How Entrepreneurs Can Make AI an Asset, not an Obstacle

The age of artificial intelligence is upon us, and the global landscape of its capabilities and uses is constantly changing at a rapid pace. This term has been used broadly in the media in many contexts, but the definition of AI is, “the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.” Beginning to assess how AI can fast-track various facets of your business model is a beneficial next step for global entrepreneurs to take. Working with the new technology, instead of against it, is key here.

Jodie Cook writes for Forbes in her article, “Entrepreneurs Aren’t Using AI To Its Full Potential: Here’s How To Think Bigger,”

“Instead of a commercial law firm thinking about how to use AI writing tools to tidy up contracts and remove typos, they should think about what they can build so their customer feels safe and protected legally when running their business. Instead of a personal assistant worrying that they are out of a job once their clients realise there’s an existing tool for everything they do, they can use their expertise to design the tools and create new ones that work better.”

Adjusting your mindset when it comes to AI is an effective strategy for maximizing its potential. Cook explains that with the cutting-edge Chat GPT programs that are ever-evolving, “plus every tool that is being dreamed up and developed into reality by visionary entrepreneurs, there’s a widening gap between those with their head in the sand and those grabbing AI with both hands.”

We want to make sure that our community of global women entrepreneurs is in the business of maximizing the opportunities that artificial intelligence presents as they unfold. Below are a collection of relevant articles for our network to learn from.

• The Future Founder’s Guide to Artificial Intelligence
• The Rise Of AI Entrepreneurs: How This Technology Is Creating New Opportunities
• 2023 State of AI in 14 Charts
• The art of leading in the AI age

It is an excellent time to prepare for the future while educating ourselves on the present.