW WORLD NEWS (2/26/2022), CNN + Fox Business, Putin's war was launched on a runway of lies
      49. g-f(2)962 THE NEW WORLD NEWS (2/24/2022), WSJ, Putin’s New World Disorder
      50. g-f(2)961 THE NEW WORLD (2/25/2022), geniouxfacts, Leaders who transcend do not live in vicious circles of ignorance
      51. g-f(2)960 THE NEW WORLD (2/24/2022), msn, TIME, Putin Wants Revenge Not Just Against Ukraine But the U.S. And Its Allies
      52. g-f(2)959 THE NEW WORLD (2/23/2022), geniouxfacts, The "g-f story" of how leaders prove their greatness in the New World
      53. g-f(2)958 THE NEW WORLD (2/23/2022), geniouxfacts, The "g-f story" of how Putin can overcome his vicious circle of ignorance
      54. g-f(2)957 THE NEW WORLD (2/22/2022), geniouxfacts, The "g-f story" of the fabulous treasure of the New World
      55. g-f(2)956 THE NEW WORLD NEWS (2/21/2022), geniouxfacts, The list of “genioux facts" of the day
      56. g-f(2)955 THE NEW WORLD (2/21/2022), WSJ, Why Apple, Amazon and Google Are Uniting on Smart-Home Tech: Matter Explained
      57. g-f(2)954 THE NEW WORLD (2/21/2022), HBR, In a Hybrid World, Your Tech Defines Employee Experience
      58. g-f(2)953 THE NEW WORLD (2/21/2022), MIT SMR, Creating Good Jobs
      59. g-f(2)952 THE NEW WORLD (2/21/2022), geniouxfacts, Exceptional Golden Knowledge (GK) by Stephen Covey: Work on your paradigms!
      60. g-f(2)951 THE NEW WORLD (2/21/2022), s+b, PwC, Leaders should revisit the works of three corporate culture pioneers
      61. g-f(2)950 THE NEW WORLD NEWS (2/20/2022), geniouxfacts, The 10 most read "genioux facts" of the month
      62. g-f(2)949 THE NEW WORLD NEWS (2/20/2022), geniouxfacts, The 10 most read "genioux facts" of the week
      63. g-f(2)948 THE NEW WORLD (2/19/2022), PwC, The "g-f story" of going beyond digital to win
      64. g-f(2)947 THE NEW WORLD (2/18/2022), PwC + s+b, Seven imperatives for moving beyond digital
      65. g-f(2)946 THE NEW WORLD (2/18/2022), MIT SMR, Top Performers Have a Superpower: Happiness
      66. g-f(2)945 THE NEW WORLD (2/18/2022), MIT SMR, Companies Are Making Serious Money With AI
      67. g-f(2)944 THE NEW WORLD NEWS (2/18/2022), geniouxfacts, The Golden Knowledge (GK) Accelerator Line for the Wise Colonization
      68. g-f(2)943 THE NEW WORLD (2/17/2022), The story of the New World in a single sentence
      69. g-f(2)942 THE NEW WORLD (2/16/2022), The Story of the New World in a “g-f KBP” Chart
      70. g-f(2)941 THE NEW WORLD (2/16/2022), The “g-f stories” to your greatness and to help build a much better world for all
      71. g-f(2)940 THE NEW WORLD NEWS (2/14/2022), geniouxfacts, The list of “genioux facts" of the day
      72. g-f(2)939 THE NEW WORLD (2/14/2022), Korn Ferry, Future of Work Trends in 2022: A new era of humanity
      73. g-f(2)938 THE NEW WORLD (2/14/2022), Korn Ferry, FUTURE OF WORK / THE GLOBAL TALENT CRUNCH
      74. g-f(2)937 THE NEW WORLD (2/14/2022), WSJ, The Technology That’s Helping Companies Thrive Amid the Supply-Chain Chaos
      75. g-f(2)936 THE NEW WORLD NEWS (2/14/2022), Bloomberg, U.S. Tech Firms Hunt for Cheap Home-Based Hires in Latin America
      76. g-f(2)935 Lighthouse of the big picture of the digital age (2/14/2022), g-f PDT: How to develop a “Growth Mindset”
      77. g-f(2)934 THE NEW WORLD NEWS (2/13/2022), geniouxfacts, The 10 most read "genioux facts" of the month
      78. g-f(2)933 THE NEW WORLD NEWS (2/13/2022), geniouxfacts, The 10 most read "genioux facts" of the week
      79. g-f(2)932 THE NEW WORLD NEWS (2/12/2022), geniouxfacts, The list of “genioux facts" of the day
      80. g-f(2)931 THE NEW WORLD NEWS (2/12/2022), WSJ, OpenSea’s NFT Free-for-All
      81. g-f(2)930 THE NEW WORLD (2/12/2022), MIT SMR, A Global Brand President’s View of the Future of Work
      82. g-f(2)929 THE NEW WORLD (2/12/2022), HBR, Skills-Based Hiring Is on the Rise
      83. g-f(2)928 THE NEW WORLD (2/12/2022), geniouxfacts, Golden knowledge (GK) to wisely resolve the current lose-lose situation between Russia and Ukraine
      84. g-f(2)927 THE NEW WORLD NEWS (2/11/2022), geniouxfacts, The list of “genioux facts" of the day
      85. g-f(2)926 THE NEW WORLD NEWS (2/11/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
      86. g-f(2)925 THE NEW WORLD (2/11/2022), strategy+business, Building a culture of learning at work
      87. g-f(2)924 THE NEW WORLD (2/11/2022), WHO, Ensuring artificial intelligence (AI) technologies for health benefit older people
      88. g-f(2)923 THE NEW WORLD (2/11/2022), yahoo!news, WWD, L’Oréal’s CEO Addresses Beauty Industry Transformation
      89. g-f(2)922 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, The list of “genioux facts" of the day
      90. g-f(2)921 THE NEW WORLD (2/10/2022), PwC, Demystifying the metaverse
      91. g-f(2)920 THE NEW WORLD (2/10/2022), WSJ, Forget the Office—Salesforce Is Making a Wellness Retreat for Workers
      92. g-f(2)919 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
      93. g-f(2)918 THE BIG PICTURE OF THE DIGITAL AGE (2/10/2022), Media, Nathan Chen brilliantly won the Olympic gold his talent deserved
      94. g-f(2)917 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, The list of “genioux facts" of the day
      95. g-f(2)916 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, Free bet, do you know how to value golden knowledge (GK)?
      96. g-f(2)915 THE NEW WORLD (2/9/2022), Forbes, Why Do Startups Fail And Can We Create An AI Formula To Prevent Failure? An Interview With Harvard Business School Professor Tom Eisenmann
      97. g-f(2)914 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
      98. g-f(2)913 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
      99. g-f(2)912 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
      100. g-f(2)911 THE NEW WORLD NEWS (2/8/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
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    g-f(2)3127 Mastering the Big Picture: A Three-Month Journey Through the Digital Age

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