Insight Partners, one of the biggest and active venture capital firms, is telling all advisors that AI is going to be a big part of the future and is not going anywhere now. Insight conducted a survey recently and found that 72% of its portfolio companies are now using AI, while 36% are putting forward budgets for the adoption of AI in their firms. Its portfolio companies include Wiz and Weights & Biases. The firm said that AI has the capability to increase productivity and make tasks easier but they know that many business leaders feel overwhelmed with this big change in their work.
So Insight suggested an approach for all the companies who are intimidated with the adoption of AI. It said that companies should try to slowly lean into AI by incorporating it into simple tasks and then gradually moving to more advanced tasks. As AI is still maturing, a human touch is also needed so companies should embrace the “human-in-the-loop” framework.
Insight said that companies should focus on three points first: Knowledge Management, Content Generation and Customer Insights. It also suggested companies participate in more intimate gatherings which can attract buyers and that can help the company stand out in the world.
Image: DIW-Aigen
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So Insight suggested an approach for all the companies who are intimidated with the adoption of AI. It said that companies should try to slowly lean into AI by incorporating it into simple tasks and then gradually moving to more advanced tasks. As AI is still maturing, a human touch is also needed so companies should embrace the “human-in-the-loop” framework.
Insight said that companies should focus on three points first: Knowledge Management, Content Generation and Customer Insights. It also suggested companies participate in more intimate gatherings which can attract buyers and that can help the company stand out in the world.
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Read next: Bluesky Strengthens Impersonation Policies Amid Rapid Growth and Rising User Concerns
