SwissCognitive | AI Ventures, Advisory & Research

The excitement around AI and machine learning can lead to major business wins, but why do so many projects fall short? Foundry’s State of the CIO 2024 reveals that while 80% of CIOs are exploring AI integration, many analytics projects still miss the mark. Key reasons include lack of end-user workflow integration, poor collaboration between data scientists and developers, and insufficient attention to change management. To succeed, businesses must focus on aligning AI initiatives with strategic goals and ensuring seamless implementation across teams. #AI #MachineLearning #DataAnalytics #SwissCognitive #AINews #ArtificialIntelligence #ShareforSuccess ◻️7 Reasons Analytics And ML Fail To Meet Business Objectives ◼️https://lnkd.in/dcY3DKsh

AI regulations are becoming increasingly important, requiring CIOs to navigate diverse regional requirements to ensure compliance and protect human rights while fostering innovation. As governments worldwide develop new laws, businesses must navigate increasing complexity to ensure compliance. The EU's AI Act, set to fully take effect by 2026, offers a comprehensive framework protecting human rights while fostering innovation. Meanwhile, the U.S. leans towards industry self-regulation with ongoing debates. This dynamic regulatory environment demands CIOs to stay ahead, ensuring their AI implementations align with diverse regional requirements. #AIRegulation #AI #SwissCognitive #AINews #AIAct #ArtificialIntelligence ◻️Adapting to AI regulations in the U.S. and Europe: Impacts on CIOs and global enterprises ◼️https://lnkd.in/dWPhQCFT

AI literacy is the new power divide. In a world where AI shapes our reality, understanding and questioning its design and implementation is crucial. As Matt Crabtree puts it, AI literacy means viewing these technologies critically and making informed decisions. We must invest in AI literacy to ensure everyone can harness AI's potential and avoid being left behind. We have to create a future where AI benefits all, fostering better questions, deeper conversations, and effective oversight. #AI #AILiteracy #TechEducation #SwissCognitive #Technology #AI #SwissCognitive #AILiteracy #AINews #ArtificialIntelligence #ShareforSuccess ◻️Billions Of People Need To Learn AI Literacy ◼️https://lnkd.in/dXfK8hxt

Productizing AI is all about data, deployment, and diversity. Ensuring data democratization, building flexible and efficient models, and creating diverse AI teams are crucial steps for scalable AI success. At Janus Henderson, Srujana Kaddevarmuth emphasized that AI productization can enhance human capital efficiency, foster innovation, and standardize capabilities across geographies. To mitigate risks like biased data and system malfunctions, focus on model flexibility, computational efficiency, and robust model wrappers. Building inclusive AI teams from diverse backgrounds helps mitigate biases, driving fairer and more equitable outcomes. #ArtificialIntelligence #ShareforSuccess #AI #SwissCognitive #AINews #ArtificialIntelligence ◻️Productizing AI: Why It’s Not Just About Tech And Processes ◼️https://lnkd.in/dSktxSmU

The complexity of artificial intelligence demands an active investment approach to effectively identify opportunities and offer genuine market exposure to investors. Investing in AI isn't a space for passive strategies. AI's dynamic and evolving nature means that static indexes can't capture its full potential. As Matthew Bullock and Jeremiah Buckley from Janus Henderson point out, AI ETFs show significant performance discrepancies due to differing definitions and compositions. For genuine AI market exposure, an active, insightful approach is essential. Companies at the forefront of AI and automation, particularly those with strong balance sheets, are best positioned to harness productivity gains and drive economic growth. #AIInvestment #Investment #AI #SwissCognitive #AINews #ArtificialIntelligence #ShareforSuccess ◻️Artificial Intelligence Investment And Productivity ◼️https://lnkd.in/dN6EsVz2

As summer heats up, so does the pace of innovation in the AI sector! ➡️Dalith Steiger discusses women's leadership in AI ➡️Meta's powerful Llama 3 model might come on July 23 ➡️AI's Brain Boost with OpenAI’s ‘Strawberry’ ➡️AI job salaries soar, with top roles earning up to $344,000 ➡️Increasing adoption of AI automation in US workplaces ... and more! Enjoy and keep cool as you explore the latest news in AI! ◻️AI’s Brain Boost with OpenAI’s ‘Strawberry’ ◼️https://lnkd.in/dp7waq8n

AI should augment, not replace, our workforce. An online retailer's shift to AI for customer support cut costs but also hurt service quality and sales. This trend sparks a critical discussion: Instead of replacing employees, let's use AI to reduce workloads, refocus responsibilities on creative tasks, and maintain competitive compensation. By leveraging AI as a co-pilot, we can enhance productivity, boost morale, and drive sustainable growth. #AI #Leadership #SwissCognitive #AINews #ArtificialIntelligence #ShareforSuccess ◻️Can We Stop Talking About Replacing Employees With AI? ◼️https://lnkd.in/dg7WyJxR

AI is not just another technological advancement; it's a game-changer that can redefine business strategy, customer engagement, and operational efficiency. Despite this, many organizations still place the responsibility for AI on their IT departments. But true AI integration requires leadership from the top. Business leaders must take charge, ensuring that AI initiatives align with strategic visions and drive long-term goals. By fostering a culture of continuous learning and ethical AI practices, leaders can inspire their teams to embrace innovation. It's time for leaders to step up, develop AI competencies, and guide their organizations through this transformative era. #ArtificialIntelligence #ShareforSuccess #AI #SwissCognitive #AINews ◻️AI Leadership: Why AI Is Every Leader’s Responsibility ◼️https://lnkd.in/d4sSHNhU

I'm thrilled to share an insightful interview I recently did with Vanessa Morcom, Authority Magazine " in which I delve into the often underestimated power of Switzerland’s AI landscape. It was an honour to discuss the crucial role of technology in shaping our future and the importance of clear communication, especially for women in AI. The journey has been filled with challenges and triumphs, from my early days in software development to leading a global AI network. In the interview, I highlight key lessons from my experience, including the importance of challenging assumptions, fostering open dialogue, and promoting ethical AI. I also share insights into my current projects, like empowering women entrepreneurs and supporting AI startups, as well as the vital role of mentorship and education in driving innovation. I am immensely grateful to all the amazing people who have supported and inspired me along the way, including my grandmother, whose resilience and adaptability have been a guiding light. Join me in this conversation about the exciting potential of AI, the importance of ethical practices, and the transformative power of education. We have to continue to push boundaries and shape a future where technology works for the betterment of humanity. 🔗 https://lnkd.in/gSgynnn9

AI investments are reshaping the market landscape at an unprecedented pace. Fireworks AI's $52 million Series B funding and the UK's record-breaking $2.1 billion AI startup investments in just the first half of 2024 highlight this dynamic shift. Walmart's strategic focus on AI and automation promises significant operating income boosts by 2029, showcasing AI's transformative potential across industries. As we observe these developments, it's clear that the future belongs to those who innovate and adapt. Stay ahead with the latest insights from the SwissCognitive AI Investment Radar. #AI #AIInvestment #Technology #ArtificialIntelligence #AINews #Investment ◻️AI Investment Booms and Market Shifts – SwissCognitive AI Investment Radar ◼️https://lnkd.in/diJgb2b2