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AI and Business Strategy
Insights Live
20 April 2023
- Expert Advisor and Industry Mentor at Columbia Business School.
- Visiting faculty at INSEAD
- Founder and CEO at Novela, an EdTech startup
- Worked as digital strategy lead for American Express, adidas, and General Motors.
- Interviewed by the BBC, San Francisco Chronicle, Think With Google, WARC, CBC
Radio as technology expert.
- Author of ‘The Digital Skills Guide’ and ‘The State of Marketing Technology’
- Sign up for my newsletter, if you like:
https://hitech.substack.com/ Clarkboyd15@gmail.com
www.linkedin.com/in/clark-boyd-digital/
Today’s Agenda
- The state of play today
- What is generative AI?
- Early use cases
- Key questions to ask
- AI and business
- The customer-centric perspective
- What about employees?
- Tips to get started
Major Shifts in Technology & Work
What is generative AI?
What is generative AI?
How would you build your
business today, from scratch,
using this technology?
Bigger Than Fidget Spinners
The state of play
The world will never
be the same again!
Every industry is
already disrupted!
And if we’re not
careful, AI could even
hurt us…
“AI Will Change Everything!”
We have seen trends
like this before and
after all, AI requires
people to implement it.
ChatGPT makes loads
of mistakes, anyway!
“Or maybe not…”
“The web is about to be
overrun with AI-generated
content explicitly designed
to game the algorithms.”
- Nilay Patel, The Verge
The Ultimate
‘Groupthink’
Experiment
ChatGPT Tells
Us Whatever
We Want to
Hear
Which side are you on?
1. AI will change everything
2. It’s overhyped
(Decimals are permitted)
Let me know in the chat!
InWorld AI Characters
The Risks of Generative AI
There is a Third Way
Curious
Critical
Clear-sighted
Leaders should be:
Understanding Generative AI for
Business
ChatGPT Gets an MBA
and Passes the Bar
If your strategy is to add a chatbot to your
existing business, think again.
This experience is already becoming
commoditized.
Use cases:
How to create and capture new
value
Marketing Sales
Data
management
Customer
service
Does *Anyone* Want to Read This Content?
Marketing Personalization
Marketing Personalization
Sales Training
Generative AI can be used to train staff, to automate processes, respond
to emails, and manage sales documents.
But might we also ask: if AI can replace these tasks and no-one notices
the difference, are they even the right tasks to complete?
Sales Prospecting
https://agentgpt.reworkd.ai/
Generative Agents
AI and Synthetic Data
AI can generate realistic data sets to help businesses model – and then
manage – cyber threats.
Microsoft and Epic partner to bring GPT-4
and generative AI to healthcare providers
“Epic said generative AI will
be used to add natural
language queries and
interactive data analysis
capabilities to SlicerDicer, a
self-service reporting tool
that helps physicians explore
their hunches about medical
problems. With it, physicians
will be able to explore data in
a more intuitive,
conversational way.”
Customer Service
What about employees?
Will AI finally liberate them to “focus on
creative tasks and strategy”?
Speed
Not According to Goldman Sachs
Reframing the Problems
People Using AI > People Not Using AI
Weighing up use cases
Speed
Harvard Business Review
Q&A

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