As our understanding of AI improves, its scope of application increases and the world of business grants is no exception. Finding grants and then applying can be a time consuming exercise, whether it’s the business owner themselves doing it or a professional grant writer. Also, it requires a level of knowledge as well as a … Read more
According to the latest statistics, there were a total of 1,797 active high growth AI start-ups in the UK, with investments totalling £3.21bn in equity funding in 2022 alone. Another report puts the total number of UK AI start-ups that received funding of $1.5m and over between 2013-2023 at 727. This second metric is important … Read more
“We see the wave coming. Now this time next year, every company has to implement it — not even have a strategy. Implement it.” — Emad Mostaque, founder and CEO, Stability AI PROBLEM: KEEPING UP WITH AIIn our last AI blog we stated that the impact of artificial intelligence on transforming business functions cannot be … Read more
“Sometimes time spent reinventing the wheel results in a revolutionary new rolling device. But sometimes it just amounts to time spent reinventing the wheel.” – Steve Krug PROBLEM: REINVENTING THE WHEELReinventing the wheel in software development wastes time and resources, often leads to suboptimal solutions, and misses learning opportunities. In contrast, standardised cross-functional work improves … Read more
“The only place where success comes before work is in the dictionary.” – Vidal Sassoon PROBLEM: PUTING AI TO THE TESTLike the Turing Test, there has to be another practical work related test for the usefulness of AI to business. The simplest way of sampling this is simply to select a random Top Ten of … Read more
PROBLEM So what’s the Problem we are uncovering today? It’s all about Existentialism. The threat to human existence not just from AI but from AI and the 5 Forces and the ultimate goals of very large Tech companies. It’s also about how Regulators are being blindsided. KEY POINT Is this threat worse than we thought or … Read more
REFERENCE POINTS LEVERAGING PROMPTS In the early days of AI adoption (just a few months ago), becoming a Prompt Engineer for yourself seemed like a very good option. But the bar has been raised many times since then and third party solutions are now readily available to leverage without necessarily having to try to swim … Read more
The average return on investment in AI is 3.5 times, and on average, businesses realise a return on their AI investments within 14 months of deployment. IDC Survey – The Business Opportunitiy of AI REFERENCE Over the past few months we have created a series of Blogs about overcoming AI Problems and successfully implementing AI … Read more
“A leader is one who sees more than others see, who sees farther than others see and who sees before others see.” – Leroy Eimes, author and leadership expert . KEY POINT The AI Problem we are solving today is this: This is an important part of the AI Adoption Puzzle to solve because: INTRODUCTION “Follow … Read more
“There’s two types of companies: those who are great at AI and everybody else,” Cuban said. “And you don’t necessarily have to be great at AI to start a company, but at some point, you’re going to have to understand it. It’s just like the early days of PCs. You didn’t have to be good … Read more
