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GenAI, RAG, LLM… Oh My!

I am pleased to announce the release of my updated “Thinking Like a Data Scientist” workbook. As a next step, I plan to work on a supplemental workbook incorporating GenAI tools like OpenAI ChatGPT,...

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GenAI Creativity Exercise: Beyond Mere Productivity

“Focusing merely on productivity is akin to rearranging deck chairs on the Titanic; it’s a waste of time if we’re not steering towards true value creation. Simply doing something faster doesn’t equate...

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Becoming an AI Utility Function Exercise – Part 1

The media (and movies) have made AI conversations confusing and too emotional.  I propose a simple exercise for middle and high school students (and others who might be interested) to provide hands-on...

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Becoming an AI Utility Function Exercise – Part 2

The media, including movies, have made AI conversations confusing and overly emotional. I propose a simple exercise for middle and high school students to provide hands-on training in understanding how...

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AI Dividend, Universal Basic Income, and Economic Multiplier Effect

We are truly living in unprecedented times. Artificial Intelligence (AI) is anticipated to transform the global economy by intelligently automating tasks, re-engineering operational processes, and...

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Generating the AI Dividend: Transforming Society’s Economic Value Curve

In my previous blog, ‘AI Dividend, Universal Basic Income, and Economic Multiplier Effect,’ I explored how Artificial Intelligence (AI) can create an AI Dividend that yields staggering economic...

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Critical Importance of Stakeholder-centric Design with AI

“It’s not the AI technologies that fail; it’s the organization.” That might be a somewhat controversial viewpoint, but it emphasizes an important truth: Artificial Intelligence (AI) is a tool, not a...

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Talking to a CDO?  Think Like an Economist

The Chief Data Officer (CDO) role has evolved significantly over the past five to seven years. It has transitioned from a CIO Mini-me, focused on managing data infrastructure, to a business executive...

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GenAI Maturity: From Productivity To Effectiveness

As I work with more organizations using Generative AI (GenAI) tools like OpenAI’s ChatGPT and Microsoft’s Copilot, I see an interesting dilemma – many organizations seem satisfied with settling for...

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Nine Categories of Innovation-Driven Prompt Engineering

In my previous blog, “GenAI Maturity: From Productivity To Effectiveness,” I discussed the dramatic disparities between the organizational mindset of using Generative AI (GenAI) to reduce costs (with a...

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Synergy of Generative, Analytical, Causal, and Autonomous AI

The current fascination with Generative AI (GenAI) – especially as manifested by OpenAI’s ChatGPT – has raised public awareness of Artificial Intelligence (AI) and its ability to create new sources of...

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Avoid GenAI Model Collapse and Death by Averages

The Harvard Business Review article “Has Generative AI Peaked?” raised a troubling concern concerning Generative AI (GenAI): “This brings us to an unsettling yet entirely conceivable prospect: Future...

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ESG: The “Vital Signs” for Responsible and Ethical AI Outcomes

While Artificial Intelligence (AI) models can potentially transform our personal and professional lives, they pose significant challenges and risks for our society. To ensure that AI models produce...

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Small Language Models: A Strategic Opportunity for the Masses

In the evolving landscape of large language models (LLMs), it is increasingly evident that their immense size and broad applicability present several limitations. Despite the significant advancements...

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The Recipe for Achieving Aspirational AI

There has been much recent buzz about AI’s potential decline. Articles such as “AI Stock Market Bubble May Be About to ‘Burst'” from Newsweek and “From Boom to Burst the AI Bubble is Only Heading in...

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From Mystery to Clarity: Making GenAI Transparent and Trustworthy

Let’s be honest: The capabilities of Generative AI (GenAI) tools like OpenAI’s ChatGPT, Microsoft Copilot, and Google Gemini are truly amazing. In the right hands, these tools can act as tireless...

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Blending Data Science and Design Thinking for Strategic Advantage

Leveraging AI and data effectively has become crucial to organizational success in a rapidly evolving digital landscape. The “Thinking Like a Data Scientist” (TLADS) methodology, detailed in the second...

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Your Personal GenAI Innovation Curriculum

I have written many blog posts discussing using Generative AI (GenAI) tools such as OpenAI ChatGPT, Microsoft Copilot, and Google Gemini to improve professional efficiency and personal development....

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The Economics of “Do More With Less”: Blending AI with Organizational Discipline

I hear it in nearly every customer conversation: “We must find a way to do more with less.” This modern business mantra reflects the economic realities of constrained resources and growing complexity,...

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(Trying to) Quantify the Economic Impact of GenAI

How can we quantify GenAI’s performance impact on employees with below-average to average performance compared to high-performance employees? I have had the privilege of working with Mark Stouse to...

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Value Creation Requires An Outside-In Mentality

A few weeks ago, I created a YouTube video to discuss the importance of an outside-in perspective to the value creation challenge. The key to a successful business is its ability to continuously evolve...

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Data Economic Multiplier Effect Explained

One of my career breakthroughs occurred when I was teaching at the University of San Francisco School of Management. I kicked off a research project to determine how to treat data as an asset on a...

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Using Archetypes to Decode The Four Types of AI: Generative, Analytical,...

In my blog titled “Synergy of Generative, Analytical, Causal, and Autonomous AI,” I discussed the four types of Artificial Intelligence (AI) and the importance of understanding when and where to blend...

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Mastering the Big 12 Data-driven Economic Concepts

“If you want to change the game, change the frame.” The game has certainly changed with the data era, and maybe the most drastic change driven by data has occurred in economics, the foundation upon...

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The Four Pillars of AI-driven Innovation

Innovation is more than just ideation.  Ultimately, innovation is about value creation. AI has sparked a growing urgency in the concepts that drive innovation as organizations seek to harness its...

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