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KPMG's latest genAI insights are eye-opening 👀

Welcome, innovators.

Business executives share many views of how genAI is shaping the future. 

What are these views?

Keep reading to find out…

In today’s newsletter:

  • Today’s must-read stories 📰

  • KPMG GenAI survey 2024

  • Prompt of the day ✍️

Today’s must-read stories 📰 

A new survey by ABBYY reveals that 63% of global IT leaders fear their companies will fall behind if they don't invest in artificial intelligence.

Generative AI is making advanced technology and skills more accessible, enabling small teams to achieve more, while AI agents are transforming expertise scaling, urging large companies to adopt new AI tools for flexibility and innovation.

Infosys has partnered with Stanford's Human-Centered AI Institute to accelerate AI research, focusing on responsible AI, cost-efficient AI models, and enhancing business processes through AI and machine learning.

Together with NativePath

The Ibuprofen Alternative You Need to Know

Stomach pain, dizziness, heart concerns, kidney problems…

These are just some of the scary side effects that can be found on the back of a bottle of Ibuprofen.

And to top it all off, Ibuprofen doesn’t even address the main cause of your problem… It’s only temporary pain relief.

You don't need to just alleviate your pain–you need to fight INFLAMMATION. That’s why researchers speculate this one natural food could outperform Ibuprofen…

And it doesn’t have the dangerous side effects mentioned above either!

AI artwork of the day 🧑‍🎨 

Miscellaneous resources

  • What the recent CrowdStrike outage misses is the aspect of human emotions related to deployments, specifically the fear of breaking production. Read more here.*

  • Alibaba, AI case study: Utilized AI in their City Brain project to optimize urban traffic flow to reduce congestion and improve public transportation efficiency.

  • Georgia Institute of Technology, AI case study: Implemented an AI-powered chatbot that answered 10,000 student queries per semester with 97% accuracy.

  • Johns Hopkins University, AI case study: Used AI to analyze CT scans for lung cancer treatment, identifying treatment responses five months earlier than traditional methods​.

AI tools 🔨 

  • Chatsimple: Turn your anonymous website visitors into qualified leads on autopilot. Boost lead gen by 3X. Build an agent for free.*

  • Clockwise: AI-powered scheduling.

  • MindPal: Build a team of AI agents.

  • BeeDone: AI-driven gamified productivity app.

  • Spinach AI: Automate project management today with AI—run meetings, share notes, and update tasks effortlessly. Start your 14-day free trial now.

Together with Zapier

AI Panel: How AI automation is transforming industries

Join us for a panel discussion with leading experts from Glean, Braintrust, and Monterey AI to learn about AI's challenges, opportunities and its transformative potential for the future of work. 

KPMG GenAI survey 2024

The 2024 KPMG GenAI Survey gathered insights from 225 C-suite and senior business leaders from organizations with annual revenues of $1 billion or more.

Check out these findings…

Key Takeaways

  • Data-driven leadership: 71% of leaders are now leveraging data in decision-making, with 52% using it to shape competitive positioning and 47% to explore new revenue opportunities.

  • Increased AI investment: 83% of executives plan to boost their GenAI investments over the next three years, with 78% confident in seeing a return on these investments.

  • Expansion of GenAI initiatives: In the next 1-3 years, 61% of organizations plan to expand their current GenAI initiatives, and 55% will introduce GenAI into new business functions.

Our Thoughts: These statistics highlight the growing reliance on data-driven decision-making and the expanding role of GenAI in business strategies. It underscores the importance of investing in AI initiatives to maintain competitive positioning.

Prompt of the day ✍️ 

Administrative assistant (create meeting minutes)

How it works:

The prompt instructs the creation of meeting minutes by gathering specific details from the user, referencing key materials, iteratively refining the content through evaluations, and following a structured set of rules to ensure high-quality output.

Why use it:

An administrative assistant would use this prompt to create precise, detailed, and professional meeting minutes tailored to the specific needs of their organization.

Prompt Example:

{"prompt":"Develop a tailored Meeting Minutes aligned with the user's individual needs, drawing insights from the supplied reference materials. Initiate interaction with the user to obtain essential specifics and resolve any ambiguities. Iteratively refine the Meeting Minutes through consistent evaluations using the given evaluationRubric and gather user input to ensure the end product aligns with the users expectations.}

You can find the prompt in its entirety here.

P.S. Whenever you’re ready, here are a couple of ways for us to work together:

1. Level up your business with AI. We can help grow your business, save time, and get way more done with advanced AI automation and workflows. Get an Unfair Advantage Today

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