In todays business landscape, AI and emerging technologies are everywhere.
As a tech entrepreneur, Ive seen both the excitement and the anxiety around this.
Too often, businesses dive into AI without a clear understanding of what it can actually do for them.
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Start With the Right Questions
The first thing I tell executives is to ask the right questions.
Instead of What can AI do?
ask What should AI do for my business?
The tech world is full of buzzwords, but not all of them lead to real business outcomes.
AI shouldnt be implemented for its own sake.
Instead, focus on high-impact areas where it can streamline processes, cut costs, and boost efficiency.
This saved them $3 million annuallyexactly the kind of real-world impact businesses should prioritize.
Think about the areas in your business that involve repetitive, data-heavy processes that eat up your teams time.
These are prime candidates for AI optimization.
Consider professionals like doctors, attorneys, accountants and engineers.
AI struggles with strategic planning, which is a long-term, high-level process requiring foresight and adaptability.
The same thing happens when we venture to apply AIs predictive models too far into the future.
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This kind of abstract leapfrom origami to life-saving medical technologyis beyond AIs capabilities.
You dont need to overhaul your entire business overnight.
Take the case of a digital real estate startup I worked with.
They even wrote their entire e-commerce site using Google App Script generated by ChatGPT.
This is a perfect example of how AI can empower even small businesses to achieve big results.
AI and emerging technologies are not just the futuretheyre the present.
And theyre ready to deliver real ROI for your business if you know where to apply them.
Once youve identified those areas, take the first step.
Implement a cost-effective AI solution and measure the impact.
Youll likely be surprised by how quickly the benefits start to add up.
AI isnt just about cutting-edge innovation or tech buzzwords.
Its about solving real business problems and creating tangible, measurable value.
The sooner you start, the sooner youll see the results.
