This webcast replay, from July 2024, features Jake Miller, CEO of Engineered Innovation Group. It goes beyond strategy and shows you how to deploy transformative AI-driven in regulated industries. Discover how to leverage generative AI and Large Language Models (LLMs) while ensuring compliance with state and federal regulations.
Key points from the conversation:
- In a poll during the webcast, 41 percent of respondents said increased productivity is the primary goal for adopting generative AI technology; 29 percent said it is improving product or service offerings; 17 percent said it is enhancing decision-making.
- Generative AI is distinct from other emerging technologies like the metaverse because it is more accessible and can be used by consumers and businesses.
- Large language models are the core of generative AI, but they have limitations like hallucination and lack of remembering context.
- Fine-tuning existing large language models is more practical than training a new model from scratch.
- Retrieval-augmented generation (RAG) can improve the accuracy and speed of large language models, reducing error rates to as little as two percent.
- Large action models and intelligent agents are becoming more popular in regulated industries like healthcare to automate manual processes.
- Hosting private large language models can improve security and compliance, compared to using public models.
- Developing an AI maturity model, attracting the right talent, and addressing ethical considerations are crucial for successful generative AI deployment.
- Balancing data privacy and security with the benefits of automation and innovation is a key challenge in regulated industries like healthcare.
To watch the webcast, click “play” above. You can also download the slides in PDF form below.
Speaker Bio
Jake Miller, CEO
Jake Miller, a visionary Product & Engineering Leader, Founder & CEO, and CTO, is a tech innovation enthusiast. With 20+ years of experience, he excels as a creator, collaborator, consultant, and champion, building top-notch teams and products. As a veteran Technology leader, Jake played a pivotal role in architecting the Salesforce Marketing CloudJourney Builder platform, handling petabytes of data annually. Co-founding MetaImpact, he served as CTO before founding the Engineered Innovation Group.
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