Element.AI Paving the Way for New Business Doing
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LUSEM Consulting Team
Akos Nagy, Gustaf Nordin, Johanna Sjoeblom, Anna-Maria Ostermann
Presenting to: JF Gagne, Yoshua Bengio
LUSEM
Consulting
Agenda
LUSEM
Consulting
LUSEM
Consulting
Man fears what he
doesn’t understand!
What is happening in the industry?
LUSEM
Consulting
Disrupting existing
business models
Demystify AI
LUSEM
Consulting
Demystify AI
The key issues
LUSEM
Consulting
LUSEM
Consulting
Demystify AI and make it understandable!
LUSEM
Consulting
High Impact
Low Impact
Constructive
Destructive
Utopists
Pragmatics
Skeptics
Dystopic
Two-folded target group
LUSEM
Consulting
Element AI
End Consumer
IT companies
What are our alternatives?
LUSEM
Consulting
Defend
Apologize
Explain
Ignore
Communication is key!
Current strategy AI
firms are taking
Push for the good,
play down the
negative
Yes, there are still
issues but the
positive outweigh
the negative!
You really haven’t
done anything wrong
So how do we explain?
LUSEM
Consulting
LUSEM
Consulting
How do we open up as a company?
LUSEM
Consulting
Future Talent
•
Hackathons
•
Universities
•
Open doors
Collaborative partnerships
•
Licensing partnerships
•
Brand Ambassadors
Ensure future innovation
Increase usage of products
Share the Intellectual Property to gain more
volume
LUSEM
Consulting
Open Intellectual
Property
Closed Intellectual Property
High Volume
Low Volume
Share the Intellectual Property to gain more
volume
LUSEM
Consulting
Open Intellectual
Property
Closed Intellectual Property
High Volume
Low Volume
Element AI
Key risks
Industry risk
Business risk
LUSEM
Consulting
Industry risk
LUSEM
Consulting
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#1 Unethical use case
•
Degrading human
purpose
•
Bias
•
Inclusion
(1) Educate (2) Best in class talent (3) Data security
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Lack of use control
#2 Inconsiderate use
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Lack of privacy
•
Opportunistic minimum
viable product
•
Spill-over effects
(1) Educate (2) Best in class talent (3) Data security
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LUSEM
Consulting
Business risk
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Consulting
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Loose control of IP
#3 Business
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Loose trust
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Lack of applicability
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Lack of funding
(1) Innovation (2) Increased transaction
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LUSEM
Consulting
Mystification
LUSEM
Consulting
Executive Summary
LUSEM
Consulting
Main Challenge
Recommendation
Key Success Factors
Key Issues
How to improve the image and perception of AI?
Demystify AI and open up Element AI for increased interaction and
everyday usage
Security
Negative
perception
Lack of
understanding
Protection
Branding
Education
Element AI is at the forefront of revolutionizing business strategies through innovative solutions. The consulting team, led by Akos Nagy and others, presents a comprehensive approach to analyzing, recommending, and implementing AI technologies in a variety of industries. Explore the challenges and opportunities in the AI landscape as they demystify AI and aim to improve its perception. Two-folded target groups, Element AI and IT companies, are key focuses for driving adoption and understanding in the market.
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Presentation Transcript
LUSEM Consulting Element AI Element AI Paving the way for a new way of doing business LUSEM Consulting Team Akos Nagy, Gustaf Nordin, Johanna Sjoeblom, Anna-Maria Ostermann Presenting to: JF Gagne, Yoshua Bengio
LUSEM Consulting Agenda Situation Analysis Alternatives Recommendation Implementation Risks Conclusion Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Man fears what he doesn t understand! Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting What is happening in the industry? Big Data Resistance AI Open Source Disrupting existing business models Security Augmentation & Automation Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Demystify AI Machine Demystify AI Services & Operations Human Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting The key issues Job Loss Black Box Privacy Bias Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Main Issue How to improve the image and perception of AI? Recommendation Demystify AI and open up Element AI for increased interaction and everyday usage Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Demystify AI and make it understandable! High Impact Utopists Dystopic Destructive Constructive Skeptics Pragmatics Low Impact Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Two-folded target group Element AI IT companies End Consumer Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting What are our alternatives? Communication is key! Push for the good, play down the negative Current strategy AI firms are taking Defend Ignore You really haven t done anything wrong Yes, there are still issues but the positive outweigh the negative! Apologize Explain Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting So how do we explain? Partnerships Customers B2B Universities IT Companies Medical Companies Smart cities Agricultural sector (Farming 4.0) Marketing Campaign Break it down YouTube Web Tutorials Seminars Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Main Issue How to improve the image and perception of AI? Recommendation Demystify AI and open up Element AI for increased interaction and everyday usage Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting How do we open up as a company? Future Talent Collaborative partnerships Hackathons Universities Open doors Licensing partnerships Brand Ambassadors Increase usage of products Ensure future innovation Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Share the Intellectual Property to gain more volume Open Intellectual Property Low Volume High Volume Closed Intellectual Property Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Share the Intellectual Property to gain more volume Open Intellectual Property Low Volume High Volume Closed Intellectual Property Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Element AI Key risks Industry risk Business risk Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Industry risk Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting What are the key industry industry risks? #1 Unethical use case Degrading human purpose Bias Inclusion Mitigation Mitigation (1) Educate (2) Best in class talent (3) Data security Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting What are the key industry industry risks? #2 Inconsiderate use Opportunistic minimum viable product Lack of use control Lack of privacy Spill-over effects Mitigation Mitigation (1) Educate (2) Best in class talent (3) Data security Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Business risk Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting What are the key business business risks? #3 Business Loose control of IP Lack of applicability Loose trust Lack of funding Mitigation Mitigation (1) Innovation (2) Increased transaction Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Mystification Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
LUSEM Consulting Executive Summary Main Challenge How to improve the image and perception of AI? Negative perception Lack of understanding Key Issues Security Key Success Factors Protection Branding Education Demystify AI and open up Element AI for increased interaction and everyday usage Recommendation Situation Analysis Alternatives Recommendations Implementation Risks Conclusion
