How Organisations are Getting AI Wrong
May 31, 2024 | 2 minsMichael Kollo – CEO at Evolved AI, discusses the fundamental distinction between data and AI, emphasising that AI is not merely an extension of data infrastructure but represents a whole new paradigm in decision-making. He challenges the common misconception that AI is just a utility, akin to data, by highlighting its potential to revolutionize cognitive processes and decision-making within organizations. Through anecdotes and examples, they underscore the importance of aligning AI with the existing cognitive frameworks within businesses, rather than treating it as a standalone technological solution.
Michael addresses the prevalent fears and misconceptions surrounding AI, particularly the concern that it will replace human workers. He argues that AI should be viewed as a business function rather than a support function, emphasising its potential to augment human capabilities and drive value creation. Additionally, Michael stresses the importance of cultural readiness and adoption within organisations, highlighting the need to address employees’…