(List updated: Feb 2024) The following is a list of around 60+ technology tools that you can use to manage your virtual team. To keep things simple, I've categorized the tools into 10 different functional categories. However, keep in mind that those categories are loosely defined, and one tool can technically belong to more than one category (because of overlapping features and frequent tool updates). Note: None of the links below are affiliate links, so feel free to click away :) 1. ... Read More
Google launches Gemini (and rebrands Bard)
Google’s Bard has been rebranded to Gemini, introducing a new mobile app and an advanced version called Gemini Advanced, aimed at enhancing AI collaboration. Gemini Advanced offers access to Ultra 1.0, Google's most advanced AI model (and a potentially a major competitor to OpenAI’s GPT-4), boasting improved capabilities in complex tasks such as coding, logical reasoning, and creative projects. How does it compare to other models in the real world? Ethan Mollick recently wrote ... Read More
Best Practices for Successful AI Implementation
In today's rapidly evolving business environment, integrating General AI (Gen AI) into your operations can be a significant change. However, doing so successfully requires a strategic approach. Here are a few best practices that will help. Appointing a Leader and Forming a Team The journey begins with the crucial step of assigning a project leader. This individual should possess a robust understanding of AI and its potential impact on the business. Their responsibility extends to forming a ... Read More
Microsoft to Train 2 Million People on AI
CEO Satya Nadella announced that Microsoft will help train two million people in India on AI skills. Microsoft invests millions of dollars in market research, so they definitely know that this AI revolution isn’t slowing down, and are therefore focusing heavily on training and upskilling workers. Update about the Generative AI for Busy Leaders Book I recently published a book called “Generative AI for Busy Business Leaders” and it hit the #1 Amazon bestseller and #1 new release spots ... Read More
Considering the Risks and Ethical Implications of Using Generative AI
In the rapidly evolving landscape of artificial intelligence, especially Generative AI, it’s crucial to understand the different risks and ethical considerations that come with its implementation. In this post, we'll cover a few of them. Understanding the Risks of Generative AI 1. Bias in AI Models AI models can inherit biases present in training data, leading to unfair outcomes. For instance, an AI used for hiring may show preference towards certain demographics, reflecting biases in ... Read More
Evaluating Pricing Models of Different AI Solutions
In the ever-evolving world of technology, Generative AI (Gen AI) stands out as a groundbreaking innovation, reshaping how businesses approach tasks like content creation and data analysis. Understanding the pricing models of Gen AI solutions is crucial for any organization looking to leverage this technology. Understanding Generative AI Pricing Models Generative AI's versatility in producing text, images, audio, or video means each format comes with its unique pricing model. For instance, ... Read More
Maximizing Return on Investment with AI
In the rapidly evolving world of Generative AI (Gen AI), understanding and prioritizing your return on investments (ROI) is essential. There are two main ROI components: your metrics or Key Performance Indicators (KPIs), and the time to value. This post will delve into these components, providing clarity on how to maximize your Gen AI investments. Understanding Metrics and KPIs Metrics or KPIs are the benchmarks that help gauge the success of your Gen AI investments. They answer the ... Read More
Analyzing Different Dimensions of AI Use Cases
Understanding how to navigate the generative AI space is crucial for any organization looking to harness its potential. To aid in this journey, let's explore a structured approach to evaluating generative AI use cases, focusing on seven key dimensions: data, technology, industry, organization, function, role, and task. This post aims to simplify the complexities of generative AI and provide a clear path for its practical application. Dimension 1: Data When we talk about generative AI in ... Read More
“Generative AI for Busy Business Leaders” Just Launched
I just published a book called “Generative AI for Busy Business Leaders.” It’s a very short book that covers practical frameworks and strategies that’ll help you use AI with your team. It’s listed for only $0.99 on Amazon for a limited time, and all proceeds from the first 30 days will be donated to a good cause. Click here to check out “Generative AI for Busy Business Leaders” on Amazon (only $0.99 for a limited time) New Government Mandates for AI Development The US ... Read More
Understanding the Layers of AI Adoption for Leaders
Artificial Intelligence (AI) has become a buzzword in the business world, promising transformative changes across various industries. However, understanding and adopting AI can seem daunting, especially for those who are new to the field. In this post, we will simplify the complexities of AI adoption and provide a clear roadmap for businesses looking to leverage AI technologies. The Three Layers of AI Adoption At its core, AI adoption can be broken down into three distinct layers, each ... Read More
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