Artificial Intelligence (AI) has become an indispensable component of modern business strategies. Companies of all sizes are capitalizing on AI's potential to foster growth, enhance innovation, and drive progress. Our recent "Unleashing the Power of AI for Growth" keynote covered an array of topics, including AI's first and second-order effects, its impact on jobs and workforce, and strategies for startups and established corporations to navigate the AI revolution. This blog post highlights the key insights from the keynote and offers an exclusive opportunity for our website visitors. Be sure to watch the full keynote video included at the end of the post!
Section 1: Understanding AI's First and Second-Order Effects
AI's influence extends beyond automating tasks and refining customer experiences. In the keynote, our expert speaker emphasized the significance of recognizing AI's first-order effects, such as productivity enhancements and cost reductions, as well as second-order effects like transforming entire industries and generating new business models. This comprehensive perspective on AI's impact is vital for businesses to unlock its full potential.
Section 2: Navigating AI's Impact on Jobs and the Workforce
The rise of AI has sparked concerns about job displacement and workforce evolution. The keynote explored the positive and negative effects of AI on employment, stressing the importance of upskilling, reskilling, and fostering new opportunities in the AI-driven future.
Section 3: The AI Revolution: Implications for Startups and Corporates
AI's transformative power affects both startups and established organizations, reshaping their operations and innovation processes. Our speaker discussed strategies for startups to leverage AI's capabilities and seize emerging opportunities, as well as ways in which large enterprises can drive innovation through AI adoption and collaboration.
Section 4: Preparing for a Future Driven by AI
The keynote underscored the importance of proactive thinking and strategic planning for an AI-powered future. The speaker provided actionable steps for businesses to evaluate their readiness for AI adoption, build a diverse AI team, collaborate with AI experts, and invest in AI research and development.
Section 5: Adopting a Strategic Approach to AI
Implementing AI in business is a nuanced process that varies across organizations. The speaker encouraged listeners to adopt a strategic mindset when integrating AI, aligning its deployment with their organization's goals and objectives, and ensuring a well-planned and successful implementation.
Section 6: AI's Pivotal Role in Medical Discoveries
One of AI's most promising applications is in the realm of medicine. The keynote highlighted how AI is revolutionizing drug discovery, leading to groundbreaking developments in new treatments and therapies for various illnesses, ultimately enhancing healthcare on a global scale.
Conclusion and Exclusive Offer
The "Unleashing the Power of AI for Growth" keynote provided invaluable insights into AI's potential to transform industries, create new opportunities, and drive innovation. As a special offer for our website visitors, we are providing an exclusive 99% discount on our AI courses. This limited-time opportunity allows you to learn from top experts and propel your organization into the AI-driven future.
Watch the full keynote video below to delve deeper into these insights and learn how you can harness the power of AI for growth in your business.
Did you notice the Seismic shift in the CSR domain? CSR is now a bottom-up business imperative and no longer a top-down, discretionary initiative. This has given rise to a critical need for As-a-Service Platforms that can enable companies through technology, to address and impact social issues at scale. A Top Imperative is in Artificial Intelligence Skilling and Education that helps students and employees avoid becoming obsolete and ensures long-term opportunity and career advancement.
Why should you focus on AI UpSkilling?
65% of School Children will get into jobs that don’t exist today, thanks to the AI Industrial Revolution. 42% of Core Skills in all jobs will be replaced by AI. Unfortunately, Schools, Colleges, and Corporates do not have the necessary infrastructure or talent, or Scale to implement AI Skilling programs.
Corporates want to take advantage of As-A-Service Platforms to step up, own, sponsor, and scale critical AI Skills education.
For Example, Amazon has rolled out, partnering with WiselyWise, a nationwide initiative to upskill their nominated School students.
Fortune 500 giants are engaging WiselyWise in their Outreach and Volunteer Programs furthering AI education in communities globally. Many Corporates, large and small, are seriously evaluating and investing in similar initiatives.
Outcomes:
Our Profile:
WiselyWise helps corporates plug the gaps in AI SkillingVia WiseCentral As-A-Service AI Education Platform. With the help of Corporate Sponsors, we currently impact 150 Schools and 50,000 students, with amazing Outcomes, based on an International Curriculum aligned to Harvard’s Creative Computing Curriculum, MIT’s AI Strategy Course, and Content from AI Leaders like Amazon. For corporates, adopting our Platform allows them to satisfy their stakeholders as now the engagement becomes real, easy, authentic, scalable, and measurable.
