Intel’s AI Expert Reveals Essential Steps for Integrating Generative AI: Boost Efficiency & ROI

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Intel’s AI Expert: Integrating Generative AI Can Drive Efficiency and ROI

Integrating generative AI into an organization is a multi-step process that can significantly impact efficiency and the bottom line. Monica Livingston, the leader of Intel’s AI Center for Excellence, highlights the essential steps to assess opportunity, gather resources, and deploy infrastructure when building a generative AI strategy.

Evaluating the AI strategy begins with considering the cost versus return on investment. It’s crucial to determine the desired outcomes and business needs that AI can fulfill. Implementing AI isn’t just about doing things better, but also exploring entirely new types of applications that were previously inaccessible.

When it comes to building an AI application, organizations face the decision of building from the ground up, purchasing off-the-shelf solutions, or customizing existing applications. The key factor in this decision-making process is ensuring a positive return on investment.

Understanding the available data is another fundamental aspect of getting started with AI. Building AI models requires relevant datasets, either from an organization’s own resources or through licensing or accessing external datasets. The availability and usability of data play a crucial role in training AI models effectively.

Once the organization determines its workload and whether it should be developed in-house or externally, the focus shifts to infrastructure. For smaller AI models and running inference, Intel recommends the 4th Generation Intel Xeon Scalable Processor. Since many data centers already have Xeon processors in their install base, using general-purpose infrastructure aids in reducing the infrastructure costs.

Responsible AI is becoming increasingly significant. It is crucial to vet vendors and their AI practices to ensure they are deploying AI responsibly and have processes in place to address any potential issues.

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When building AI models and integrating AI into applications, it is essential to consider the business outcome and evaluate whether incorporating some form of AI would be beneficial for the application.

In summary, integrating generative AI into an organization involves assessing the cost and potential return on investment, understanding the available data, selecting the appropriate infrastructure, and ensuring responsible AI practices. By following these steps, organizations can harness the power of AI, enhance efficiency, and boost their ROI.

Frequently Asked Questions (FAQs) Related to the Above News

What is generative AI?

Generative AI refers to the use of artificial intelligence techniques to create new content, such as text, images, or sound, that is original and realistic. Unlike traditional AI models that rely on existing data, generative AI can generate new data that resembles the input it was trained on.

Why should organizations consider integrating generative AI?

Integrating generative AI into an organization can significantly impact efficiency and the bottom line. It allows organizations to explore new applications and possibilities that were previously inaccessible, leading to innovation and competitive advantage.

What are the essential steps in assessing the opportunity for generative AI?

When assessing the opportunity for generative AI, it is crucial to evaluate the cost versus return on investment. Organizations should determine the desired outcomes and business needs that AI can fulfill and assess whether incorporating AI would be beneficial for the application.

What options do organizations have when building an AI application?

Organizations can choose to build their AI application from scratch, purchase pre-built off-the-shelf solutions, or customize existing applications. The decision-making process should prioritize a positive return on investment and align with the organization's specific requirements.

How important is data in building AI models?

Data is crucial in building AI models. Organizations need relevant datasets to train their models effectively. This data can come from internal resources, external datasets obtained through licensing, or accessing publicly available datasets. The availability and usability of quality data significantly impact the success of AI models.

What infrastructure is recommended for running AI models?

For smaller AI models and running inference, Intel recommends using the 4th Generation Intel Xeon Scalable Processor. Since many data centers already have Xeon processors as part of their install base, using general-purpose infrastructure can help reduce infrastructure costs.

Why is responsible AI important?

Responsible AI ensures that AI systems are deployed ethically and in a manner that respects privacy, fairness, and accountability. It is crucial to vet vendors and their AI practices to ensure they have processes in place to address potential issues and protect against biases or unintended consequences.

What should organizations consider when integrating AI into their applications?

Organizations should consider the desired business outcome when integrating AI into their applications. They need to evaluate whether incorporating some form of AI would enhance their efficiency and overall performance, ultimately contributing to a positive return on investment.

How can organizations benefit from integrating generative AI?

Integrating generative AI can lead to enhanced efficiency, increased innovation, and ultimately boost return on investment for organizations. It allows for new applications and possibilities that can positively impact various aspects of an organization's operations and outcomes.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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