Tim Davies argues that AI tools like ChatGPT are reshaping business faster than most realize. Companies that don't figure out how to use AI risk losing ground to competitors and making their products obsolete.
Well, if you've not heard of artificial intelligence over the past year to 18 months, you must have been living under a rock. The amount of news and press that's out every day and the commentary about ChatGPT and other solutions is everywhere in the news and is obviously beginning to have an impact both on businesses, ideas around hiring people, but also the wider society at large in terms of what these impacts are going to be. So if, as a business owner, you've not thought, should I really be looking at how AI can help in my business, or where do I start? Then that's a real problem. You need to be having a good hard look at yourself and working out what's the approach that's going to work for me? How do we bring in these capabilities to make sure that we're not being left behind by our competition and that our product or service doesn't become irrelevant.