Insider's Edit: The Role of AI in Digital Transformation
AI Business
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This week's top stories on AI Business:
The Role of AI in Digital Transformation
ServiceNow's Chief Digital Information Officer Chris Bedi writes in this opinion piece that in today’s economic landscape, it is crucial that business leaders are strategic about their investments and understand exactly where to prioritize their digital spending.
Artificial intelligence (AI) has rocketed into the mainstream over the last year and its potential is huge. However, capitalizing on such technology requires seamless integration. If harnessed effectively, AI offers tangible benefits in areas such as customer and employee experience, and therefore companies must act now or risk getting left behind.
The last few years have paved the way for bigger, better digital transformation. The rise of generative AI Â and hyperautomation has potential to be a productivity game-changer for those who use it well.
Author Admits to Using AI to Write Award-winning Novel
An author who won Japan’s most prestigious book award revealed that around 5% of the content in her novel came directly from generative AI.
Rie Kudan won the 170th Akutagawa Prize for emerging authors for her novel, Tokyo-to Dojo-to (meaning, Sympathy Tower Tokyo), according to Kyodo (Japan) News.
Her novel is set in a futuristic Tokyo in which generative AI is being used everywhere. One of the characters is ‘AI-built,’ which is similar to ChatGPT.
Besides Kudan, journalism professor Shen Yang of China’s prestigious Tsinghua University also used AI to write a book. He used 66 prompts in about three hours to generate a Chinese-language novel, complete with title, illustrations and pen name, according to China Daily. The book also won an award.
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Intel's Startup Chief on Trends in the AI Landscape
Intel Ignite is the chip giant’s startup accelerator program that focuses on deep tech. It takes in and mentors startup cohorts in the U.S., Europe, U.K., and Israel throughout the year.
AI Business recently caught up with Tzahi (Zack) Weisfeld, who is the general manager and vice president of Intel Ignite, to find out what he is seeing in the AI startup landscape.
Trending areas for AI startups include cybersecurity, small language models, multimodality, computational biology and edge computing.
In other news:
Meta's chief AI scientist is also proposing an alternative view of AGI - advanced machine intelligence or AMI.
OpenAI, the maker of ChatGPT, reportedly is working on AI agents that can execute tasks for the user autonomously.
With surging demand for generative AI, vector databases are rising in popularity. This technology lets enterprise apps effectively search large amounts of unstructured data, helping to reduce hallucinations and greatly improve the responses of LLMs.
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