AI has been hitting the headlines recently, with generative AI, in particular, generating a great deal of interest. Two tools – the large language model chatbot ChatGPT and image generator Dall-E – have caused a big stir since launching as public betas in recent months.

These can be thought of as the current cutting-edge, public-facing applications of AI. However, as they are both free to use, their creator – AI research organization OpenAI – has been open about the fact that in order to be sustainable, they will have to start making money at some point.

When it comes to commercializing AI technology today, businesses are generally following one of two strategies. One is to take things slowly, perhaps initiating a small number of trials and pilots, while taking a “wait and see” approach to the organizational, ethical, moral, and societal questions that are coalescing around the technology.

At the other end of the spectrum are companies that are “all in.” Those adopting this more bullish approach are investing in building smart technology and automation into everything they do while also, crucially, taking the lead when it comes to answering the big questions. Read On: