Now showing items tagged artificial intelligence

Recently, I’ve been diving into research about our declining appetite for uncertainty. In an age where information is instantly available, the idea of being uninformed can be deeply unsettling. Most of us wouldn’t dream of going to a restaurant, booking a hotel, or planning a tour without reading reviews first. While some of this is about avoiding disappointment, it also reflects a broader need to feel a sense of certainty and control over the future—even if, deep down, we know this is just an illusion.

Is our knowledge exceeding our wisdom? While the two terms are often associated, they are far from synonymous. In an age saturated with information, the ability to handle this knowledge is essential – and yet, we are at risk of a dangerous wisdom deficit.

In recent weeks, I’ve been reflecting on the degree to which my own profession and profile makes it hard to prioritize wisdom. Whether it’s speedily scanning volumes of research in preparation for a presentation, assembling bite-sized content pieces to share on social media, or crafting soundbite responses for media interviews, I too easily find myself merely trading in knowledge and information. While quality trumps quantity when it comes to thinking and ideas, I increasingly find myself consumed in the quantity game all too often.

The best way I’ve heard the role of AI in today's corporate world describes is as a multivitamin or a painkiller. As a multivitamin, it can supercharge your activities, working alongside employees to ensure that outcomes are achieved to a greater level of quality, efficiency and productivity. As a painkiller, it takes over all the tasks that are common headaches for workers, freeing them up to focus their attention on more valuable and gratifying work.

In the banking and finance sector, AI is set to enable significant productivity gains for those that integrate it. Providing automated reporting, improving risk transparency, automatically updating policies and procedures and performing compliance and risk audits are among the ways generative AI will be capable of improving efficiency. Beyond this, algorithms can analyse vast amounts of financial data to identify patterns and trends, enabling more accurate predictions and informed decision-making.[1]

Whatever game you are playing, generative AI is changing it. As the capabilities of the technology continue to proliferate, our societies are in the midst of fundamental change - as sizable as that generated by the advent of the printing press.

2024 is set to be another massive year for AI as we continue to see big companies integrate it into their operations, jobs evolve with the takeover, and regulations play catch up.

We often think of the world of farming and agriculture as the antithesis of the technological hubs of places like Silicone Valley. Our urban Internet of Things feels worlds away from the earthier environments that keep our people fed and our societies functioning. It’s easy to forget that one of the industries where tech innovation is hitting the ground most effectively is agriculture.

Agricultural technology, or ‘agtech’, is moving just as quickly as the technology in other industries, and is significantly improving the efficiency, profitability and sustainability of farming. Significantly, agtech is boosting precision agriciulture which is based on precise monitoring and measurement of the environment and aims to maximise farm outputs. Particularly as concerns grow surrounding food wastage and the health of our environments, the sensors, drones and autonomous technology now being used on farms are providing solutions that are both effective and timely for farmers.[1]

Robo-farmers aren’t afraid to get their hands dirty.

The tides are changing in the world of recruitment, as the impact of AI and the post-pandemic workplace shifts continue to proliferate. The process of attracting workers, advertising jobs and adjusting workplaces is becoming increasingly complex as these forces change the way we have grown used to doing business. Here’s what you need to know.

Generative AI & The Job Hunt

As with every industry at the moment, recruitment is facing major disruption at the hands of AI. While some recruiters may lose jobs lost to the technology, most will find that their work is made much more efficient, precise and free of bias. The simplest way it will improve efficiency is by automating the repetitive tasks that recruiters must engage in, such as direct messaging potential workers, crafting job outlines and personalising the responses to applicants.[1]