Tag: Boston Consulting Group

Intel looks to bridge biggest gap in generative AI, spins out AI software firm – Articul8 AI
Technology

Intel looks to bridge biggest gap in generative AI, spins out AI software firm – Articul8 AI

[ad_1]  Intel on Wednesday said it was forming a new independent company around its artificial intelligence software efforts with backing from digital-focused asset manager DigitalBridge Group and other investors. Intel executives would not comment on the value of the deal or whether it would retain a majority stake in the new venture, other than to say the firm would have an independent board of directors and the chipmaker would remain a shareholder. The new entity, which will not be publicly traded and will be called Articul8 AI (pronounced "Articulate AI"), is an outgrowth of work on corporate AI technology that Intel initially carried out with Boston Consulting Group (BCG). We are now on WhatsApp. Click to join. Using one of its own supercomputers, Intel developed a generative AI ...
Big boost! GPT-4 increased BCG employees’ productivity compared to staff without the AI tool
Technology

Big boost! GPT-4 increased BCG employees’ productivity compared to staff without the AI tool

[ad_1] Generative artificial intelligence and its impact on jobs and employment has been a constant debate ever since the new technology sprang up. The educated estimate is that AI is going to make some jobs obsolete, but it will also create new opportunities. However, one particular aspect where not much research has taken place is how AI and humans working together can impact work. This changed with a recent study that monitored the employees of the Boston Consulting Group (BCG) to find out the compounding effect of an AI-assisted working environment after handing some participants a GPT-4 powered AI tool.The study was conducted by Harvard Business School and a preprint version of it has been uploaded to Social Science Research Network. The study, titled Field Experimental Evidence of...