Everyday AI Podcast – An AI and ChatGPT Podcast - EP 214: KPMG Leader's Secrets of Balancing AI Innovation and Ethics

Episode Date: February 23, 2024

When it comes to using AI, there's no limit to the ways businesses can use it for growth. But there probably should be some limits on how you implement AI. There's ethical considerations tha...t you should keep in mind when using AI. Kelly Dowd, Senior Consultant, Innovation Lab at KPMG, joins us to discuss how to balance the ethics and innovation of AI.Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode pageJoin the discussion: Ask Jordan and Kelly questions on AI and ethicsRelated Episodes:Ep 165: Ethical Leadership for AI Implementation in the WorkplaceEp 138: AI for Good – Strategies for Ethical and Sustainable AI DevelopmentUpcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: info@youreverydayai.comConnect with Jordan on LinkedInTimestamps:01:40 Daily AI News04:40 About Kelly and KPMG07:15 Companies adapting to AI12:36 Companies embrace AI for effective, equitable hiring.16:49 Technology adoption speeds up processes, requires transparency.18:14 Communicate transparently, collaborate, and build ethical framework.25:13 GDPR and CCPA provide control over personal data.28:17 Assessing client's business, advising on AI adoption.30:47 Government anticipation for ethical AITopics Covered in This Episode:1. Essential Key Factors for AI Adoption2. Personalization in Customer Experiences3. Addressing Regulations in Different Regions4. KPMG’s Approach Towards AI Adoption5. Recommendations for Ethical AI AdoptionKeywords:Kelly Dowd, Jordan Wilson, transparent communication, customer expectations, data collection, AI adoption, collaboration, regulatory bodies, AI experts, ethical framework, governance, GPT course, personalization, customer experiences, AR system, Sephora, privacy, ethics, data protection, GDPR, CCPA, KPMG, AI strategy, industries adopting AI, tech, healthcare, aerospace, fashion, generative AI, COVID-19 pandemic, business adaptation, Pentagonia, IBM, small and medium-sized businesses, customer-centric approach, stakeholders, transparency, Stable Diffusion 3, Stability AI, Apple, Chat GPT plugins, OpenAI, Innovation Lab.Send Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info) Start Here ▶️Not sure where to start when it comes to AI? Start with our Start Here Series. You can listen to the first drop -- Episode 691 -- or get free access to our Inner Cricle community and all episodes: StartHereSeries.com Also, here's a link to the entire series on a Spotify playlist. 

