ChatGPT's Innovation Paralysis
Quote from Ndubuisi Ekekwe on December 3, 2023, 7:36 AMThis is one aspect of generative AI that we should pay attention to: generating a lot of decisions that one may get confused on the whole innovation process.
Generative AI's potential for managers is staggering and likely limitless, but it isn't perfect, The Economist notes. It cites a Cornell study that found a person can generate five ideas in 15 minutes on their own; give them ChatGPT, and the number soars to 200. But the tech can get tripped up without much training data to work with. So, how can managers harness the best of generative AI? Experts recommend setting clear guidelines on its use, employing a focused "lighthouse approach" with wide visibility across the organization, and "above all, use it yourself."
This is one aspect of generative AI that we should pay attention to: generating a lot of decisions that one may get confused on the whole innovation process.
Generative AI's potential for managers is staggering and likely limitless, but it isn't perfect, The Economist notes. It cites a Cornell study that found a person can generate five ideas in 15 minutes on their own; give them ChatGPT, and the number soars to 200. But the tech can get tripped up without much training data to work with. So, how can managers harness the best of generative AI? Experts recommend setting clear guidelines on its use, employing a focused "lighthouse approach" with wide visibility across the organization, and "above all, use it yourself."