SIMPLIFAI Making lives easier Case 3 School Name:

Transcript:SIMPLIFAI Making lives easier Case 3 School Name::
SIMPLIFAI Making lives easier Case 3 School Name: nmims NM Consulting “AI could end mankind” But what about nuclear energy? “AI: The Rocket Science!” But also wasn’t fire? Electricity? Digital Money? “Data is the new oil” AI is the new engine And element is the new boeing Problem Statement How can Element AI and the industry on the whole promote the opportunities created by AI and yet address the perceived downsides? What are the risks associated with that and what are the risks if we don’t address it? Who is the target audience? Who are the natural and unnatural partners in creating the change? The AI Industry The concept of ‘Network Effects’ Inception of the “International AI Consortium” must get together to rebrand the perception of AI on the common man ELEMENT as a company and AI as an industry require complete rebranding ELEMENT must work towards eradicating the fear and negative perceptions in the minds of the non-savvy common man Alternatives Evaluation of Alternatives Recommendation: SIMPLIFAI Branding Simplification of what AI is? Who Can? Where? How? TECHNICAL PRECAUTIONS Certification/Approvals GDPR Ease of use User Control Issues while using AI Data Privacy Concerns Complexity Issues “AI: The Rocket Science” Lack of control Risk Mitigation Businesses without AI Difficult to gain a competitive advantage Data is massive, always increasing: Losing on opportunities to gather insights from the data Loss of business Opportunity loss in terms of Performance, Speed and Robustness Target Audience Advisory/Consulting Companies: The Big fours and IT consulting firms Financial/Banking Sectors: Investment and Commercial Banks Farming: Nutrient based farming, Aeroponics, Hydroponics and Aquaponics Medical Science- Prediction, Prevention and Detection Hotel chains Entertainment Industry COMMUNICATION CHANNELS Non-technical forms of traditional media Eg- OOH, Television Ads Showing Irrelevant Advertisments Shortening Sales Cycle A database of visual and tangible real world examples of the safe, controlled implementation of AI technologies in every day processes Example: Before-After comparisons Partners Natural Partners Cloud Providers- Google Cloud Provider (GCP) Cloud Service companies like NetApp Government Collaborations Unnatural Partners Tech Influencers: DataScienceKyle Movie Studios Courses in universities and online platforms Tech trigger Peak of inflated expectations Trough of disillusionment Plateau of productivity Slope of enlightenment Tech trigger Peak of inflated expectations Trough of disillusionment Plateau of productivity Slope of enlightenment