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Registered investment advisors, for example, have to jump over a few hurdles when deploying new technologies. Elliott Franklin, CISO at Fortitude Re, a global reinsurance company, says his firm is also using enterprise subscriptions to ChatGPT and Copilot to integrate gen AI into operations.
Still, it’s possible to do it yourself, says Senthil Kumar, CTO and head of AI at Slate Technologies, a data analytics provider for construction and related industries. Slate Technologies began rolling out its own AI agents three years ago, even before the AI boom kicked off with the release of ChatGPT.
Given the disruptive potential of generative AI, the stakes are high, as Reuven Cohen, strategic AI advisor to Baxter International, a Fortune 500 company, points out. The struggle is augmenting your workforce or replace it altogether,” he says. Gen AI is not a magic bullet,” she said at the summit.
OpenAI’s recent announcement of custom ChatGPT versions make it easier for every organization to use generative AI in more ways, but sometimes it’s better not to. The customer will not let you off the hook for a data breach just because, ‘It was our AI’s fault.’” He does see opportunities, though, to use GenAI as a sidekick. “It
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