Artificial intelligence has been around since the dawn of time.
Only now has it become more common place where people are actually talking about it.
Today in the boardrooms of large corporations are talking about artificial intelligence and how to implement it.
Not long ago if one brought this up even in a corporate board planning meeting, you would have been laughed out the door with the golden boot.
No one is laughing anymore. The future of technology is here and upon us.
Even main street is talking about artificial intelligence for their advertising needs.
How do I know if I need artificial intelligence?
First audit your operational framework, operating system, products, services and processes.
Make note of these five things:
- Examine the parts of the company that are the most labour intensive. These are great candidates for robotic process automation.
- Take note of where you create new written material on a regular basis. This is the prefect time to introduce large language models.
- If you use new graphics and images on a regular basis, then consider using generative image artificial intelligence for some of these tasks
- Inspect where you need to train others, makes the case for AI video generation.
- Determine if you regularly produce powerful voice overs for video productions and presentations. Consider using text-to-voice generation solutions.
There are other considerations when evaluating the need for artificial intelligence in your business.
- AI lives off large amounts of data. The more data you have the better the case for artificial intelligence.
- Pay attention to repetitive and labour intensive tasks. These will save you the most money
- Identify the skills gap in your employees and see where AI can fill the gap.
Here are three steps to consider when transitioning to AI solutions:
- Before a full implementation of an AI solution, start a pilot projects to test the efficiency and effectiveness of these AI solutions.
- Receive and audit feedback from internal and external stakeholders impacted by the transition.
- Develop solutions based on these insights to help safeguard a seamless transition.
- Once initiated, these AI solutions must be never be left unsupervised to ensure they are performing properly and optimally.
- AI solutions can fail and harm operations and the business if not always monitored
- Develop and properly fund a small team to research and present back to leadership smart AI solutions.
- If you find that a large portion of your operations could benefit from AI, then consider creating an “AI team,” if you will, for your company.
- The team should also look for ways that the company can disrupt the industry with AI adoption.
How to select an AI system
Now that you have identified your areas that need artificial intelligence, prioritize them by importance, impact and of course cost.
Set up and fund a small team to research and present its findings back to leadership,.
If and when you find that a significant portion of your operations could benefit from AI, then consider creating an AI Boss, for your company.
Here are three steps to consider when transitioning to AI solutions:
- Before a full implementation of an AI solution, start a pilot projects to test the efficiency and effectiveness of these AI solutions.
- Receive and audit feedback from internal and external stakeholders impacted by the transition.
- Develop solutions based on these insights to help safeguard a seamless transition.
- Once initiated, these AI solutions must be never be left unsupervised to ensure they are performing properly and optimally.
- AI solutions can fail and harm operations and the business if not always monitored
- Develop and properly fund a small team to research and present back to leadership smart AI solutions.
- If you find that a large portion of your operations could benefit from AI, then consider creating an “AI team,” if you will, for your company.
- The team should also look for ways that the company can disrupt the industry with AI adoption.
Conclusions
AI offers a cornucopia of opportunities for businesses ready to readjust and grow. As a business owner, you need to understand the current state of AI. It can be very profitable to recognize the potential areas where AI can add value to your business. Shifting to AI solutions is a thorough process that demands a well planned strategy, a lot of research, pilot projects and continuous improvement. Grasp the AI wave with a strategic and informed approach to promote growth, efficiency and innovation in your business landscape. The path may be painstaking, but with the right guidance and a willingness to adjust, the destination hints at unprecedented opportunities and successes. Rome was not built in a day and neither should your AI implementation.
For further reading: Remarkable Use of AI in Customer Service
