Disruptive Innovation Radar: Using AI for Effective Strategies

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AI: The Next Transformation

Your guide to real-world application

Disruptive Innovation Radar: Using AI for Effective Strategies

April 19, 2023 | Newsletters & Alerts

Our Disruptive Innovation Radar roundup features the latest news, trends and insights from the world of Artificial Intelligence. From breakthrough research to emerging applications, this roundup covers it all in a concise, informative, and easily accessible format.

Disruptive Innovation Radar

The world is constantly changing, and so must our marketing and sales strategies. AI is here to help us adjust to the volatility and make sure our strategies are up-to-date and effective. AI is also transforming the legal profession, making it more efficient and accurate. And Runway's Gen-2 is the next step forward in generative AI, allowing us to create and customize AI models quickly and easily.

Using AI to Adjust Your Marketing and Sales in a Volatile World

Why are some firms better and faster than others at adapting their use of customer data to respond to changing or uncertain marketing conditions? A common thread across faster-acting firms is the use of AI models to predict outcomes at various stages of the customer journey. These firms are using AI to predict which customers are likely to churn, while their competitors react after the customers have already left. And when their predictions go off track because of external changes or market conditions, they use that feedback to quickly reorient and redirect their marketing and sales efforts. U...

hbr.org

Runway’s Gen-2 Is The Next Step Forward in Generative AI

Text-to-video AI is soon going to become a reality, all thanks to the Runway which just took the next step forward in Generative AI. Recently, the AI startup announced Gen-2, a new AI video generation model.

aithority.com

An AI-generated Rihanna cover of Beyoncé's 'Cuff It' is going viral, and it could open up a new legal nightmare for the music industry

AI-generated covers of popular songs are going viral, with fans recently praising a cover of Beyoncé's "Cuff It" featuring Rihanna's vocals. The phenomenon could open up a new legal nightmare for the music industry.

nordic.businessinsider.com

How AI promises to transform the legal profession

Like other industries, the legal profession promises to be impacted by the rise of artificial intelligence — but don’t expect it to result in armies of lawyers suddenly on the unemployment line. The legal industry was pinpointed as one of the areas most prone to automation in a recent Goldman Sachs report, which drew global attention due to its alarming prediction that 300 million jobs would be automated over the next decade. A total 44% of legal jobs will be at risk, the report stated.

www.glossy.co

Formulating plant-based cheeses using AI

PARIS — Plant-based cheese powered by artificial intelligence (AI) will soon be headed to the market due to a partnership between The Bel Group and Climax Foods, Inc., Berkeley, Calif., a company that uses AI to match the texture, flavor and nutrient density of plant-based alternatives with their conventional counterparts.

www.foodbusinessnews.net

"Swarm Organisations" ? Designing the Work for a Resilient Future in a Digital, AI-driven world

Over the last decades, society has experienced an exponential increase in change, a development anticipated to become a “perma-crisis.” Unfortunately, our human and organizational adaption is much slower, the traditional, hierarchal management structure is just not equipped for highly volatile environments. As a result, many companies experience an increase in eco-system mismatches and fail to create value for their stakeholders.

www.conference-board.org

Kawasaki Partners with NEURA Robotics To Release New Cobot Line

Kawasaki Robotics earlier this month introduced a new series of robot arms as part of a collaboration with NEURA Robotics. The CL Series is made up of four new robot arms offering payloads and reaches of 3kg/590mm (6.6 lb./23 in.), 5kg/800mm (11 lb./ 31 in.), 8kg/1300mm (17 lb./51. in.) and 10kg/1000mm (22 lb./39.3 in.), respectively.

www.robotics247.com

AI-powered hyper-personalized recommendations now key to building brand trust and loyalty

Personalization has been a top-priority consumer demand for a while now, but new research from real-time AI firm DataStax indicates that it’s time for brands to take it up a notch. The company’s new survey underscores the need for even more relevant recommendations, the kind that are now delivered through machine learning and artificial intelligence technologies. These hyper-targeted recommendations, such as highly personalized products or next best actions, are now critical for companies looking to build consumer confidence and drive recurring sales.

www.agilitypr.com

Elon Musk to launch truth-seeking artificial intelligence platform TruthGPT

According to a Apr. 18 post by Fox News, Elon Musk told Fox News’ Tucker Carlson that he’s developing a ChatGPT rival in the form of “TruthGPT,” a large language model (LLM) he says will be trained to explore the mysteries of the universe.

cointelegraph.com

‘AI-based models, designs are the future for fashion industry’

Artificial Intelligence (AI)-based designs and models are going to be the next big thing and globally things have started moving in this direction. Recently, denim company Levi’s announced its partnership with an AI studio to create AI-generated fashion models which will supplement human models. AI generated model, dress, design and location by fashion designer Gunriddh Sial (House of Gulaal)

tech.hindustantimes.com

Jobs Platform LaborX Will Use SingularityNET’s AI Tools To Automate Recruitment Process

Blockchain-powered recruitment platform LaborX has announced a partnership with the SingularityNET AI solutions developer to automate job search and hiring processes. LaborX, which is a product of Australian company Chrono.tech, will use SingularityNET’s AI solutions to analyze job candidate profiles in a faster and more comprehensive manner, streamlining the screening, selection, and hiring process. Current statistics indicate that each posted vacancy can attract from 1,000 to 2,000 candidates, making selection both time-consuming and inefficient. The application of AI is expected to improve ...