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5 Reasons Foundational Models Are The Future of AI

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Read Time:2 Minute, 48 Second

We’ve all seen firsthand how technological advancements can drive profound changes in our economy. In this era of digital transformation, one of the most promising developments in artificial intelligence (AI) is the rise of foundational models, like GPT-4 from OpenAI. These large-scale machine learning models, trained on diverse Internet text, show an unprecedented versatility and are now being considered as foundational building blocks for a range of AI applications. In this blog post I will present 5 reasons why foundational models represent the future of AI. read more

Posted On : Published By : Shawn Harris
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A Framework for Assessing the Implications of Large Language Models on Society

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Read Time:4 Minute, 15 Second

tl;dr – Large Language Models (LLMs) like GPT-4 are transforming our sociocultural interactions, pushing technological boundaries in AI, creating economic shifts through automation and new job roles, raising environmental concerns due to energy-intensive training, influencing political landscapes potentially through propaganda generation, and posing new legal questions about content responsibility and copyright. As we leverage these powerful models, it’s crucial to navigate these challenges responsibly, ethically, and sustainably, ensuring a future that aligns with our shared values. read more

Posted On : Published By : Shawn Harris
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Digitization and the Retail Revenue Reset #retail #economy #leadership

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Retailers are feeling significant pressure as digital takes a greater and greater hold of the industry. Many say that digitization actually brings demonetization. This will result in a massive shift in the share pie for retailers. What once was a great traditional retail business, will become a much smaller primarily online business. I thought I'd take a stab at visualizing that. Thoughts?

Posted On : Published By : Shawn Harris
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Should Zappos take steps into the hospitality world?

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"When people talk about Zappos, it’s not just about the great pair of shoes they scored, but the awesome customer service they received. It truly has become a tangible asset that is synonymous with the Zappos brand. In extending the brand to hotels and beyond, the customer satisfaction bar will be set high. Execution will be key to protecting the brand’s equity. Also I could see some Amazon (the parent company) products and services being a part of this." ~Shawn Harris

Posted On : Published By : Shawn Harris
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Is Omnichannel Even Possible?

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I believe that 97.5 percent of today's traditional retailers will NOT survive the earthshaking transformation that is currently occurring in their industry. Changes in the customer shopping behavior and preferences, rise of on-line shopping, local and state government push to increase minimum wage, and uncertainty in the global economy have placed quite a few obstacles in front of retailers.

Posted On : Published By : Shawn Harris
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What will humans do when machines can do almost everything? #AI #Robotics #jobs #WhatIsWork #economics

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Artificial intelligence experts predict that intelligent and semi-intelligent autonomous systems — such as self-driving cars and autonomous drones — "will march into our society" in the next two to three years, with driving expected to be fully automated in 25 years, a panel of experts said at a 13 February news briefing at the 2016 AAAS Annual Meeting.

Posted On : Published By : Shawn Harris