Friday, July 26, 2024

Critical AI Updates: The Perverse Customer Journey + Commercial Construction-specific Application Guide
This week’s AI for the C Suite insights are all about data, custom application guides and meaningful research analysis for middle market leaders. Here’s what you need to know:

AI Research Breakdown:

1. The Perverse Customs Journey: A C-Suite Guide to Combating AI Misuse
A recent article posted through the World Economic Forum spotlights the idea of how organizations might map the “perverse customer journey” to tackle the misuse of generative AI. We break down this idea and extrapolate key takeaways such as:
– Middle market companies often unknowingly facilitate AI misuse through their existing digital infrastructure and services
– Implementing strategic friction points can significantly deter AI misuse without impeding innovation or legitimate use of AI technologies
– Cross-industry collaboration is essential for effectively combating AI threats, as individual company efforts are often insufficient against rapidly evolving misuse tactics
– Click here to subscribe and access our detailed analysis.

2. AI and Financial Crises: What Middle Market Executives Need to Know
Experts from the London School of Economics and the Bank of Canada published the paper Artificial intelligence and financial crises. We break it down for you at AI for the C Suite. A few key takeaways:
– AI adoption in finance is likely to accelerate. Even if you’re not planning substantial AI use immediately, be prepared to adapt as competitive pressures increase
– Be aware that if your competitors are using similar AI systems, it could lead to increased market synchronization. This might create opportunities but also heighten risks during stress events.
– Click here to learn how this affects your organization.

Exclusive New Resource Now Available: Application Guides
Check out our Comprehensive Guide for Estimating Commercial Construction Projects. This guide leverages Claude 3.5 Sonnet to provide a systematic approach to creating accurate cost estimates for commercial construction improving both the estimation process and the final outcome. It is general enough to provide “off the shelf value” yet flexible enough for individual users to modify it to meet their needs.

Exponential Age Data Point
Open AI’s revenue tripled from 2023 to a projected $3.5B for 2024. The company’s current valuation is now $80B.

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Chad