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What Does an AI-Enabled Company Look Like?

Knownwell

What makes an AI-enabled company different from companies that aren’t yet using AI? What benefits do leaders stand to gain if they do enable their business with AI?

We dive into those questions on the latest episode of AI Knowhow. David DeWolf, Mohan Rao, and Courtney Baker discuss how, at its core, an AI-enabled business is one that taps into AI to continually learn and improve. That learning can take many shapes. It could be about customers, the broader market the company serves, the work that’s being delivered within a company every day, and more.

David shares his views on the four different types of knowledge (intelligence, computation, inference, and judgment) and why the AI era we’re just entering will be so powerful because machines will have the ability to go beyond computation for the very first time.

And Pete Buer talks with Dmitry Shapiro, CEO of MindStudio, about how his company is enabling the democratization of AI. Mind Studio is a no-code development tool for creating AI applications that has been used to deploy more than 15,000 AIs across every major job function.

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Episode Highlights

  • Courtney and Pete dig into some of the latest AI news and the implications for business leaders, starting with a new Guns N’ Roses video that was created using AI and portends the rise of the next big wave of AI: multimodal
  • They also look at a recent story from the New York Times, Hottest Job in Corporate America? The Executive in Charge of AI, and discuss if the Chief AI Officer is something every company needs yet
  • Dmitry Shapiro shares just a few examples of how companies are using Mind Studio to drive productivity and efficiency in their businesses
  • Dmitry also shares an anecdote in a discussion about how AI will impact jobs that puts the hand-wringing about the technology’s impact in some historical perspective. When he was in high school in the ’80s and was beginning his coding career, his guidance counselor encouraged him to become a typist because he was good with computers. Today, that’s a job that no longer really exists. While there will undoubtedly be job displacement, he sees AI will bring more positives than negatives.
  • Courtney delivers the results of last week’s game of Over/Under where David and Mohan gave their best guesses at how often Meta, Apple, and Amazon would mention AI in their earnings calls. Tune in to find out how well they fared!

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