• 4 - Generative AI...What's the ROI?

  • Sep 20 2024
  • Length: 14 mins
  • Podcast

4 - Generative AI...What's the ROI?

  • Summary

  • In this episode of Tomorrow's Trends, host Ira Sharp explores the hype and potential ROI of generative AI. The discussion covers AI's historical context, its rapid rise with ChatGPT, and examines practical uses and benefits of large language models (LLMs).

    Ira also delves into the impacts on various industries like finance, healthcare, manufacturing, and education, and addresses the economic and infrastructural challenges posed by generative AI. By the end, you'll have a clearer understanding of how to leverage AI in your own business practices.


    00:00 Introduction and AI Overview

    00:26 The Buzz Around AI

    00:51 The Impact of ChatGPT Since November 2022

    01:08 Availability and Use Cases of Generative AI

    02:06 Explanation of Generative AI Using Perplexity

    02:55 Introduction to Large Language Models (LLMs)

    04:29 Training LLMs on Custom Data

    05:50 Real-World Applications of Generative AI

    06:00 Producing Quality Content at Scale

    07:22 Scaling and Repurposing Content

    07:49 Bolstering Data Science and App Development

    09:02 Generative AI in Sensitive Industries

    10:31 Generative AI Across Various Sectors

    11:07 ROI Discussion and Industry Readiness

    12:32 Challenges in Data Centers and Infrastructure

    13:33 Addressing Resource Demands

    13:57 Hype Cycle and Long-Term Investments

    15:15 Tools and Cautionary Notes on AI Usage

    15:57 Closing Thoughts and Listener Engagement


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    Connect with Ira Sharp on LinkedIn:⁠ http://www.linkedin.com/in/irasharpjr About Industry Sage Media:

    Industry Sage Media is your backstage pass to industry experts and the conversations that are shaping the future of the manufacturing industry. Learn more at: ⁠http://www.industrysagemedia.com⁠


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