The disruption is upon us with tangible and very material impact! All participants must adopt & accept or perish!

A tangible AI disruption is upon us.


Tyler Perry, the American filmmaker, decided to cancel an $800 million expansion of his Atlanta film studio after being introduced to OpenAI's Sora, a text-to-video machine learning algorithm. Perry expressed concern over the technology's potential to significantly impact jobs within the entertainment industry, noting its ability to generate realistic scenes from text descriptions, thus reducing the need for physical locations and potentially jobs ... MORE


Accenture announced a $3 billion investment in its Data & AI practice to help clients across all industries rapidly and responsibly use AI to achieve greater growth, efficiency, and resilience​​. This reflects a trend where businesses are not just cancelling or scaling back investments due to AI disruption but are also strategically investing in AI to ensure they remain competitive in the evolving digital landscape ... MORE


A report from McKinsey highlighted the varying impacts of generative AI across different industries, indicating that technology, financial services, pharmaceuticals, and education sectors are likely to experience significant disruption. The report also pointed out that many organizations are not yet fully prepared for the widespread use of generative AI or the business risks it may bring, including issues related to inaccuracy and cybersecurity​​. This suggests that while AI offers substantial opportunities for innovation and efficiency, it also presents new challenges that businesses must navigate carefully ... MORE


PwC's 2024 AI Business Predictions report further supports the idea that AI, particularly generative AI, is set to fundamentally change business operations, emphasizing the importance of adopting AI strategically to realize its full potential while managing its risks​​. This trend indicates a shift in how businesses perceive AI, viewing it not just as a potential disruptor but as a critical driver of future growth and innovation ... MORE



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