{"id":8340,"date":"2023-07-13T11:28:15","date_gmt":"2023-07-13T11:28:15","guid":{"rendered":"https:\/\/www.headlandconsultancy.com\/international\/?post_type=insight&#038;p=8340"},"modified":"2023-07-13T12:47:19","modified_gmt":"2023-07-13T12:47:19","slug":"demonstrating-ai-leadership-as-the-hype-cycle-slows","status":"publish","type":"insight","link":"https:\/\/www.headlandconsultancy.com\/international\/insight\/demonstrating-ai-leadership-as-the-hype-cycle-slows\/","title":{"rendered":"Demonstrating AI leadership as the hype-cycle slows \u00a0"},"content":{"rendered":"\n<p>It\u2019s difficult to think of a recent hype-cycle like we\u2019ve seen with generative AI. The Metaverse had its moment. Then it very quickly didn\u2019t. Crypto and NFTs came. Then, for most of us, they retreated from view. For those not following AI in the broader sense closely over the last decade or so (or if you haven\u2019t seen Minority Report or The Terminator) you\u2019d be forgiven for thinking we witnessed the birth of the technology late last year.&nbsp;<\/p>\n\n\n\n<p>Since ChatGPT launched in November, it\u2019s been almost impossible to read the news without falling over artificial intelligence. Stories have ranged from the initial potential of the tech to surprise and delight; to new use-cases at work; the winners and losers from an investment standpoint; the risk it poses to privacy, safety and misinformation; jobs and industries affected; the list really does go on.&nbsp;<\/p>\n\n\n\n<p>Those businesses with the speed, agility and guile to plug the likes of GPT-4 into their existing tech stacks soon after the release of the technology were seeing high profile media coverage for their ingenuity \u2013 with tech and industry vertical journalists consistently hungry for the next big AI story across their beat.&nbsp;<\/p>\n\n\n\n<p>Eight or so months later and that hunger is still there \u2013 but the bar has certainly been raised in terms of what\u2019s newsworthy. It\u2019s now not enough just to speculate about what AI <em>could <\/em>do for a business or industry. Today\u2019s discussion is focused on what it already <em>is <\/em>doing, the impact it\u2019s driving, as well as the scale of usage or investment in AI companies. According to <a href=\"https:\/\/www.gartner.com\/en\/doc\/749318-emerging-technologies-and-trends-impact-radar-2022-excerpt\">Gartner<\/a>, for example, AI will be utilised in 50% of drug discovery and development projects within just the next two years.<\/p>\n\n\n\n<p>So with listed businesses clamouring for any AI mention they can squeeze into their earnings reports, significant adoption of the technology among enterprises and media just starting to feel AI fatigue, how can you still drive cut-through with media?<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The old adage of \u2018show, don\u2019t tell\u2019 has never rung truer<\/strong><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>This is the moment to let the use-cases of AI play centre-stage \u2013 and the more unique in terms of deployment, and demonstrable in terms of impact, the better. Moving away from the theoretical into the practical is key. Lots of reporters have already discussed generative AI\u2019s ability to write content, draw imagery and ultimately drive efficiencies. But can you demonstrate practically how it\u2019s performing more complex, niche or surprising tasks? Whether that\u2019s aiding genetic modelling to help treat diseases, streamlining manufacturing to reduce waste or even helping lawyers quickly summarise vast and complex documentation, the <em>what<\/em> in this instance is still as interesting as the <em>how<\/em>.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Have a real viewpoint on AI regulation<\/strong><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>\u2018AI needs the proper guardrails\u2019 has been one of the phrases of 2023. In fact, in the last 12 months, \u2018AI\u2019 and \u2018guardrails\u2019 have been mentioned together over 8,000 times in English-speaking media and blogs, by nearly 2,000 different people (Brandwatch). So frankly, if you want to stand out from the crowd with your AI perspective, you need to come to the media with something substantial.<\/p>\n\n\n\n<p>Media across the globe are (quite rightly) regulation-obsessed right now \u2013 so taking a forthright and direct stance on what areas require most attention, and educating the media on the areas regulators should consider, will help you cut through the surround sound.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Demonstrate a clear understanding of where generative AI fits within the broader AI picture<\/strong>&nbsp;<\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>This is most important for technology leaders and businesses. AI isn\u2019t new \u2013 and as consumers we\u2019ve been using AI and machine learning, mostly unknowingly, for years. Whether it\u2019s facial and voice biometrics to authenticate banking transactions; predictive analytics for shopping and journey planning; or domain-specific chat-bots to aid processes like finance and healthcare, AI has been a part of our social and working lives for more than a decade. Showcasing where generative AI fits into this broader mix, and where your organisation has already been deploying more \u2018traditional\u2019 AI over time, will help demonstrate that industry knowledge \u2013 adding weight to your point of view.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Switch the debate from doomsday to a new dawn<\/strong><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>Generative AI has continually been linked with job losses, data privacy issues and even been posed as a credible threat to the human race as it grows in intelligence and intuition. While these views aren\u2019t to be dismissed, it\u2019s worth noting there\u2019s a largely binary story arc around the topic, and there\u2019s a clear opportunity to present the opposing argument where you see one.&nbsp;<\/p>\n\n\n\n<p>For businesses that can quantify the positive prospect AI presents to them, and the technology industry more broadly, there is an opportunity to reframe the debate and educate media around the possibilities of the technology. A recent Google study found AI could deliver a <a href=\"https:\/\/www.thetimes.co.uk\/article\/ai-could-bring-400bn-boost-to-uk-economy-says-google-pl7q3hhzb\">\u00a3400 billion boost to the UK economy<\/a> with the right investment, for example, with the piece touching on the areas the government should focus on and specific areas that could benefit, like education and healthcare.<\/p>\n\n\n\n<p>There\u2019s no doubt that generative AI has been a, if not <em>the<\/em>, key driver of business media coverage since the turn of the year. While the likes of the Metaverse has seen its hype cycle ramp up and almost disappear, generative AI looks to be here to stay. Those that move quickly as the story evolves will stand to win the war on AI prominence. Developing a comms strategy that sets you apart from the crowd will be key.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong><em>Read more <a href=\"https:\/\/www.headlandconsultancy.com\/international\/insights-and-news\/\">Insights &amp; News <\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s difficult to think of a recent hype-cycle like we\u2019ve seen with generative AI. The Metaverse had its moment. Then it very quickly didn\u2019t. Crypto and NFTs came. Then, for most of us, they retreated from view. For those not following AI in the broader sense closely over the last decade or so (or if [&hellip;]<\/p>\n","protected":false},"featured_media":8348,"menu_order":0,"template":"","services":[24],"sectors":[],"class_list":["post-8340","insight","type-insight","status-publish","has-post-thumbnail","hentry","services-corporate-communications"],"acf":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Demonstrating AI leadership as the hype-cycle slows<\/title>\n<meta name=\"description\" content=\"It\u2019s difficult to think of a recent hype-cycle like we\u2019ve seen with generative AI. . 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