Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. While generative AI has been around for several years, the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities. Every business wants to get on board with ChatGPT, to implement it, operationalize it, and capitalize on it. It is important to realize that the usual "hype cycle" rules prevail in such cases as this. First, don't do something just because everyone else is doing it – there needs to be a valid business reason for your organization to be doing it, at the very least because you will need to explain it objectively to your stakeholders (employees, investors, clients).