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Deutsche Bank – Where's my AI revolution, Nov 2023

Summary
The Deutsche Bank's article titled "Where's my AI revolution?" discusses the current state of generative AI, specifically focusing on the ChatGPT technology. The article acknowledges that despite the initial buzz and excitement surrounding generative AI, its widespread implementation has been limited. The shortcomings of the underlying technology, known as the Large Language Model (LLM), have been identified as one of the main reasons for the slow progress. However, the article emphasizes that technology cannot be viewed in isolation. It requires collaboration and integration into a comprehensive hardware and software framework, which takes time to develop and implement. The article draws an analogy to the Mesoamerican wheeled toys to illustrate the concept further. It suggests that understanding the wheel is not enough; practical applications such as carts and chariots cannot be achieved without horses or oxen to pull them. Similarly, generative AI requires more than just technological advancements. It necessitates adequate resources, including technology and data, governance frameworks, and people to facilitate its effective use in enterprises. The practical guide aims to address these significant obstacles and provide insights on how companies can overcome them to unlock the potential of generative AI. By doing so, the article suggests that businesses can take a step towards a revolution in productivity and creativity.
Region: Global 
Published: November 2023 
Author(s): Deutsche Bank 
Language: English 
Tech drivers: AI 
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