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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI For example, it’s experimenting with using gen AI to automatically read financial statements from corporate customers when assessing loan applications.

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Chief AI officer: What it takes to land the C-suite’s hottest new job

CIO

Assuming the candidate passes muster on those counts, the individual can expect very positive short- and long-term impacts on their careers by taking up this emerging IT leadership role, he says. What is a chief AI officer? I map out a data-driven roadmap that is based on Kurzweil’s predictions,” Coto explains.

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Lufthansa’s digital future takes flight with ‘Digital Hangar’

CIO

“Test, measure, and learn comes with responsibility, so it has a lot to do with a healthy failure culture and leadership.” The Digital Hangar has, of course, begun to work with generative AI, too, with the first iteration being used for the Lufthansa Group staff portal.

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Storytelling for CIOs: From niche to bestseller

CIO

The late Richard Sykes, CIO of pharmaceuticals giant ICI in the 1990s and later a columnist for CIO magazine, famously scripted starkly different scenarios of the future of ICI for board members early in his IT role. Unsurprisingly, generative AI intervenes here. CIO, IT Leadership, IT Skills, IT Strategy

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Rising Tide Rents and Robber Baron Rents

O'Reilly Media - Ideas

Patents—exclusive, government-granted rights intended to encourage innovation—protect pharmaceutical companies from competition and allow them to charge high prices. Once the patents expire, there is competition from so-called “generic drugs,” and the price comes down. What Is Economic Rent?

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Redefining Manufacturing RPA: Navigate Challenges, Embrace Innovations, and Explore High-Impact Use Cases

Trigent

The enhanced interest in RPA is further reinstated by the National Association of Manufacturers (NAM), the digital arm of Manufacturing Leadership Council USA , which found in its survey that 83% of respondents cited reducing cost & improving productivity as key motivations to invest in digital technology.

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Weighing risk and reward with gen AI vendor selection

CIO

Other respondents said they aren’t using any generative AI models, are building their own, or are using an open-source alternative. Synthetic media, which includes AI-generated text, images, audio, and video, grew by 222% compared to the previous year. And the AI writing assistant category grew by 177%.