What Does the AI Boom Mean for Businesses Today?

Posted on the 27 October 2024 by Jnoble100 @jnoble100

In this post, I explore the transformative impact of artificial intelligence and why it's not just a passing trend, it's reshaping industries and redefining the way we work and interact. This is your guide to understanding and capitalising on the AI-driven future.

(1) AI as the new OS: AI will soon be a standard interface across industries, where today's "wrappers" become tomorrow's essential middleware.

(2) Data fuels AI, models refine it: data may be the oil of the digital world, but models are the refineries. The real power will lie with those developing the best tools for fine-tuning and deployment.

(3)AI commoditisation is here: as AI becomes standard, the real value shifts to what else you bring - user experience, distribution, and brand.

(4) Rise of the 'AI-native' workforce: the next generation of leaders are those coming up with AI as second nature. Hiring them now could be a game-changer for our teams and companies.

(5) Prompts over code: crafting effective AI prompts will soon matter more than the code itself. A new wave of "AI whisperers" will be the key players.

(6) Opportunities are massive: this market has staggering potential. While some well-backed companies will make big strides, there's room for small, niche ideas - ideal for those who can pinpoint a killer feature and build a strong community.

(7) Boring businesses with big data: the standout AI opportunities may not be in flashy tech companies but in established data-heavy businesses ready to leverage AI. (I'm working on a list.)

(8) Rise of "AI naturalists": as AI saturates the market, a counter-movement will emerge, similar to the anti-crypto wave we saw. Every tech cycle brings a pushback.

(9) When every company is 'AI-driven': the term 'AI' loses its weight when it's everywhere. We're already on that path.

This is just the beginning, the opportunities are out there for everyone, not just the tech giants.