At Data & AI Edge, Dr. Michael Kollo, CEO of Evolved AI, unpacks the fundamental difference between data and AI, emphasising that AI isn’t just an extension of data infrastructure.

It’s a whole new way of making decisions.

He challenges the common misconception that AI is merely a utility, like data, highlighting its potential to transform how organisations think and decide.

Through stories and examples, Dr. Kollo underscores the importance of integrating AI into a business’s existing cognitive processes, rather than treating it as a separate tech solution.

He addresses common fears and misconceptions about AI, especially the worry that it will replace human workers.

7 AI pitfalls organisations must avoid:

  • Misconception of Data and AI: AI requires a different approach than data infrastructure.
  • Inconsistent Decision-Making Processes: Misaligned decision-making hampers effective AI integration.
  • Over-Reliance on Data Quantity: More data doesn’t guarantee better decision-making outcomes.
  • AI as a Cost-Cutting Tool: AI’s potential extends beyond workforce reduction and automation.
  • Binary View of Technology: AI’s probabilistic nature requires a flexible, non-binary mindset.
  • AI as a Support Function: AI should be integrated as a core business function.
  • Cultural Resistance and Fear: Address employee fears to ensure successful AI adoption.

Dr. Kollo argues that AI should be seen as a core business function, not just a support function, emphasising its ability to enhance human skills and drive value.

Additionally, Dr. Kollo stresses the importance of cultural readiness and adoption within organisations. He highlights the need to address employees’ anxieties and uncertainties about how AI will impact their roles and future prospects.

It’s vital to understand AI as a transformative force within organisations.

Businesses should seamlessly integrate AI into their decision-making processes and organisational culture.

He emphasises the need for collaboration between business and technology teams to use AI effectively, positioning it not as a standalone solution but as a strategic enabler of competitive advantage and business growth.

Key takeaways:

  • AI is a paradigm shift in decision-making, distinct from traditional data infrastructure, challenging the idea that it’s just an extension of data.
  • AI should be viewed as a core business function, not just a utility or support function. It can enhance human capabilities and create value within organisations.
  • Cultural readiness and alignment with existing cognitive frameworks are crucial for successful AI adoption, requiring collaboration between business and technology teams to integrate AI effectively and position it as a strategic enabler of competitive advantage.
Contributors
Dr. Michael G. Kollo CEO at Evolved.AI
I am the CEO of Evolved Reasoning, a Generative AI – based company that provides education materials for conferences, workshops and presentations... More

I am the CEO of Evolved Reasoning, a Generative AI – based company that provides education materials for conferences, workshops and presentations for executive business leaders looking to understand, trust and deploy artificial intelligence solutions, especially Generative AI models like ChatGPT in their businesses.

With offer a pragmatic business lens on what is otherwise a deep experience set in the algorithmic component and capabilities of complex AI systems. My co-founder and I are both experienced technical business leaders, and we love working with organisations at all levels of competence. In fact, we really enjoy bringing high performing executive teams on the AI journey from a business strategy perspective.

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