4.4 • 1.9K Ratings
🗓️ 18 May 2023
⏱️ 34 minutes
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0:00.0 | Nathan, your management consultant, you lead the Lloyd's global AI business. |
0:06.1 | What's the most interesting conversation you've had recently with a client? |
0:10.4 | At a client, the CFO of the client basically said, |
0:15.7 | if I apply generative AI in my company and the use case that Nathan you articulated to me, |
0:22.0 | which is apply in a call center for customer care. Why? Because the marginal cost of |
0:29.0 | conversing with that customer using a virtual digital agent is zero. And because the marginal cost |
0:35.9 | is zero, I know if I apply it, it'll drop my cost structure by 60 to 70%. But what does it do |
0:43.0 | to all the employees that I have who are from a disadvantaged part of the society? |
0:47.7 | Now the CFO was white, this vantage part of the society who essentially are earning their daily |
0:53.4 | living and have no other jobs. I mean, that seems like a perfectly reasonable question. |
1:00.1 | Yeah. How do you had your answer? I wanted it to certainly agree because it's a difficult one |
1:04.7 | to answer. Yeah. The reality is, yeah, it'll lead to job losses. And the only way, |
1:10.3 | only way that you'll be able to kind of overcome it, you have to rescale yourself for a different job |
1:15.9 | as opposed to being in a call center. rescale yourself, get a vocation training to be, for example, |
1:21.6 | a prompt engineer who actually prompts and trains the models than being in the call center. |
1:26.1 | The pay is probably the same, but there has to be a willingness both by the individual to get |
1:30.0 | retrain and by the employer to do the retrain. Welcome to how generative AI changes everything, |
1:40.8 | a special series from the HBRID cast. Read just about any business history or any case study, |
1:48.0 | and you realize just how much success depends on company culture. |
1:52.1 | The unwritten rules of behavior can make the difference between capitalizing on a big shift |
1:57.4 | or missing it altogether. You can't have successful innovation without the right culture. |
2:04.3 | You can't compete successfully without the right culture. You can't thrive over the long term |
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