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‘Trustworthy AI is going to win in the market’ – 25 quotes of the week on creativity, innovation and technology

- by Madanmohan Rao [July 31, 2024]

WordSparks (‘words that spark change’) is a weekly feature from MXR.world, featuring quotes from media around the world on creativity, innovation and technology (see our earlier compilation here). Share these gems and insights with your colleagues and networks, and stay tuned here for our next edition!













What AI does really, really well is it gets you off to a fast start.

Ultimately, AI lets us fail faster and create quicker.

Generative AI-enabled stories are more similar to each other than stories by humans alone.

When AI becomes the primary source of ideas and innovation, the distinctiveness of human creativity may be lost.

Despite the enhancement effect that generative AI had on individual creativity, there may be a cautionary note if generative AI were adopted more widely for creative tasks.

Great technology and great entertainment work hand in hand to build great, big businesses.

Hollywood executives must recognize that AI is a revolution, not just another tool.

If left unchecked, the increased use of AI tools in the media, arts, and creative industries will lead to mass job losses and the end of intellectual property as we know it.

By better understanding the science of emotion, we can inspire better creativity.

For brands, creators represent a direct-line into new and engaged audiences and a chance to ride the wave of our ever-evolving culture.

I want AI to do my laundry and dishes so that I can do art and writing, not for AI to do my art and writing so that I can do my laundry and dishes.

The journey to GenAI maturity is about fostering a culture of continuous learning and creativity.

Embracing data governance isn’t just about managing data; rather, it’s about building a culture where data guides every decision and ultimately leads to success.

If you are not focusing on data, we may not be able to get the result from these AI investments.

Prompt engineers need to combine the linguistic creativity and think-on-your-feet chops of a stand-up comedian; the gift of gab of a content marketer; and the savviness of a data scientist.

AI is an exoskeleton that needs a human at the heart, otherwise it is just a bag of bones.

Digital transformation can help to manage and automate [manual] processes and paper trails, helping the philanthropist see where their attention is needed, as well as potentially speeding up the vetting process.

Digital twins are revolutionizing industries by providing a virtual mirror of physical systems, enabling real-time insights and predictive capabilities.

Though there do remain several technological hiccups, interaction with customers by bots helps elevate the overall experience.

As a driver of sustainable development, the creative economy requires continued policy attention and investment to maximize its positive societal impact.

Africa has many assets, starting with its demographics, to exploit the potential of emerging technologies, including AI, to make the long-awaited quantum and macro-economic frog leap.

Lawyers must validate everything GenAI spits out. And most clients will want to talk to a person, not a chatbot, regarding legal questions.

AI-related lawsuits can be roughly sorted into two simple buckets: copyright infringement and harmful AI-driven outcomes.

Responsible AI is about implementing principles and best practices for building safe, secure, and trustworthy AI systems.

Trustworthy AI is going to win in the market.

Madanmohan Rao is Co-founder of MXR.world, and author of 15+ books on innovation, knowledge management, and digital transformation. He can be followed on LinkedIn and Twitter