Embracing Change: Navigating the Challenges of AI Implementation
In this analysis of how ELEMENT AI can drive adoption amidst fear of AI, key issues like privacy concerns and target markets are addressed. The risks of not acting and strategies for change implementation are highlighted for a diverse audience including tech companies and Millennials. Partnerships with human rights NGOs, AI firms, and governments are crucial for success in this evolving landscape.
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Presentation Transcript
ELEMENT AI: PEOPLE AND MACHINES COLLABORATE future of business AHINOAM MAUDA MAAYAN HADASS ZOHAR GERSHONI NOAM KLEIFIELD BGU CONSULTING TEAM JANUARY 2020 BGU CONSULTING TEAM JANUARY 2020
PROBLEM DEFINITION How can ELEMENT AI can bring the change when so much fear impedes adoption of Artificial Intelligence? Problem definition Analysis Implementation plan Key issues Alternatives Risks & mitigation
Key issues Privacy issues Target market Partners Problem definition Analysis Implementation plan Alternatives Risks & mitigation Key issues
Subject to be answered How do ELEMENT AI as a company and an industry promote the opportunities created by AI yet address the perceived downsides? What are the risks associated with that and what are the risks if the subject is not addressed? Who is your target audience? Who are the partners in creating this change? Analysis Problem definition Implementation plan Key issues Alternatives Risks & mitigation
Threats in the AI industry Fear of what the system can do & be fear of the unknown Fear from personal privacy issues fear from personal data leaking without the public / customers knowledge & approval Fear increasing in the public bad usage of personal data collected Fear of replacing human touch by AI systems Everything will be controlled by AI systems The customers preference will decide what will dominate the market in the future & if AI will be used or not
Who is your target audience? Medicine tech companies Tech Millennials companies Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Who are the partners in creating this change? Human rights NGO s AI companies Governments Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Should you address the AI public fear or ignore it? Address it! Customers are afraid from AI. In order to change it you need to take an active approach You can not ignore it because it effects your revenue today If you will not address it-> It will take longer time for the market to adopt this technology Be a leader in this process before other companies will take control over the subject, and shape it in a way that serves them
Should you address the AI public fear or ignore it? The market will handle it alone Do not address it! You will put a lot of effort: time and money on the process It will limit your own activities Creating coalition white your own competitors
We recommend you as a company and as an industry to address the downsides of AI and the customers and public fear
How do ELEMENT AI as a company and an industry promote the opportunities created by AI yet address the perceived downsides? Industry company
How do ELEMENT AI as a company and an industry promote the opportunities created by AL yet address the perceived downsides? Industry company
How do ELEMENT AI as a company and an industry promote the opportunities created by AL yet address the perceived downsides? We recommend you to collaborate with international companies from the AI industry, emphasis the common interest and create an AI union, In order to promote your interests in two ways: Market education Regulation Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Market education Opening events Round table meetings planning the vision, mission, steps & KPI for the future Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Market education Positive representation in the media newspaper articles papers Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Market education Collaboration with universities research AI advantages lectures for students on AL advanteges Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Market education Creating a certificate Standardization in the field of AL Creating a privacy atmosphere Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Regulation Promoting governments dialog Create standardization Reinforce privacy and data agreements Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Regulation lobbing Local lobbing internationally in order to promote regulation Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
How do ELEMENT AI as a company and an industry promote the opportunities created by AL yet address the perceived downsides? company Industry
3 main steps Take the leaders of the process to establish the AI UNION Launching AI first official conference Maximized privacy protection and data Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Step 1 Take the leadership of the process to establish the AI UNION 0-6 months: collecting data about international companies in the field Planning the conference In 6 months: launching the conference & setting milestones for the future Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Step 2 Launching AI FIRST OFFICIAL CONFERENCE O-1: PLANING THE EVENT Committing positive lectures on AI Invite influential people from different fields: medicine, technology, education, government etc In 1 year: launching the conference Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
Step 3 Maximized privacy protection and data 0-1 years: research privacy & data protection Development of protection & privacy technology Implementation plan Problem definition Analysis Key issues Alternatives Risks & mitigation
What are the risks associated with that and what are the risks if the subject is not addressed? Risk mitigation plan Risk Probability Mitigation Disagreements in the AI union about the steps for the future Medium Finding the right partners in the AI industry and emphasize the mutual goals and benefits Media positive representations won t change public opinion strongly enough Medium R&D process and strengthen relationship with public influence figures The public will not be interested in the AI conference Low Learning process and research about public preference and increasing marketing in different channels
Time line 1 year 2 year 3 year Planning the AI union process AI union- round table meeting certification launce AI firs official conference develop privacy promotion and data protection Dealing with ethical issues -Human overseeing throughout all of the process
Capex- in 000s $ Event manager and team for the AI conference Outsourcing- taking event company 30$ AI firs official conference 10$ Market education marketing 30$
Opex- in 000s $ Increase Privacy protection 10$ Planning the AI union process 10$