Part 4/10:
Interestingly, both Daugherty and Terry noted that the rapid pace of technological advancements in generative AI has been a larger surprise than the technology's capabilities themselves. Daugherty's earlier work, "Human + Machine," reflected on how AI could augment human abilities. Fast forward to 2023, and the forecast has proven correct — generative AI is indeed enhancing productivity and creativity across various sectors, albeit at a speed that even seasoned experts find remarkable.
This pacing underlines the urgency for businesses to engage with generative AI proactively. Daugherty articulated that for organizations to stay competitive, they need to dive into potential applications, experiment, and develop foundational capabilities to scale AI usage effectively.