Wednesday, March 20, 2024

g-f(2)2110 Unlocking Value: The Transformative Power of Generative AI


genioux Fact post by Fernando Machuca and ChatGPT


In the rapidly evolving landscape of technology, companies are increasingly turning to generative AI to unlock new avenues of value creation. With significant investments pouring into digital transformation globally, understanding how generative AI drives value is paramount. Chengyi Lin, in a compelling discussion, sheds light on this crucial question.

genioux GK Nugget:

"Generative AI doesn't create value in isolation; rather, it enhances existing value by revolutionizing processes and unlocking efficiencies, ultimately leading to a transformative change in added value." — Fernando Machuca and ChatGPT

Classical Summary:

Chengyi Lin delves into the realm of generative AI and its profound impact on value creation. By examining examples across various industries, from marketing to healthcare, Lin highlights how generative AI accelerates processes, reduces costs, and optimizes outcomes, ultimately reshaping the value equation for organizations worldwide.


The g-f GK Video

How does GenAI create value? | Chengyi Lin, INSEAD, YouTube channel, March 19, 2024.

Copilot's Summary:

Chengyi Lin is an Affiliate Professor of Strategy at INSEAD and a leading expert on digital transformation¹²³⁴. His research primarily focuses on the topics of digital transformation and innovation for global and multi-national organisations¹²³⁴.

His research and teaching explore the strategic impacts of digital technologies (e.g. AI) and drivers of successful execution of companies’ digital strategies¹²³⁴. He has worked with many top executive teams on their digital strategy and organisational transformation¹²³⁴.

Chengyi has been leading INSEAD’s teaching innovations and digital transformation with the Dean of Innovations¹²³⁴. He has created INSEAD’s online programme portfolios and organisational capabilities¹²³⁴. The success established INSEAD as the global leader in online executive education since 2014¹²³⁴.

Professor Lin is also an expert in teaching innovations around online pedagogies, hybrid learning, experiential learning and peer-to-peer learning¹²³⁴. Externally, Chengyi serves on multiple boards and consults for multi-internationals on digital transformation and innovation¹²³⁴.

Chengyi previously worked at Bain & Company in Chicago¹²³⁴. He holds a Ph.D. from Northwestern University, a certificate from Kellogg School of Management and a B.Sc. from Tsinghua University¹²³⁴. His thought leadership pieces were published in management journals including Harvard Business Review and research articles in top scientific journals including Proceedings of the National Academy of Sciences¹²³⁴.

Source: Conversation with Bing, 3/21/2024

(1) Chengyi Lin | INSEAD.

(2) Chengyi Lin - Faculty Profile | INSEAD.

(3) Building Health Care AI in Europe’s Strict Regulatory Environment.

(4) Chengyi Lin | INSEAD Publishing.

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This genioux Fact post is classified as Nugget Knowledge which means: Ultra-concentrated wisdom, easily remembered and applicable to your daily life.

Type: Nugget Knowledge, Free Speech

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