In Mexico, companies are adapting their business strategies to coincide with the added capabilities of disruptive technology integrations. IBM launches a talent development initiative to train 2 million students with AI knowledge and skills by 2026.
OpenAI launches its own virtual assistant to compete with Amazon’s Alexa and Apple’s Siri. Artists sue AI companies for alleged copyright infringement, contending AI models were trained with artistic content without author consent.
This week in Tech:
Technology in Mexico
Mexican companies contemplate the implementation of digital tools to foment three core business strategy priorities: efficiency, productivity and overall safety of their operations. A recent study led by IDC and DocuSign reveals that 36% of Mexican companies recognize the need to leverage emerging technologies to support their business strategy. However, only 22% are actively investing in technological innovation to enhance their operations, indicating substantial market growth potential for tech companies.
The metaverse is poised to trigger transformative shifts across various sectors, including automotive, energy and healthcare. While the learning curve remains, businesses identify at least three tangible benefits of participating in this new environment: immersive customer engagement, remote collaboration and new revenue streams enabled by virtualized events within this innovative digital space.
As artificial intelligence grows its presence, demand for trained IT professionals increases. This outlook has CIOs concerned about their workforce’s preparedness. Executives expect that the implementation of AI-powered technologies will require 40% of their workforce to be retrained over the next three years, according to a global IBM study. To mitigate the outstanding need for skilled IT talent, IBM has undertaken an initiative to train approximately 2 million students with AI knowledge and skills by 2026.
Global Tech Landscape
OpenAI breaks into the realm of digital assistants, looking to differentiate itself by leveraging Machine Learning technology. This move is in response to the ongoing technological competition among industry giants like Google and Amazon, who are actively capitalizing on advances in Artificial Intelligence and Cloud Computing. OpenAI aims to stand out by offering an all-encompassing virtual assistant that seamlessly integrates both text-based and voice-based interactions, making it a versatile and user-friendly tool capable of learning based on past interactions.
In the past year, creators across various artistic domains worldwide have initiated legal actions against AI companies like ChatGPT, Stability AI and Midjourney. Their lawsuits contend that AI companies have infringed upon their author copyrights by using their artworks as training data for AI models, which produce outputs based on their artistic content. However, the absence of AI regulation enables these AI companies to capitalize on artists’ work without clear and applicable legal repercussions.
Data reigns supreme as a fundamental asset for businesses across various industries. The rise of big data, characterized by vast and diverse information sources, is shaping decision-making processes and driving enterprises forward in the digital age. In industries like foreign trade, where speed and informed decision-making are paramount, big data plays a pivotal role in identifying opportunities, managing risks and optimizing the supply chain. "By effectively gathering and processing information, companies will be better positioned to capitalize on opportunities, mitigate risks and compete in a global marketplace that transforms daily" writes Sergio Hernández, President and CEO, CIAL Dun & Bradstreet Mexico.
The allure of autonomous agents and large language models often misrepresented in media, creating unrealistic expectations. The advice for SMB owners is to approach emerging technologies as you would a new employee—promising but in need of guidance. When dealing with these emerging technologies, "be excited, be engaged, but above all, be realistic" warns Karlo Valentín Rodríguez, Chief Technology Officer, Klustera Inc.
In an ever-evolving business landscape, adaptability is the key to success, writes Javier Villa, Founder, Botget. A capacity that stands to be bolstered by intelligent automation, which brings a process-centric perspective that can elevate organizational efficiency, foster positive cultural shifts and drive efficient growth. "[I]n the Latin American context, CI leaders are the most suitable members within companies to start evaluating Intelligent Automation projects to empower organizations to take further steps," writes Villa.