4 - Generative AI...What's the ROI?

In this episode of Tomorrow's Trends, host Ira Sharp explores the hype and potential ROI of generative AI. The discussion covers AI's historical context, its rapid rise with ChatGPT, and examines practical uses and benefits of large language models (LLMs).

Ira also delves into the impacts on various industries like finance, healthcare, manufacturing, and education, and addresses the economic and infrastructural challenges posed by generative AI. By the end, you'll have a clearer understanding of how to leverage AI in your own business practices.

00:00 Introduction and AI Overview

00:26 The Buzz Around AI

00:51 The Impact of ChatGPT Since November 2022

01:08 Availability and Use Cases of Generative AI

02:06 Explanation of Generative AI Using Perplexity

02:55 Introduction to Large Language Models (LLMs)

04:29 Training LLMs on Custom Data

05:50 Real-World Applications of Generative AI

06:00 Producing Quality Content at Scale

07:22 Scaling and Repurposing Content

07:49 Bolstering Data Science and App Development

09:02 Generative AI in Sensitive Industries

10:31 Generative AI Across Various Sectors

11:07 ROI Discussion and Industry Readiness

12:32 Challenges in Data Centers and Infrastructure

13:33 Addressing Resource Demands

13:57 Hype Cycle and Long-Term Investments

15:15 Tools and Cautionary Notes on AI Usage

15:57 Closing Thoughts and Listener Engagement

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Connect with Ira Sharp on LinkedIn:⁠ http://www.linkedin.com/in/irasharpjr About Industry Sage Media:

Industry Sage Media is your backstage pass to industry experts and the conversations that are shaping the future of the manufacturing industry. Learn more at: ⁠http://www.industrysagemedia.com⁠