October 19, 2024 Where’s The Generative AI ROI? Start With The Supply Chain AI Featured, News In this article: Current supply chain communication relies on outdated methods like faxes and unstructured documents.These inefficiencies lead to frequent errors, delays, and lost items during shipping.Generative AI is helping to modernize the process by automating tasks and improving communication.While advanced AI applications like chatbots struggle to be profitable, AI in supply chains is showing real ROI.AI enables faster error detection and triaging, reducing delays and improving accuracy.This early success demonstrates AI’s potential to solve practical, operational challenges.The focus on ‘boring’ but valuable tasks highlights AI’s near-term potential in sectors like logistics.More https://www.bigtechnology.com/p/wheres-the-generative-ai-roi-startMore
AI Featured, AI Governance, AI Regulation, News Senator introduces bill to compel more transparency from AI developers
AI Featured, AI Governance, AI Regulation, News Aus: ChatGPT, Meta Google GenAI should be designated ‘high-risk’, bipartisan committee recommends