Building Your First Board: Lessons for Founders
It takes more than intuition and expertise to assemble a team of directors who can help firms stay profitable and healthy. Sooner or later, every successful entrepreneur confronts the challenge of establishing a board of directors. Yet many founders approach this task too casually, relying on intuition rather than learning from empirical research or other…
Reframing the Competition
Research shows that the size of competition affects motivation and participation, even when the odds of winning are equal. Reframing competition details, such as highlighting the total prize pot and simplifying the likelihood of winning, can significantly increase participation. Brands can use these insights to design more effective competitions and engage with their target audience.
AI governance is rapidly evolving — here’s how government agencies must prepare
The global AI governance landscape is rapidly evolving, with 668 national initiatives in 69 countries. Government agencies must prioritize human-centered governance, including accountability, AI literacy, and collaboration with academia and industry. To prepare, agencies should designate accountable leaders, provide applied governance training, and evaluate AI inventory beyond algorithmic impact assessments. Creating a culture of responsibility…
More Newspapers Join the Copyright Battle Against OpenAI, Microsoft
OpenAI and Microsoft face lawsuits from eight newspapers over copyrighted material use in GenAI products, presenting fair use debates. As legal battles unfold, licensing deals could shape the future of GenAI space. Data governance policies like APRA and user community pressure may impact resolutions, while transparency and data value questions persist.
How will quantum impact the biotech industry?
Quantum computing is revolutionizing biotech, offering solutions for complex problems in personalized medicine and drug development. Quantum's probabilistic nature allows for unprecedented computational abilities, complementing classical computing. Industries are pivoting to quantum, with biopharma companies piloting quantum solutions. IBM and Moderna are pioneering quantum advancements for more efficient mRNA research, promising a new era in…
Navigating the Generative AI Landscape: A Strategic Blueprint for CEOs and CIOs
Generative AI holds immense potential for business transformation. This necessitates a strategic approach, embracing a culture of innovation, identifying impactful use cases, seeking scalable wins, and enforcing ethical AI practices. By adopting rapid deployment, agile experimentation, and a commitment to continuous learning, organizations can unlock the power of generative AI while maintaining trust and gaining…
Repeat Offenders: Black Basta’s Latest Healthcare Cyberattack
The healthcare industry faces mounting cyberattacks, with Ascension being the latest victim of a disruptive ransomware attack. Threat actors targeting the industry continue to pose a significant threat, raising concerns about patient care and cybersecurity scrutiny. The industry is under pressure to enhance cybersecurity measures amidst limited resources, while also considering government support. __JETPACK_AI_ERROR__
Why CIOs Are Under Pressure to Innovate
As businesses increasingly rely on technology for growth, the role of the CIO has evolved into that of an innovator, going beyond managing tech systems to driving strategic business changes and improving customer experience. This shift requires a high-tech, high-touch mindset, strong leadership alignment, and broader involvement in the revenue cycle.
The CFO’s role in the age of generative AI
CFOs are navigating challenges while leveraging generative AI to drive business value. The IBM report highlights CFOs' evolving roles, emphasizing the need for understanding AI's business impact. CFOs are encouraged to embrace generative AI to optimize finance functions and improve decision-making, with potential benefits including enhanced efficiency and reduced errors.
What You Need to Know about AI as a Service
AIaaS allows access to powerful AI tools at a reduced cost, addressing the lack of AI skills in enterprises. The future looks promising, with significant growth expected. Benefits include cost-effectiveness and rapid deployment. However, challenges like data privacy, cost control, integration complexities, and ethical issues need to be addressed carefully. Multiple providers offer AIaaS.
Cloud-Native Software: What it Is, How We Got Here, and Why it Matters
Cloud-native software represents a significant shift in app development, leveraging disaggregated microservices and standardized cloud infrastructure. This approach offers benefits like elasticity, resiliency, speed, and business agility. However, it's crucial to grasp that true cloud-native apps interact with disaggregated cloud services and are fully manageable as code, distinct from simply hosting traditional apps in the…
The Rise Of Application Generation Platforms
GenAI, at its extreme, could disrupt the software industry, allowing for autonomous, optimized software generation. Forrester predicts a more realistic future lies in Application Generation Platforms, incorporating generative AI and low-code tools to streamline software development, integrating agile and DevOps principles, and democratizing development. AppGen platforms are expected to mature within three years.
DNA is an Ancient Form of Data Storage. Is it Also a Radical New Alternative?
The increasing demand for data storage has led to exploration of DNA as a revolutionary storage medium. DNA's potential to store data efficiently for thousands of years, with significant density and stability, presents a promising solution to the limitations of traditional storage methods. While still facing challenges, DNA data storage is rapidly advancing, offering efficient…
Development Productivity in the Age of Generative AI
The rise of generative AI technology has led many AWS customers to prioritize productivity gains, focusing on both individual and team development productivity. Measures such as system and team health, CI/CD processes, and employee well-being play a crucial role in understanding and improving development productivity. Utilizing tools like Amazon Q Developer can further enhance outcomes…
Scaling generative AI with flexible model choices
This blog series demystifies enterprise generative AI for business and technology leaders, offering simple frameworks and guiding principles for their AI journey. Model choices matter to spur innovation, customize for advantage, accelerate time to market, stay flexible, optimize costs, mitigate risks, and comply with regulations. IBM provides multimodel strategy and foundation models with an optimal…