GenAI isn’t just a chatbot

Welcome to the very first edition of Enterprise GenAI! I’m thrilled to kick off this newsletter, where we’ll dive deep into everything CXOs need to know about the latest developments in enterprise AI. 

Each week, I’ll share insights, news, tools, and strategies that can help you leverage Generative AI beyond the obvious and unlock its full potential across your organization.

Let’s get started by exploring how GenAI is more than just chatbots, and why it’s time to look beyond the hype.

GenAI: More Than Just a Chatbot

According to McKinsey research, Generative AI has the potential to add up to $4.4 trillion in productivity across multiple functions and departments. However, many enterprises have barely scratched the surface, focusing mainly on its chatbot capabilities. AWS CEO Matt Garman rightly pointed out, “A bunch of people raced to put chatbots on top of everything and show they were ahead in generative AI.”

While tools like ChatGPT and Google Bard have brought chatbots into the spotlight, GenAI’s true potential spans far beyond.

Explore the possibilities on the blog this week, where I’ve outlined industry-specific GenAI use cases that go beyond chatbots.

Employee Wellbeing in a GenAI-driven Enterprise

While GenAI can boost productivity, we must also address its impact on employee wellbeing. Prolonged desk time and lack of movement are real concerns—think "dead butt syndrome." It’s important to maintain a balance between maximizing efficiency and supporting the health of your workforce.

Dr. Lance B. Eliot offers some excellent advice on maintaining that balance, ensuring your employees thrive in a GenAI-enhanced environment.

Meta’s Movie Gen: Video Content Generation Gets Serious

Meta’s Movie Gen is set to revolutionize video generation with AI models that handle video editing, personalized content creation, and even audio generation. According to human evaluations, Movie Gen outperforms the competition.

While the tool isn’t publicly available yet, you can dive into the technical details by reading their research paper, Movie Gen: A Cast of Media Foundation Models.

Enterprise AI Tools You Can Use Today

While we wait for Movie Gen, there are already plenty of AI tools out there for enterprise use. I’ve compiled The Ultimate Guide to Enterprise GenAI Tools on the blog, which covers everything you need to stay ahead in the GenAI race.

That’s all for this week! Next week, we’ll be discussing the security advantages of on-prem AI - stay tuned!

Best,
Anshuman Pandey

P.S. Llama 3.2 Vision Language model is now available on Tune Chat.