AI Readiness Report 2024

Learn how the world's most ambitious companies are optimising and securing generative AI

readtime: While You Enjoy Your Cup of Coffee

Psst, coffee junkies! Grab your liquid happiness and prepare for a wild ride through the realms of AI and career growth. Get ready to sip, laugh, and discover new possibilities as you indulge in this newsletter. Your career will thank you!

In case you are new, check out last weeks newsletter when I gave you some great free AI courses offered by Google here!

2024 AI Readiness Report

Navigating the Landscape of Generative AI

I’ve provided a summary of this year's edition of the Scale Zeitgeist: AI Readiness Report, where they dive into the evolving world of artificial intelligence, highlighting key trends, challenges, and insights that are shaping the AI landscape. Check out the highlights below or read the full report using the link at the end.

Highlights from the Year in AI:

  • Rapid advancements in generative AI have continued, with significant strides in both foundational models and domain-specific applications. OpenAI's GPT-4 and Google's PaLM 2 have set new benchmarks, while newer models like Anthropic's Claude 3 and Cohere's Command R are pushing the boundaries further.

  • Security concerns and a lack of expertise remain significant barriers for many organizations yet to adopt AI, with 60% of surveyed participants highlighting these issues.

AI Adoption and Optimization:

  • A majority of organizations are still using generative AI models straight out of the box, but there is a growing interest in fine-tuning and optimizing these models to better meet specific needs.

  • The top use-cases driving AI adoption include improving operational efficiency and enhancing customer experiences.

Emerging Trends and Innovations:

  • There is an increased focus on developing more capable multimodal models that can handle and integrate various forms of data, from text and images to audio and video.

  • Safety and model evaluation are becoming increasingly important, with many organizations looking to establish more robust frameworks to assess the reliability and security of AI applications.

Looking Ahead:

  • The report forecasts continued advancements in AI capabilities, with a particular emphasis on refining models for enhanced reasoning and problem-solving.

  • Expectations are set for an increase in the sophistication of AI applications, moving from proof-of-concepts to more scalable production deployments.

Conclusion: As we continue to navigate the complex terrain of AI development and application, it is clear that both challenges and opportunities lie ahead. Organisations that can effectively optimise and evaluate their AI models are poised to reap substantial benefits, driving innovation and efficiency across various domains.

Q. How is AI Similar to a cup of coffee?

A. They both provide a unique experience: A cup of coffee can have distinct flavors and notes, much like generative AI can generate unique and unexpected outcomes. It's like taking a sip from the cup of imagination!

Quiz - Are you ready to elevate your career with an AI Assistant?

After reading the highlights of the AI Readiness Report 2024, you might be left wondering whether you are ready to embrace AI in your work. Take this quick 10 question Quiz now and have a report generated specially for you!

Why did the office worker get a pet robot to help with AI implementation? Because they figured a "byte-sized" companion would be perfect for the job!

AI Funnies

AI FOR YOU IN YOUR WORKPLACE

Tips, Tools & Techniques to help you improve your productivity in your everyday tasks.

TurboLearn AI

  • What It Does: Leverage AI to instantly generate notes, flashcards, and quizzes.

  • Learn More: TurboLearn AI

AI or Not

  • What It Does: Identify AI-generated images and audio for your business and personal use.

  • Learn More: AI or Not

HiTalk

  • What It Does: Speak with AI, either by writing or speaking, while receiving messages with a realistic voice. Learn up to 28 languages.

  • Learn More: HiTalk

This Weeks AI Skill Needed To Survive and Thrive in Your Career in 2024

Collaboration: In a world influenced by AI, teamwork becomes even more important. Seek out opportunities to collaborate with others, leveraging diverse perspectives to achieve shared goals and excel as a team.

To gain more skills in this area, keep an eye on our training courses which will be available later this year here.

 Stay tuned for more necessary AI Career Skills in our next edition…

AI BLOOPERS

“Noahs Ark full to the brim with huge dinosaurs to the point of nearly capsizing” - DALL.E

Today’s Newsletter has been produced with the assistance of our AI Assistants, ChatGPT, DALL.E & Canva.