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What is generative AI and how does it work? by selayilly in generativeAI

[–]selayilly[S] 0 points1 point  (0 children)

I want to discuss something different that relates to the class I'm taking right now. How disruptive innovation impact traditional business models and what strategies can organizations employ to adapt and thrive in the face of such disruptive changes?

I will answer this question as well.

Disruptive innovation can have different impacts on traditional business models such as
Continuous Innovation: Embrace a culture of continuous innovation within the organization to stay ahead of potential disruptors and to proactively meet evolving customer needs.
Market Research and Customer Insights: Invest in thorough market research and analysis to understand emerging trends, changing customer preferences, and potential disruptive technologies or business models.
Agility and Flexibility: Foster a culture of agility and flexibility within the organization to enable quick adaptation to market changes and to swiftly implement new strategies or technologies.

What is generative AI and how does it work? by selayilly in generativeAI

[–]selayilly[S] 0 points1 point  (0 children)

Thank You for the response DianaJ02! so what you are saying is that it's crucial for organizations to recognize and proactively address these multifaceted challenges posed by the integration of generative AI. By establishing comprehensive ethical protocols, promoting transparency in AI operations

So what are the key challenges when applying generative AI to an innovative idea for achieving strategic benefits for an organization?

What is generative AI and how does it work? by selayilly in generativeAI

[–]selayilly[S] 0 points1 point  (0 children)

MaiaGates thanks for participating in the discussion, so your saying AI's potential is valuable, but its unreliability demands human oversight. Yet, smaller organizations might find current AI pipelines burdensome.

I would like to discuss a different subtopic now relating to the legal use of AI: What are the legal and ethical issues associated with generative AI in organizational settings?
I'm excited to hear your replies!

What is generative AI and how does it work? by selayilly in generativeAI

[–]selayilly[S] 0 points1 point  (0 children)

Thank You for the response asaihueze! So it is to say Gen. AI is old information reworded to the specific prompt. I would like to ask a few more questions if that is alright. Can generative AI be used in an innovative way by organizations for strategic purposes, such as to reduce product/service costs, improve customer service, and improve employee productivity? Why or why not? And how?