“Even the greatest was once a beginner. Don’t be afraid to take that first step” -Muhammad Ali
BIMPreneur ( Entrepreneur club of BIM Trichy) was overjoyed in hosting Mr. Chandrakumar Natarajan founder and CEO of WiselyWise Pte. Ltd. as the speaker for their PRAYAANA Series.
Through this session, students realized how easy it is to start their startup. The stereotypes surrounding starting and running a startup were broken.
This video is for MBA students past and present who are keen to launch their startups.
The question uppermost in the minds of School Administrators, Principals, CSR Leaders, ESG Decision-makers, and Policymakers seems to be common globally.
How do schools that are disadvantaged due to a variety of factors, ranging from Infrastructure to Conflicts, keep pace with other schools in the Digital era? How do they enjoy the fruits of the Digital Transformation initiatives sweeping worldwide?
Else this is leading to a growing Digital Divide increasing the gaps in society from financial to economical status to healthcare impact. Not to forget the impact on a country’s economy due to lack of talent unable to fill in the high demand for Digital Skills.
Top of the wishlist comes the topic of Artificial Intelligence Education for K-12 Schools. Why? because it’s important to start early for technology Skills and it’s proven to pull out a family from the Poverty Cycle in one generation ( as opposed to 6 generations via traditional interventions). Start late and you find most students have dropped out or are unable to cope with the demands of studying technology especially Artificial Intelligence.
Here are action items to follow:
Invest in Skill Development Programs for Teachers and Administrators
Spend on age-appropriate AI Education Programs for Students at all age-groups
Expand your Digital Infrastructure as Focus area
Implement multi-lingual AI Programs which benefits non-English Students
Adopt 360 degree programs which include discussions on AI Ethics, Bias, Data Security
Examples of National Programs: ( Courtesy of PAN Topic Guide by the Policy Action Network https://lnkd.in/eE7dHNRV )
In India, a national strategy on AI by NITI Aayog28, a governmental think tank, considers the role of data-driven technologies in education. The strategy reviews challenges faced by the education sector, many of which are similar to South Africa, and suggests ways in which AI may assist. For example, a key challenge is ‘imparting quality education to India’s linguistically diverse population’, for which India anticipates exporting AI-based solutions to other developing countries. Other opportunities include personalized learning and automating administration. A collaboration between Microsoft and the state of Andhra Pradesh predicts school dropouts using ‘gender, socio-economic demographics, academic performance, school infrastructure, and teachers’ skills’. The strategy also suggests that implementing AI must be preceded by the digitization of curriculum and teacher and student performance, and highlights risks related to data security, potential bias in algorithms, and commercial use of personal data.
In 2017 the State Council of China published the Next Generation Artificial Intelligence Development Plan.29 This plan includes building and attracting high-end AI talent, as well as establishing AI-related courses at elementary and middle school levels. High schools now have an AI course added to their curriculum, and the revised IT curriculum focuses more on ‘data, algorithms, information systems, and the information society’ rather than computers and the Internet. On the higher education side, as of May 2018, China had established more than 30 AI colleges and is encouraging a multi-disciplinary approach to qualifications through compound majors involving, for example, AI and biology, psychology, law, and education.30 AI-enabled systems are also being used widely for the management of campus environments – to control access to facilities, track attendance at classes and stop ‘ghost writers’ sitting for exams – all of which raise concerns about the use of personal data and whether this level of monitoring is warranted.
In a report commissioned by the Australian National Department of Education, Skills and Employment (DESE)32, the authors suggest that AI could provide some benefits in the form of personalized learning, but notes that the technology is in the early stages of development and places a relatively strong emphasis on developing ethical and legal frameworks to prevent harm, non-discrimination and ensure accountability. More broadly, the DESE aims to strengthen STEM literacies through a number of initiatives, including an investment of AUD$1.5 Million into ‘the development of a range of curriculum resources to assist with the delivery of AI and emerging technologies content and the associated general capabilities in the Australian Curriculum.’ They have also set up an online resources hub, a teacher professional learning programme, and access to new technologies via the National Lending Library.
We have worked with leading Corporates, Schools, Foundations, and Government agencies in designing, developing, implementing AI Education Programs. You may wish to read more case studies here: https://wiselywise.com/case-studies/
As Lila Poonawalla Foundation (LPF) celebrates 25 Years of Excellence, we introduce to you, a uniquely engaging Leadership Series ‘LPF Thought Leadership Series.’ In this session, we present to you none other than
In this session of ‘LPF Thought Leadership Series’, Ma’am will be conducting a session on ‘My Entrepreneurial Journey’, Friday, 25th of June, 2021, from 4:00 pm to 5:30 pm, IST.
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