2023
Tom Davenport said a survey he ran with MIT CDO IQ and AWS found that about 80 (apparently percent) expected generative AI to transform their organizations, but only six had a production application.
“80 said they thought it was going to transform their organizations, but only six had a production application that they had deployed.”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:03:53
2023
Tom Davenport said DBS, the biggest bank in Southeast Asia, had about 35 generative AI use cases but none in production, largely for regulatory reasons.
“And they said, Yeah, we've got like 35 use cases, but none of them are in production yet, largely for regulatory reasons.”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:05:06
Undated
Davenport conducted a second annual survey with the MIT Chief Data Officer Group Symposium, sponsored by Amazon Web Services.
“I was just looking at a survey that I did with the, um, MIT Chief Data Officer Group Symposium, the second annual survey sponsored by Amazon Web Services and data just came in.”
Tom Davenport · Leading a Workforce Empowered by New AI Tools, 0:16:32
Undated
Davenport reports that a two-line prompt to Code Interpreter produced three pages of data analysis using a machine learning model.
“two-line prompt gave me three pages of data analysis with a machine learning model applied to it.”
Tom Davenport · Leading a Workforce Empowered by New AI Tools, 0:22:26
Undated
Tom Davenport said Randy Bean's annual survey of data leaders had long shown figures in the low 20s on having a data-driven culture, down from the 30s in some cases a few years earlier.
“Have kind of bounced around in the low 20 area for years, and it's even getting worse. In some cases, it was in the 30s a few years ago.”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:11:06
Undated
Tom Davenport said a two-line prompt to a generative AI system can produce about three pages of machine learning model creation, analysis and feature engineering.
“a two line prompt will get you three pages of machine learning model creation and analysis and feature engineering”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:06:32
Undated
Tom Davenport said his next book is about the citizen movement, in which non-professionals take part in system development, automation, analytics and AI.
“my next book is about the citizen movement, you know, non professionals in system development and automation and analytics and AI.”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:10:28
Undated
Tom Davenport said he is writing his next book with Ian Barkin, who comes from an automation background.
“I'm writing this book with Ian Barkin, who he comes more out of an automation background.”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:12:49
Undated
Tom Davenport said chief information officers are encouraging citizen development because the queues at IT departments for building applications are getting longer.
“the lines at IT for developing applications are getting longer, not shorter.”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:13:36
Undated
Tom Davenport said he co-authored an MIT Sloan Management Review piece arguing that AI is a poor field for fast followers because accumulating data takes a long time.
“I co-authored a piece with Vikram Mahidar in SMR a number of years ago about AI. Is not a good area to be a fast follower in, because it takes a long time to accumulate the data that you need”
Tom Davenport · Bonus Episode: Generative AI Trends for 2024 With Tom Davenport, 0:15:28