philip lelyveld The world of entertainment technology

The AI Boom Is Built on Data That Companies Are Too Afraid to Use | Opinion

... The organizations that truly pull ahead will be the ones that fundamentally rethink how they create value using assets their competitors cannot easily replicate. ...

Organizations today hold enormous volumes of customer records, financial transactions, healthcare information, intellectual property, operational knowledge and decades of institutional expertise. Those datasets could dramatically improve AI systems and keep organizations competitive with startups that carry a lower regulatory burden. But they also carry legal, regulatory and reputational risks if handled carelessly. ...

The mistake is assuming the only options are to expose sensitive data or avoid using it altogether. Until recently, this may have been true. But leaders do not need to give up hope. As technologies that rely on this data advance, so too do the methods for protecting it. ...

The next generation of AI will not be defined by who licenses the largest model or deploys the most agents. It will be defined by who can safely apply proprietary knowledge that competitors cannot replicate. ...

The organizations that ultimately lead the AI economy will not be the ones making the loudest announcements or chasing every new model that reaches the market. .... They will recognize that protecting sensitive information and extracting value from it are no longer competing priorities. ...

See the full story here: https://www.newsweek.com/the-ai-boom-is-built-on-data-that-companies-are-too-afraid-to-use-opinion-12230883