Generative AI Has Entered the Business Conversation. What Should Leaders Do Next?

📅 March 21, 2023

Generative AI has moved from research circles into everyday business conversations with unusual speed. The release of more capable large language models and the arrival of AI copilots inside familiar work tools are making one point clear: natural language is becoming a new interface for software.

A useful way to evaluate any emerging technology is to ask what it changes in the operating model, not only what it can demonstrate.

Do not confuse a compelling demo with a production system

Generative AI can draft, summarize, explain and assist with reasoning, but business use requires more than impressive output. Leaders need to consider data sensitivity, accuracy, access controls, human review and the consequences of a wrong answer. The right first step is a bounded use case where the benefit is visible and the risk is manageable.

The important point is not to maximize novelty. It is to create a system that people can understand, operate and improve. That is how emerging technology becomes durable business capability.

Start with augmentation

The most practical near-term opportunity is to help people do existing work with less friction. Drafting internal content, summarizing long documents, supporting developers and helping employees search knowledge are examples where AI can increase leverage without pretending that human judgment is unnecessary.

The important point is not to maximize novelty. It is to create a system that people can understand, operate and improve. That is how emerging technology becomes durable business capability.

Build governance while you experiment

AI policies should not arrive months after adoption. Organizations need simple rules covering approved tools, sensitive information, review requirements and ownership. NIST’s AI Risk Management Framework, released in January 2023, provides a useful structure for thinking about trustworthiness and risk.

The important point is not to maximize novelty. It is to create a system that people can understand, operate and improve. That is how emerging technology becomes durable business capability.

Three Questions for Leaders

  • What business outcome improves if this works?
  • What data or permissions does the system require?
  • Where must a human verify the result?

The competitive question is not whether every company should rush to deploy generative AI. It is whether leaders can learn quickly while protecting trust. Curiosity, disciplined experimentation and governance should move together.

References & Sources: