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#llm#large language model#ai for enterprise#ai for business#generative ai#artificial intelligence#techolution
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Trends in AI & Generative AI: Insights from The 2023 AI Summit New York

Last week, I covered the AI Summit in New York. I was excited to learn about the trends in AI and generative AI and to see some commercial applications of these new technological advancements.
Patrick Murphy of UAB led the AI Exhibitor hub. Patrick shared insights from his research on Entrepreneurship. He shared how start-ups use AI, and Generative AI to scale up and bring products to market.
Generative AI is being used in the following eight ways:
Content and Asset Generative
Automated Processes
Ideation
Financial Management
Project Design
Optimized Structures
Acceleration and incubation
Ethics and Risk Management.
There was a pitching completion where start-ups did pitches in multiple rounds. At the beginning of the competition, they received advice from judges on best practices.

One of the start-ups that was of interest was Botwise. Jan Nowak shared how his team shared a use case on how they leveraged Language Learning models (LLM)using statistics and GPT solutions for rapid automation in customer service for Mylead.global is a platform that allows influencers to earn money. As a result, MyLead.global was able to screen influencers faster and better for their big brand clients.
AI-Powered Use Cases from across the board panel discussion
Leaders Saira Kazmi Ph. D. (CVS Health), Matthew Blakemore (Creative Industries Council) Taha Mokfi (HelloFresh), Kriti Kohli (Shopify), and Kris Perez (Data Force) share how they use chatbots, improving both the buyer and seller experience using AI. How AI can be used in video games to identify levels of violence and how AI can improve in healthcare and Radiology reducing the amount of time images are read while improving accuracy and detail.
Another interesting Panel was by Tim Delesio CTO of techolution

Tim asked What’s driving the explosive rise of AI all of a Sudden?
The answer is the economics of the labor market.
On the demand side, he cited labor shortages and persistent high inflation.
On the supply side, he cites the rise of ChatGPT and, major scientific and Technological breakthroughs in the past five to seven years.
He shared trends in AI for 2024 that include:
Physical Labor with AI to help deliver small batch sizes with high-precision quality control
Improved customer engagement by providing a new generation of customer service agents using Generative AI
Tim demonstrated some of these trends when he ordered a soda using an AI-powered robotic arm.
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The booth had another machine showing how AI can enhance inventory management when items are ordered.

I was amazed to see some AI Tech that techolution brought to the marketplace.
On that note, I saw an AI-powered Kiosk by Graphen where a man ordered his food and paid. This company is using AI to revolutionize all industries.
Man orders food AI Kiosk

Man pays for food at AI Kiosk
There were so many great talks and exhibits.
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Additional pictures can be found on Instagram.
I want to thank the AI Summit for having me as their guest. If you want to use AI and Generative to improve business outcomes, sign up for the AI summit in your city.
What do you think is next for AI and Generative AI?
Comment and share below.
Additional pictures can be found on Instagram.
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Techolution
Website: https://www.linkedin.com/company/techolution-mobi
Address: 3 World Financial Center 24th Floor, New York, NY 10281
Techolution has a mission to provide high quality hybrid cloud solutions to customers. Headquartered in NY, Techolution is a global tech consulting firm with offices in India, Singapore, Indonesia and Mauritius. Techolution specializes in implementing managed services clients needing to digitally transform their operations.
https://www.linkedin.com/company/techolution-mobi
https://www.facebook.com/techolutioncity/
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IT Sector: Q4FY21 preview- A robust fourth quarter in offing
IT Sector: Q4FY21 preview- A robust fourth quarter in offing
Meanwhile, Street would have to catch up with estimates revisions. The Q4FY21 results of Indian IT services companies are likely to reinforce our “Bottom of tech upcycle” thesis expounded in the Techolution series. Not only that, we expect the results to surprise again all over — higher guidance, better-than-expected margins and upbeat outlook. Meanwhile, Street would have to catch up with…

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Techolution off campus drive 2020 |Android Intern| BE/ B.Tech|Freshers
Techolution off campus drive 2020 |Android Intern| BE/ B.Tech|Freshers
About the Company:
Techolution is a high-tech consulting company on a mission to accelerate digital transformation for our clients across the globe. We are a very successful start-up that is small enough to care and large enough to be trusted by some of the top brands in the world such as Apple, JPMC, DBS Bank, NBC, Stryker, JCrew, etc. Techolution specializes in UI Modernization, Cloud…
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Cypris Announces Partnership with Techolution - Yahoo Finance https://ift.tt/2QRj8Sz
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Java Developer
Hi, Hope youre doing good, This is Rajesh from Techolution, I have an excellent opportunity for you. Please find the below details, Job Title: Cloud Native Developer Location: Wilmington, DE Duration: Full time Job Description: We are looking for talent like yourself to join our Java team on mission to work on projects for some of the greatest brands in the world. ... from Job Portal https://www.jobisite.com/sj/id/9036563-Java-Developer
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Java Developer
Hi, Hope youre doing good, This is Rajesh from Techolution, I have an excellent opportunity for you. Please find the below details, Job Title: Cloud Native Developer Location: Wilmington, DE Duration: Full time Job Description: We are looking for talent like yourself to join our Java team on mission to work on projects for some of the greatest brands in the world. ...
Source: https://www.jobisite.com/sj/id/9036563-Java-Developer
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#agentic ai#legacy code modernization#legacy systems#techolution#enterpriseai#code modernization#app modernization#technical debt
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#IT skills shortage#technology talent gap#legacy system skills shortage#aging tech workforce#enterprise workforce challenges#retiring IT workforce#technical debt#techolution
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#cobol modernization#legacy app modernization#cobol systems#ai in software engineering#digital transformation#mitigate ai risks#techolution
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#ai automation#digital transformation#rule based automation#ai powered automation#ai and automation#instant learning for ai#techolution
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#technical debt#ai code review#refactoring#project analyzer#ai code automation#techolution#legacy application modernization#code quality
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