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Data & AI Industry Predictions in 2024 with Sapphire Ventures, Unstoppable Domains, and Tata Consulting Services.

Data & AI Industry Predictions in 2024 with Sapphire Ventures, Unstoppable Domains, and Tata Consulting Services.

FromThe Data Chief


Data & AI Industry Predictions in 2024 with Sapphire Ventures, Unstoppable Domains, and Tata Consulting Services.

FromThe Data Chief

ratings:
Length:
68 minutes
Released:
Jan 10, 2024
Format:
Podcast episode

Description

Gen-AI, Gen-AI, Gen-AI. The transformative technology has captured the imagination of everyone in the tech industry. Industries are shifting before our eyes, and the roles and responsibilities of data practitioners everywhere are going to shift again. The question is not whether an impact will be made, but what will the impact be? In this episode, Cindi sits down with 3 industry leaders to discuss how AI will impact our work and our personal lives in 2024. Sandy Carter shares how a severe injury in Brazil impacted her outlook on data sharing, and data verification in a world where AI can convince millions that the Pope wears puffy jackets. Jai Das sees a gap in educating technical workers if AI is too widely adopted. Prab Pritchandi shares how the financial industries will modernize in a heavily regulated environment. Industry Predictions: There will be an intersection of AI Privacy and blockchain technology that will be poised to reshape the entire landscape of proof of ownership. And therefore, also revolutionize data sharing practices. We will go and move into a decentralized proof of ownership because of the increasing use of Gen AI and the fear of deep fakes. (TIME_TBD) - Sandy CarterGenerative AI is going to get rid of a lot of the grunt work that we have day to day. Including some of the groundwork in data prep, some of the groundwork that analysts have to do, or even understanding reports and dashboards. I think the fear about [AI] getting really smart and destroying the world is really far-fetched. All of the LLMs and all of these GPT 5 and all of these models, they're great [but] they're not really reasoning. They're not right. They're great at getting some information and putting it in a new form. They don't come up with anything original. So I'm not actually fearful of [AI] replacing humans. - Jai Das90 percent of the data available in the world has been created in the last one year.And every year the amount of data is actually increasing. I could say data is really a good digital twin of your business [but] that itself is not a value unless you're able to convert this data to insights and then convert the insights to actionable insights. - Prab PitchandiKey MomentsJai observes 2023 AI startups are missing profitable business models  (10:55)Jai identifies a gap in education. Developers are trained through repetition. But what happens when repetition is replaced by AI (24:53)Sandy breaks her femur and surgery is delayed by 48 hours due to data (34:54)Sandy says, Taylor Swift is Web 3.0 (46:30)Prab compares banking data and analytics to cricket (51:27)Prab wonders if Formula 1 can be driverless (1:07:00)Mentions: Microsoft CoPilotGoogle GeminiMidjourneyOpenAITop 10 data and analytics trends 2024The Year GenAI Comes to Fruition: 10 Enterprise Tech Trends Set to Define 2024Bios: Sandy Carter, Unstoppable Domains, Chief Operating OfficerSandy is the Chief Operating Officer and Head of Business Development at Unstoppable Domains, a company that is building the decentralized web using blockchain and AI technologies. With over 10 years of experience in the technology industry, she has led and created new categories and products that have transformed businesses and markets. Recognized as a CNN Top 10 Women in Tech, Forbes Digital Influencer, Top AI Influencer, a Game Changer, and a Top SXSW SpeakerPrab Pitchandi, Tata Consultancy Services (TCS), Global Head, Analytics and Insights group, Banking, Financial Services, and Insurance (BFSI)Prab is Vice President and Global Head of the Analytics and Insights group in TCS’ Banking, Financial Services and Insurance (BFSI) business unit. He has over 29 years of experience in the BFSI space with specialization in capital markets and risk management. He is passionate about the potential of data to create value and efficiencies and has been leading this initiative across BFSI. He has led many front-to-back transformations and regulatory programs for leading Wall Street firms and has b
Released:
Jan 10, 2024
Format:
Podcast episode

Titles in the series (92)

Meet the world’s top data and analytics leaders transforming how we do business. Hear case studies, industry insights, and personal lessons from the executives leading the data revolution. Join host Cindi Howson, Chief Data Strategy Officer at ThoughtSpot, every other Wednesday to meet the leaders and teams at the cutting edge.