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Curbing ChatGPT’s enthusiasm to avoid getting stuck Midjourney
Executive Summary
Australian organisations are adopting Artificial Intelligence (AI) and Machine Learning (ML) technologies at a rapid rate. Under the umbrella of AI/ML, Generative AI is emerging as a key tool in unlocking that value.
The intent of this foundational report is to help Data Leaders explain the business principles involved in these initiatives, to create a common language, and accelerate adoption in a responsible way.
Data Leaders pursuing responsible value from Generative AI should:
- Position these technologies within the right context.
- Develop strategies that deal with commercial questions.
- Examine the opportunity for the organisation to compete in a global marketplace.
- Review general and specific opportunities for Generative AI.
- Investigate Generative AI’s limitations and implied risks.
As part of a set, this report will relate to ADAPT’s ongoing research into the prevailing trends and opportunities for Generative AI.
An ADAPT Market Trends report will provide business recommendations to manage AI risks in general, while an ADAPT Best Practices report offers practical guidance for mitigating those risks. An ADAPT Market Trends report explores the alignments needed across corporate, people and data strategies. Finally, an ADAPT Market Trends report sorts facts from fiction to unlock the exponential value of Generative AI.
