Beyond the AI Hype: Entering the Trough of Disillusionment

Let’s bypass the standard executive summaries and talk frankly about what is actually happening with AI in our departments.

If you sit in enough steering committee meetings the past 12-18 months, you notice a distinct shift in the room when the topic of any “AI”-related topics come up. The initial novelty has completely worn off. We find ourselves thoroughly entrenched in Gartner’s Trough of Disillusionment. From a management perspective, this is exactly where we need to be. The early days of generative AI were dominated by parlor tricks. Seeing a chatbot write a poem or draft a polite email, or generating 7-fingered models for social content were interesting, but general-purpose tools do remarkably little to improve a department’s operating margins, let alone an enterprise’s.

(more…)

Don’t Let the Cart Pull the Horse. Tech Enables Business Strategy – Not the Other Way Around

In today’s digital age, technology has become an integral part of every business. It has revolutionized the way companies operate, interact with customers, and manage their operations. Many businesses have embraced technology with open arms, adopting various tech solutions to improve efficiency, productivity, and profitability.

However, while technology is undoubtedly important, it should not be the primary focus of a business.

(more…)