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Posts Tagged ‘AI profitability’

MCADCafe Industry Predictions for 2025 – Innovmetric

Wednesday, December 18th, 2024

By Marc Soucy, PhD President and co-founder, InnovMetric

Marc Soucy, PhD

Three tips for adopting generative AI in business in a cost-effective and safe manner

November 30, 2022 will forever remain a day to remember in human history. It was on this date that the ChatGPT generative AI system was publicly launched, triggering a phenomenal media and popular buzz. In the early days, futurists who didn’t really understand how this technology worked promised us the moon. AI would automate a multitude of mind-numbing tasks while putting millions of people out of work. Then we realized that AI was neither a logical nor a mathematical tool but rather a statistical technology and that it could hallucinate if we talked with it for too long. Having regained our senses, we finally realized that generative AI was a powerful tool, but with limitations, like so many others. In particular, generative AI can annotate, segment, correlate, and synthesize information faster than a human.

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