{"id":7343,"date":"2023-11-14T14:40:10","date_gmt":"2023-11-14T14:40:10","guid":{"rendered":"https:\/\/members.dataiq.global\/?post_type=article&p=7343"},"modified":"2024-03-21T10:55:32","modified_gmt":"2024-03-21T10:55:32","slug":"ai-must-be-embraced","status":"publish","type":"article","link":"https:\/\/www.dataiq.global\/devstage\/articles\/ai-must-be-embraced\/","title":{"rendered":"AI must be embraced for progress and development"},"content":{"rendered":"

It is understandable why some businesses are hesitant to jump at AI opportunities, particularly if they are in heavily regulated industries such as finance, or because it feels daunting \u2013 but this must be addressed. The topic of generative AI has been constantly discussed in the DataIQ community in 2023 and DataIQ has created a generative AI assessment questionnaire to help data leaders on their journey to an AI-assisted future.\u00a0<\/span><\/p>\n

Those that are looking into how AI can improve their business are poised to reap the benefits and early rewards of the latest disruptive technology;\u00a0<\/span>whereas<\/span>\u00a0those more hesitant to use \u2013 or sometimes banned outright from using \u2013 the latest AI tools are going to find themselves having to play catch-up to the field in the not-too-distant future.<\/span><\/p>\n

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Thoughts on AI from the industry<\/span>\u00a0<\/span><\/strong><\/h4>\n

In\u00a0September\u00a0the team at\u00a0Multiverse released a report<\/a>\u00a0built from the results of responses from 1,000 business leaders across the UK and USA and the findings\u00a0indicated\u00a0that AI tools need to be embraced\u00a0immediately.\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cThe results from business leaders show a big divergence between those running towards AI and those running away,\u201d said Ujjwal Singh, Chief Product and Technology Officer, Multiverse. \u201cThe advocates of AI are getting their workforces ready, putting policies in place and training up their teams. They are looking at how to cut staff time on manual jobs and creating prompt libraries for staff to access to create efficiencies across their business.\u201d<\/span>\u00a0<\/span><\/p>\n

This sentiment is backed up by the fact that more than two-thirds of respondents are planning targeted investment in AI,\u00a0data\u00a0and software engineering skills programmes. Furthermore, the findings of the report highlight that skills transformation is a prime focus of business leaders to lay the foundations for future business success: Two-thirds (69%) of business leaders believe that their organisation will need\u00a0different workforce\u00a0skills to stay competitive by 2030.\u00a0<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

The report also shows that:<\/span><\/p>\n