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Banks hiring AI talent, Apple gets crushed for new ad, and LLMs for spies

AI for Pros: Navigating the Ever-Evolving Landscape of Artificial Intelligence in Business and Employment

Author

Malcolm Frank, CEO
May 13, 2024

A Note from Malcolm

Hey there, innovators!  Another week flies by, and the world of AI keeps churning. 

Last week I had the privilege of attending HFS’ terrific summit in New York, where Phil Fersht and team brought together leaders from across the IT services industry to discuss where they are with enterprise AI. Phil led things off, sharing research that just 5% of enterprises have successfully deployed GenAI, noting “it’s not yet a burning platform; it’s a smoldering platform.”  CXOs in attendance provided confirmation, noting “AI is, by far, our top priority” and yet “we’re being POC’ed to death,” “data debt is holding us back” and “it’s time to stop lying to ourselves, to be real about our internal immaturity on AI, and move forward appropriately.”  

With that lens, here are some highlights from the past week at the intersection of enterprise AI and work:

75% of knowledge workers now using AI consistently

Microsoft/LinkedIn drops its annual report on work trends. “Managers say AI aptitude could rival experience.”  And BYOAI becomes a thing, as 4 out of 5 workers are sneaking their own AI into work to keep up. 

The world’s biggest banks are hiring AI talent twice over

AI’s strategic importance has made those jobs “seemingly immune” from banking’s larger layoffs. 

Apple’s soul-crushing new ad: Confirming the darkest AI fears of many

Who thought this was a good idea? Apple gets slammed for its new iPad ad. 

AI bots are taking over the job application process: everybody is losing

“Spray and Pray” approaches are creating a bot vs. bot battle, leaving both job seekers and companies frustrated.  

TIAA modernizes the customer journey with AI

An inside look at how the financial services giant is addressing a key target area for AI.

Tool of the Week: Corgea

Corgea helps security teams issue fixes for vulnerable code.

Building castles on sand?

HPE study finds most corporate leaders are overconfident on AI, underestimating networking, data and compliance considerations. 

Bumble founder: “Let’s have my AI date your AI to see if we’re a match.”

But many aren’t buying. And, yes, it’s yet another Black Mirror episode becoming reality.   

Can the power grid support the needs of AI?

AI + EVs will greatly outstrip the current (pun intended) capabilities of utilities. Bain experts discuss how to address the issue.

Microsoft introduces “air-gapped” LLMs for spies

Governments aren’t happy. 

The next act in GenAI: How to get AI agents working like humans

Function-specific agents will likely win over the market first.

And one more thing…

Largest ever 3D map of human brain created by Harvard and Google.

1 cubic millimeter of brain tissue took 1.4 petabytes of data, equivalent to 14,000 4K movies.

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