Sunday, June 2, 2024

g-f(2)2456: The GenAI Leadership Gap: Bridging the Chasm Between Hype and Reality

 


genioux Fact post by Fernando Machuca and Gemini



genioux GK Nugget: 


"Leaders must overcome their blind spots about Generative AI's limitations and potential to truly harness its transformative power for business." —  Fernando Machuca and Gemini, June 2, 2024



genioux Foundational Fact: 


Many leaders overestimate Generative AI's reasoning abilities and focus on incremental applications, overlooking its potential to revolutionize entire business processes. To maximize its value, leaders must deepen their understanding of GenAI, ask the right questions, and prioritize ethical, transparent, and secure AI development.








REFERENCES

The g-f GK Context


The GenAI AI Blind Spot Leaders Have NowMIT Sloan Management Review, YouTube Channel, May 30, 2024.

  • 524 views
  • What hurdles await leaders and organizations working to capitalize on the benefits of generative AI? It’s hard for leaders to see the whole picture, given the rapid pace of change with the technology. At the recent MIT Sloan CIO Symposium, MIT Sloan Management Review interviewed business, IT, and academic experts to get their advice on the generative AI issues that leaders should prioritize. Watch the short video to learn more about current generative AI blind spots.





Classical Summary:


Here is a summary of the YouTube video "The GenAI AI Blind Spot Leaders Have Now" from MIT Sloan Management Review YouTube channel:


GenAI AI Blind Spot Leaders Have Now


  • Leaders are not aware of the limitations of GenAI. They mistakenly believe that GenAI can reason and make logical inferences, but it can only find patterns in the data it is trained on. This can lead to biased or nonsensical outputs.
  • Leaders are focusing on incremental uses of GenAI such as chatbots and document summarization, instead of focusing on how it can transform entire business processes.
  • Leaders lack a deep understanding of how GenAI works. This lack of understanding can lead to misuse of GenAI and create problems.
  • Leaders are not asking the right questions to get the most out of GenAI. GenAI is most valuable when it is used to ask questions that we don't know how to ask yet, not for simple tasks.
  • Leaders need to be aware of security risks associated with GenAI. Leaders need to be aware of how GenAI can be misused and how to validate the information that it generates.



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Categorization


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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REFERENCES



genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)2456, Fernando Machuca and GeminiJune 2, 2024, Genioux.com Corporation.



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