AI explains AI in business — and what leaders should question

ChatGPT is the most rapidly adopted application ever, employed by 100 million users within two months. Business leaders cannot afford to wait and see the implications of this powerful new tool. Because I advise senior business leaders, I need to wrap my head around what this kind of generative artificial intelligence tool means for my clients.

Asking AI how to assess AI in business

I’ve been reading articles and listening to podcasts to rapidly learn about AI. There’s a huge amount of material available, and I soon began to feel overwhelmed. And then I had a brain wave: Why not get ChatGPT to do the job for me? I entered the following prompt, “What do business leaders need to know about generative AI?” Within a few seconds I got an interesting two-page summary of nine key questions for leaders to consider: 

1. What is generative AI and what can it do?

2. How can generative AI be applied to businesses?

3. What do you need to create a generative AI model?

4. What are the ethical considerations in using generative AI?

5. How do intellectual property rights apply to generative AI?

6. How can you integrate generative AI in your existing systems and workflows?

7. What are the limitations of generative AI?

8. How should generative AI be regulated?

9. What is the best way for human beings and generative AI to collaborate?

Please note — the above is my condensed take on what ChatGPT wrote. I found it intriguing and thought-provoking.

In future posts I’ll explore these questions in more detail. In the meantime, I want to directly quote how ChatGPT ended its overview: “By understanding these aspects of generative AI, business leaders can make informed decisions about its integration, assess its potential benefits, navigate ethical challenges and maximize its value for their organizations.”

I couldn’t have said it better myself.