Breaking down the wall. Eighteen months into the era of Generative AI (GenAI), a recent study by Microsoft and LinkedIn reveals that AI is already being integrated into workplaces at an unexpected scale. The study highlights that 75% of knowledge workers are currently using AI at work, with 46% of these users having started in the last six months. The impact is tangible:
Time-saving and Efficiency: 90% of users report that AI helps them save time.
Focused Work: 85% say AI allows them to concentrate on their most important tasks.
Creativity Boost: 84% feel more creative with AI tools.
Job Satisfaction: 83% enjoy their work more when using AI.
Despite these benefits, there are concerns among leaders about quantifying AI's productivity gains, with 59% expressing this worry. Additionally, 60% of leaders are anxious about their organization's lack of a clear plan and vision for AI implementation.
Interestingly, 78% of AI users are bringing their own AI tools to work (BYOAI), a practice more common in small and medium-sized companies (80%). This trend spans across all generations, debunking the myth that only Gen Z is driving AI adoption.
However, there is still some hesitation among workers. Over half (52%) of AI users are reluctant to admit using AI for their most critical tasks.
Leaders who are "extremely familiar" with AI foresee it being as transformational as the shift from typewriters to computers. In the next five years, 41% of these leaders expect to redesign business processes with AI, 38% plan to orchestrate AI bots, and 47% anticipate ensuring ethical AI use will be a core part of their roles.
Hiring trends reflect this AI-driven future, with technical AI talent recruitment up by 323% in the past eight years. Now, the focus is shifting towards non-technical talent with AI skills:
Hiring Preferences: 66% of leaders would not hire someone without AI skills.
Preference for AI Aptitude: 71% would hire a less experienced candidate with AI skills over a more experienced one without.
Empowering Junior Talent: 77% of leaders believe AI will allow early-career talent to take on greater responsibilities.
Despite recognizing the importance of AI aptitude, many leaders are not investing in developing their existing employees' AI skills. Nearly half (45%) of US executives are not currently investing in AI tools or products for their employees, and only 39% of global AI users have received AI training from their companies. Furthermore, only 25% of companies plan to offer training on generative AI this year, highlighting a significant training deficit.
As AI continues to surge ahead, leaders must balance the recruitment of new AI talent with the development of their current workforce to fully harness AI's transformative potential. I started RealmIQ over a year ago with the mission that education and upskilling was necessary and the greatest opportunity for AI to succeed. The same holds true today as evidenced here. The sooner companies can create an AI-Org to embrace and inspire the use ethical use of AI within their organization, the better. For the Company as well as the mental health of their employees, who are burnt out and looking for solutions. Let this business transformation take place. Take down that wall!
New Books
I am very proud of Andeed Ma’s new book AI for Humanity: Building a Sustainable AI for the Future
By authors Mr. Andeed Ma, Dr. James (Kayliang) Ong and Ms. Siok Siok Tan
Harnessing the value of exponentially changing AI while mitigating its most salient risks with wisdom. "AI For Humanity: Building a Sustainable AI for the Future" delivers an incisive and timely discussion of how to nurture cutting-edge AI in a responsible, sustainable, and ethical way.
View the video and order your copy today!
I just bought The Best AI Tools for Designers: How to Supercharge Your Creativity with AI - For Brand, Graphic & Motion Designers by Ulrike {Eu-re-kah} Kerber. A thorough analysis of the different AI tools but also how creatives can use it in a real world applications. Ulrike has been a colleague for years and to watch her document her AI Journey as a service is commendable.
PLEASE DO YOURSELF A FAVOR AND BUY THIS BOOK!!!!
AI Roundup
Hollywood Nightmare? New Streaming Service Lets Viewers Create Their Own Shows Using AI
Fable, the studio behind the viral AI-generated 'South Park' clips, has announced a streaming platform that allows users to create their own content.
Overcoming the Trust Gap With Gen AI
By investing in employees’ education around AI, businesses are setting themselves up for the future of work. Risk mitigation and compliance grow out of governance and how human employees use the tool in workflows. To do so, employees require AI literacy, skills development, and an eagerness to work in an AI-fueled marketplace. When employees see the value in their work and understand how and why it is occurring, fears of mass job replacement are mitigated as they embrace the reality—it is not humans or machines performing the work; it is both, together.
Memo to Hollywood: AI Is a Threat — And an Opportunity
Evolving tech is blurring lines and encroaching on artists’ terrain. But rather than just fighting AI, the industry must harness it in creative new ways, writes power player Dawn Ostroff.
Events
I am moderating two sessions at Digital Hollywood. Here are the details:
Tuesday, July 23rd, 2024
Session IV:
2 PM – 2:50 PM - Eastern Time Zone
The AI Start-Up Dream Team: Strategies for Success: Unique Founders, PhDs, Genius Advisors, Venture Board
Speakers:
Curt Doty, Founder, RealmIQ, Moderator
Jeremy Toeman, Founder and CEO, AugX Labs
Mitchell Posada, Co-Founder, 3TGTM
Huipin Zhang, CEO & Founder, Visla, Zoom Founding Team
Additional speakers to be announced
Speaker Bios and Session Information - Click Here
Session IV:
4 PM – 4:40 PM - Eastern Time Zone
AI & the Design of Randomness: Unlocking the Inner Jackson Pollock
Speakers:
Neil Leach, Architect, Curator, Visiting Professor, Harvard University, Gao Feng Professor, Tongji University and Adjunct Professor, University of Southern California
Ulrike Kerber, Principal and Creative Director, Viva Design
Sandu Baciu, founder, Baciu Co.
Curt Doty, Founder, RealmIQ, Moderator
Speaker Bios and Session Information - Click Here
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About the Author
Curt Doty specializes in branding, product development, social strategy, integrated marketing, and UXD. He has extensive experience on AI-driven platforms MidJourney, Adobe Firefly, ChatGPT, Murf.ai, and DALL-E. His legacy of entertainment branding: Electronic Arts, EA Sports, ProSieben, SAT.1, WBTV Latin America, Discovery Health, ABC, CBS, A&E, StarTV, Fox, Kabel 1, TV Guide Channel, and Prevue Channel.
He is a sought after public speaker having been featured at Streaming Media NYC, Digital Hollywood, Mobile Growth Association, Mobile Congress, App Growth Summit, Promax, CES, CTIA, NAB, NATPE, MMA Global, New Mexico Angels, Santa Fe Business Incubator, EntrepeneursRx and AI Impact. He is now represented by Ovationz. His new consultancy RealmIQ helps companies manage the AI Revolution.
© 2024 Curt Doty Company LLC. All rights reserved. RealmIQ is a division of the Curt Doty Company. Reproduction, in whole or part, without permission of the publisher is prohibited. Publisher is not responsible for any AI errors or omissions.