To be clear, deploying generative AI is one of the key risks and reward. We make chatbots, Internet search results, and business platforms more engaging and useful. Tedious time-wasters such as data entry are completed in minutes instead of hours. There are even apps that convert visual data into audio descriptions to make the world and office more accessible. Digital Personal Assistant, anyone?
Organizations can build their own In-house generative AI tools Then train them with your own data for any number of business applications. And our collective ideas will only grow in the coming months. From this moment on, whole industries emerge, evolve and shrink.
With continued progress, businesses will continue to find ways to leverage generative AI in ways that add value and minimize risk. Despite the business risks, the opportunities to increase productivity and make jobs more engaging by leveraging the same workforce in new ways (enhanced by AI) are too great to pass up. It’s best to stay ahead.
The only truth we should keep in mind is that human Plus AI It offers real benefits — and you have to actively manage it. Therefore, her CPO’s role in shaping the way we understand and prepare for our business, our leaders, our workforce and our impact on society is more acute than ever. The good news is that AI, as we all learn together, can help level and even widen the playing field.
Mercer is a Marsh McLennan company. We help companies with people, risk and strategy.
