The democratization of Artificial Intelligence (AI) for businesses, particularly in the form of Generative AI (GTM) such as GPT, which was developed by OpenAI in collaboration with Microsoft, has enabled us to embark on a new era of AI. In the 1990s, the emergence of web browsers such as Netscape Navigator initiated a series of developments that transformed how people work, interact, consume, collaborate, and live.
This is a parallel that goes back in history. Anyone can take part in the process through the use of point-and-click with browsers. According to Arif Patel of Preston UK, Dubai, London-based businessman, the internet changed from a platform used by "tech enthusiasts" to a platform that was used by "a lot of people" and underwent a significant transformation.
Patel's Preston Trading Company is in a tough spot in the oil and gas industry. He's also a big supporter of charities in Preston and London.
On pervasive AI, Arif Patel, a London philanthropist argues that it is now possible to personalize and utilize as a pervasive “copilot” that guides us throughout our work, consumption, and life.
The events that follow will be mind-boggling and awe-inspiring. This will be the pivotal moment that will make Artificial Intelligence (AI) the dominant computing platform in 2023 and subsequent years. According to Arif Patel from Preston UK, pervasive AI is far from being a reality.
Since the 2000s, machine learning (ML) and deep learning have been steadily advancing, and this has been accompanied by a rapid shift toward the cloud. This shift is the second element of the solution, and these enterprises are now shifting their focus away from the migration to the cloud and toward extracting value from it. As a result, an increasingly widespread AI-first environment is emerging, as the desire for clear commercial value converges with AI's ability to provide such value. AI-first is not a solution that seeks to solve specific problems but rather provides those who utilize it intelligently with the ability to quickly identify and capitalize on real opportunities and achieve sustainable competitive advantage.
Arif Patel predicts that this will cause huge changes that could transform entire industries and lead to a new era of GDP growth. Since the cost of moving an idea from idea to reality will be almost nothing, it will change the "building blocks" of many companies and change the way they operate. It will change how customers interact with businesses and how citizens interact with government agencies. Companies will have to rethink how they create and sell their products and services.
With the right approach, AI can tackle complex issues by utilizing external information and reevaluating technology interactions, resembling the Industrial Revolution.
Arif Patel, a philanthropist in London thinks computer processors are 100,000 times faster than the electrical signals in our brains. But there's more to it than that. It all comes down to the faster time to value in first-time use cases.