Gen AI in Enterprise, Data P&L, and Event Storming - Dino Scheidt | The Long Game

[@EasyYoutubeAI]

Explores the misconceptions of AI strategies, the limitations of generative AI, and emphasizes the importance of integrating technology with existing business strategies. 00:05: AI strategies are non-existent; AI is merely a tool. 01:07: Generative AI is gaining attention but has limitations. 02:10: Hallucinations in AI outputs are often misinterpreted. 03:27: Generative AI is currently at the peak of hype. 04:43: The hype cycle varies for different AI research communities. 06:10: Engineers and managers have contrasting perspectives on technology. 08:41: Non-deterministic systems introduce chaos into predictable environments. 10:01: Chatbots are often misapplied in value chains. 12:50: AI should support existing strategies rather than dictate them. 21:50: Generative AI should focus on simple, deterministic outputs.

[@elijahmurray]

Helpful, thanks!

[@pedro_nothere]

Hi Elijah and Dino, thank you very much for your podcast, it is really helpful and interesting! At 21:40-ish, Dino mentioned that it would be useful if we could write prompts that return only "yes or no." For that, you have several tool libraries such as Pydantic and Instruct, which, when integrated with OpenAI or Anthropic chat completions, make it possible to return the output structure we want, such as a JSON structure with different data types and also enums if you only want a option a list of options as a response. Continue with your amazing podcasts!

[@elijahmurray]

Appreciate the library suggestions, Pedro!! 🫶

[@DelmaRaySmithJr]

Saw the RE-20 and subscribed to listen to it work for you.

[@elijahmurray]

Thanks for subscribing! What's the RE-20?

[@dinoscheidt]

@@elijahmurray My microphone 🥰. @DelmaRaySmithJr But it is actually the Electronic Voice RE27N/D not the R20 - my german accent doesn't go well with cutting off higher end dynamics like the R20 or Shure does 🥲. Used the Zoom F6 as the audio interface

[@aga5979]

My screw driver strategy is to keep the relevant screw driver in the easily accessible rack or tool box.

[@BooleanDisorder]

Same. Centralization and the regulatory capture by "concerned AI companies" (LOL, I see you Sam Altman and his world tour) are waaaay bigger concerns. THAT we should have a strategy against.

[@elijahmurray]

Fair points. I feel like for regulatory capture, it's something that's so fundamental to our crony capitalistic society it's so hard to mitigate against. How do you prevent it?

[@gokayk6262]

I agree 90% of whatever Dino said, but the delivery and the calmness of the video makes it hard to watch

[@elijahmurray]

Thanks for the feedback! What would make it easier to watch for you?

[@dinoscheidt]

Yep. Agree… was like 40C in my apartment… in this one I am definitively a sleepy cooked potato. Literally

[@gyurilajos7220]

There is enough chaos outside the world

[@elijahmurray]

Agreed.

[@cesar4729]

Saying that you hate a chat bot already speaks of a bias and a childish approach to the subject, which you cannot trust not to color your chain of thoughts.

[@elijahmurray]

I think we're all biased given we're human, but the least we can do is be transparent about our biases.

[@cesar4729]

@@elijahmurray The brain chases certainty, so it needs to believe more than it needs to be right. Biases are a natural defense mechanism. They cannot be avoided, but they can be used as a reference parameter. In this case, these parameters do not convey confidence. That's all.

[@themultiverse5447]

Agreed. So did another 5 people and counting. I left a similar comment. If your channel only has 337 Scribes, you may want to rethink your strategy. Maybe the video was great, maybe you could rethink the editing. IDK and I'm not coming back to find out. I'm spending this much time to give constructive criticism and not just downvote and leave. Blessings from the Multiverse ✨

[@elijahmurray]

@@themultiverse5447 Love the feedback! If you have any suggestions on the editing I'd love to hear them. What didn't you like? The intro it seems?

[@dinoscheidt]

Love this thread. At 15:53 I talk about how we humans need to use heuristics to cope with limited processing. The “Hate Chatbot” is the kind of exploiting heuristics on what this video is about. I am happy to see that it worked and can be added to my examples. ​@@elijahmurray the editing is perfect, very much in line for this Videos theme of “AI Strategy Sucks”. Thank you very much!

[@paksabar9693]

sakjane enak melu maxim luwih bebas timbange sing liyane

[@elijahmurray]

matur nuwun!

[@paksabar9693]

@@elijahmurray sami-sami

[@gyurilajos7220]

Remember data lakes and all the hype cycles of pump and dump The AI winter is nigh again Made the comment before listening hope to hear voice of reason not rationalizations of patentvinsanity

[@elijahmurray]

So what's your verdict? Did you hear reason or rationalizations?

[@gyurilajos7220]

Chaos stchssticity

[@elijahmurray]

What do you mean by this?

[@INTELLIGENCE_Revolution]

0:32 AI is a general purpose technology. NOT ‘just a tool’. I appreciate your technical knowledge.. but you have a negative view of the obvious strategic benefits. You would be the opposite of what an existing organisation would need right now.

[@BooleanDisorder]

That might be, but the main problem with AI isn't the tech itself but who controls it. I for one don't want huge companies to be the ones deciding the future of AI.

[@elijahmurray]

Wouldn't you say that all technology is tools though? Some powerful, some not as powerful, but all tools to serve a purpose nonetheless?

[@elijahmurray]

Agreed!

[@Crank797]

I think he's just scared of losing significance in the job market given his "conventional" mindset and methodology. But that's my POV. I say which ever Software Engineer doesn't familiarize themselves with AI and its possibilities, loses long term.

[@Crank797]

​@@BooleanDisorderthere are plenty of open source tools

[@gyurilajos7220]

Chatbox lazy approach

[@elijahmurray]

How would you approach building things differently?

[@themultiverse5447]

First impressions matter: That goes for any conversation of any topic, no matter how difficult. "I hate..." immediately turned me off. Good luck to the both of you fellows, but I'm not going to be partaking. SMH

[@elijahmurray]

I appreciate the feedback! Thanks for taking the time to leave a comment, I'll consider your advice.

[@nguyenanhnguyen7658]

Sounds loosing out. Be positive.

[@elijahmurray]

Always good to be positive!!

[@misa-g3o]

BLA BLA BLA

[@elijahmurray]

Haha. Not a fan?

[@gyurilajos7220]

Crappy at scale

[@elijahmurray]

Yes, but I think a lot of new technology is always crappy at scale. The design patterns are still emerging for what works well, as well as the infrastructure and cloud services and platforms. Innovators dilemma.

[@OldManShoutsAtClouds]

A screwdriver doesn't have privacy and data protection implications. It doesn'thave larger implications outside of its narrow use case and therefore doesn't require a strategy. Dude doesn't seem to actually understand business, I'm not sure why he's speaking so confidently on this topic.

[@BooleanDisorder]

Well, at the same time, centralization and regulatory capture are way bigger threats than AI itself. Human power seeking, that's the main problem. In fact, it should be solved first in everything.

[@diemes5463]

@@BooleanDisorder Solving the problem of human greed will be more impactful than any technology

[@elijahmurray]

If it's a smart screw driver connected to the cloud it might have privacy implications 🤣

[@OldManShoutsAtClouds]

@@elijahmurray hahaha fair 😂

[@MGorsky251]

Thank you guys for this conversation. It is always nice to hear from knowledgeable people. My favorite: Dino have introduced a screwdriver analogy, implying that GenAI is a simplistic technology tool, and by the end of a conversation he called it an “Intelligence Revolution” :-)