Businesses are being asked to see artificial intelligence as an opportunity, not a threat

AI For Business

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New Zealand AI founder Justin Flitter says that as the country faces a skills shortage, companies will soon start looking to AI to fill the gap.
photograph: 123 RF

Those who are already using artificial intelligence (AI) to do their jobs faster and better say businesses that don’t adapt to the technology today will be left behind.

A new generation of AI, such as Chat GPT, has come a long way in the last few months.

And while technology threatens to put people out of work within a few years, it is also being adopted to significantly improve productivity and efficiency.

Vaughn Quilo, principal of Papatoeto High School, has discovered that Chat GPT 4, an artificial intelligence tool, can help her smash her to-do list.

It helped me write the school newsletter, create questions for the new receptionist, and mock up the new school policy.

“It made life so much easier for me,” he said.

“It certainly saved me hours in not having to start with a blank slate.”

The trial version of Chat GPT 4 is free to use. Trained with input from the internet, it spits out full-text answers to questions by predicting the next word in a sequence.

Couillault said the answers it provided were not necessarily mechanical, but helped guide his thinking and gave structure to his work.

He planned to keep it paced.

“I want to explore the analysis of the data side of the data that I input.

“What do you do with the information I give, instead of giving me information I don’t have?”

Ana Adams is a Principal Consultant at TQ Solutions, an Australian HR and recruitment consulting firm. TQ Solutions has clients in many countries including New Zealand.

She said Chat GPT can write the best job descriptions.

“You can go out there and say, ‘What are the key requirements for senior account managers working in the tech industry?

“All key skills and requirements are displayed and can be used to create position descriptions and adverts for the roles we are recruiting for.

“And it really hits the mark. The quality of the output is really insightful, as good as most people do in the role, and it happens in a matter of seconds.”

According to Justin Flitter, founder of interest group New Zealand AI and chief marketing officer of marketing firm Unrivaled, many companies have hundreds of files containing workplace policies, how-to procedures, product and customer information. , scattered across numerous documents.

This is important knowledge for running a business, but it’s often difficult to get what you need right away.

According to Fritter, Chat GPT-powered applications can take all that information and generate compelling, detailed answers.

“On one of the projects I’m working on, it literally took 30 minutes for 100 documents.

“And the chat bot takes two minutes to install. It’s a real game changer.”

Fritter said technology could make current workers more productive, and with New Zealand facing a skills shortage, companies will soon start turning to AI to fill that gap. said it would.

Adams said people should see this as an opportunity rather than a threat, encouraging them to try and experiment with new technologies.

“Some clients are really embracing it and exploring it, and I think it will be a huge differentiator and advantage for those clients.

“We’ve seen a lot of clients who haven’t talked about it. It’s a bit of a head in the sand. I think the early adopters have some really credible advantages.”

She said that while it is still a new technology, it is accelerating rapidly and has the potential to transform many industries within five years.

According to a 2018 report by the AI ​​Forum, the technology could add as much as $54 billion to New Zealand’s GDP by 2035.

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