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Starting point is 00:00:00 This is the Everyday AI Show, the Everyday Podcast where we simplify AI and bring its power to your fingertips. Listen daily for practical advice to boost your career, business, and everyday life. Meet Firefly AI Assistant, now live and Adobe Firefly, the All In One Creative AI Studio. Just describe what you want to create and the assistant handles the rest, orchestrating multi-step workflows across Photoshop, Premiere Express, and more in one conversational interface. You direct the outcome. The assistant accelerates execution. When we talk about using artificial intelligence, there's no limit to what businesses can do.
Starting point is 00:00:52 But there probably should be some limits on how it's implemented, right? Because innovation and AI can happen so fast. But there's ethical considerations that we have to keep in mind. And we're going to be talking about that today and more on everyday AI. Thanks for joining us. My name's Jordan Wilson. I am your host of Everyday AI. And this shows for you, right?
Starting point is 00:01:15 This is a daily live stream podcast and free daily newsletter helping everyday people like you and me, not just learn generative AI, but how we can all actually leverage it to grow our companies and to grow our careers. So some days you get just me, some days you get an amazing guest who's helping other companies push AI forward in the workforce.
Starting point is 00:01:36 So that's today. We have a guest. But before we bring on our guests, and talk about this. Let's do as we do every day. Let's go over the AI news. And as a reminder, if you are joining us live, please go to your EverydayAI.com,
Starting point is 00:01:48 sign up for our free daily newsletter. And if you're on the podcast, we always leave, you know, those links and more notes in the description for each episode. So make sure you go sign up for the pre-daily newsletter. And I tell people, it's literally like a generative AI university. We have now more than 200 episodes. You can go watch at any time,
Starting point is 00:02:06 like by category, right, and read every single newsletter. that I've written, yes, a human, former journalist, I write the newsletters, not AI. All right? So let's talk about what's going on in the world of AI news. So stable diffusion three has been released. So Stability AI just announced their next generation model, stable diffusion three, claiming it will improve quality and accuracy with multiple subject prompts.
Starting point is 00:02:31 So stable diffusion three promises more accurate text incorporation within generated images, setting it apart from its predecessor. This obviously comes after rival company OpenAI released their new AI video model, SORA, which also does images. And it also raises the concern for the potential for fake videos, right? Deepfakes, it's all the talk now, especially with the election here in the U.S. But both companies are taking steps to prevent misuse of their tools and we'll be working with experts before publicly releasing them. All right. So speaking about things that haven't been publicly released yet, Apple is building a secret AI tool, according to
Starting point is 00:03:08 reports. All right. So, the new one here, Apple has apparently quietly released a generative AI tool called Ask for. It's called Ask. All right. So they've released it. It's called Ask. And it is for its AppleCare support advisors. And it's expected to be a key feature in the upcoming iOS 18 and iPhone 16 releases. So this tool right now is for employees to provide faster technical support by generating responses to customer queries from Apple's internal support database. So Apple's new AI tool asks, it's just currently only available to a select group of AppleCare advisors, but it is expected to be rolled out to more employees soon. So I'm guessing this is the precursor of what all end users may ultimately be using, you know,
Starting point is 00:03:54 when the new iOS updates or when Apple announces its Gen AI offering at its WWDC conference in June. Last but not least, sad news. If you listen to the everyday AI show, you know I love chat GPT plugins. Well, they are officially gone. Well, they officially have a death date, right? So I've been talking about this for months. We've known that they were going to get phased out. But chat, or Open AI just released this.
Starting point is 00:04:22 But they are announcing, they just announced on the website, they are winding down plugins. So new conversations with plugins will be disabled on March 19th. So you can no longer start a new conversation with chat GBT plugins on March 19th. and your current conversations with plugins will no longer work after April 9th. All right. So no new plugin conversations March 19th. And your current ones won't work after April 9th, sad day. And hey, we're going to have to update our free prime prompt polish PPP course because a lot of it's based on plugins.
Starting point is 00:04:54 So, all right, that's going to take a little three week off break while we revamp it. All right, you didn't come here to hear me talk about plugins. You probably came to hear about the ethical consideration of AI and strategic vision. I'm excited for today's conversation. I love talking with leaders in the consulting industry, and that's who we have today. So please help me welcome to the show. Bring him on. There we go. All right, Kelly Dowd. Kelly is a senior consultant at the Innovation Lab at KPMG. Kelly, thank you for joining the show. Thank you so much, Jordan, for having me. This is a great show, and I'm so happy to be here. All right. I'm excited. So Kelly, before we dive into it,
Starting point is 00:05:34 And before we talk about how you can use AI for more personalized experiences and ethical consideration and all that, tell us a little bit about what, I mean, what you do at KPMG. Yeah, thank you so much. First of all, I just want to say everything I'm going to say here is just from my personal opinion and it's not a representation of my firm, KPMG. So yes, I'm Kelly Dived. I'm a Nigerian American based out of Washington, D.C. And what I do for the firm is really to help our client think differently. You might wonder, what do you mean by think differently? So we help our clients reevaluate their current products, your services, your process,
Starting point is 00:06:16 and think of what are the strategic initiatives that it can take, right, to improve all of this product or services or processes. Or what are those next new ideas that they might be thinking about? And as you know, with AI here down on our figure tips, we can generate millions and millions of ideas, right? So it's just a gold mind for everyone. However, we just have to think about, okay, what are those ethical considerations? What are those privacy laws that we are not thinking about on a daily basis,
Starting point is 00:06:48 but we have to pay attention to because they are complex. And of course, we don't want a lawsuit, right? So we have to think about the length of breadth of others. And as we go on in this conversation, I would deep dive into all of these critical for that's friends. So thanks for having me again. Oh, no, absolutely. All right. So we got that. Yeah. Sometimes, you know, if you work in the big companies, you can't talk through the companies, we get it. So we're just talking to Kelly, Kelly today and his personal experience. So if you are joining us live, make sure to get your questions in for Kelly. So I mean, what do you want
Starting point is 00:07:20 to know about strategic innovation and AI and how we can balance it? But, you know, Kelly, like one thing I'm curious about with your personal experience, you know, so you talked about, you know, a big part of what you do is helping companies reimagine, right? What can be possible with AI? Like, I'm curious because I think that sometimes it's hard for companies to think differently, especially with, you know, a technology so impactful as generative AI. What's been your experience so far with this? I mean, do you think in general companies, is it very hard for them to change their ways of
Starting point is 00:07:56 thinking that maybe has helped them, you know, grow, you know, in the previous decade? decades? That's a beautiful question. And, you know, first of all, let me let me just put us out there too. So when you think about change, it's not something that is easy at all, right? We all love that process of transformation, but to take the leap of faith, right, to engage in that transformation, it's not something that we enjoy. I mean, some people get a drill. For example, yes, I'd love the trail of just trying to like change things around, right? the same thing it is, because a lot of people love to assess what you have been used to. So when you are rolling out to new innovation, when you are ruling on new ideas, new technology
Starting point is 00:08:43 for people to use, you are actually tapping into that strength power of like, okay, you have to relearn a new to. And which is something that we've really seen across the board, you know, from clients to even employees as well. So it possesses this challenge of, okay, when is the right time for me to take the leave or when is the time to like sit back? I mean, Jordan and the audience, look, AI, it's not a new concept. It's been in existence for a while.
Starting point is 00:09:16 But what makes it new, what makes it so like a shining object, is the fact that generated AI is here and it's actually disrupted the industry. And frankly, if you don't jump on the bandwork, you are really lacking behind. And I'll give you a primary example here. Look at what happened with COVID. No one saw COVID coming. I mean, some people might have said, okay, there might be a pandemic that will be coming.
Starting point is 00:09:44 However, we were not prepared at all. No one was prepared for it. And look at what happened. A lot of companies, you know, closed. Because they didn't think about, okay, what are the new ways? What are those ways that we can be thinking about serving our clients. Well, we were all at home for almost a year, more than a year. And a lot of companies even come back to business at all. Take, for example, small, you know, small-sized businesses,
Starting point is 00:10:13 they had a lot of impacts, right, on curbing. Because if you look at it from this perspective as well, bring it back to the food and beverage industry, the restaurants. Some restaurant were like, okay, this has happened. People are trapped at home. They need to be fed. We need to stay in business, right? We need to continue growing and things like that. So how can we do this?
Starting point is 00:10:38 Some businesses went into this whole mode of, okay, I will do a copside pickup or I would do a delivery service. And as you know, Jordan, the companies that didn't go through the process of thinking creatively or just expanding the idea or trying new things, right? Those are the companies that actually close or failed. I'll use the word failed because for every century, there's always a huge transformation that come. But when the transformation come, I mean, even the technology transformation that happened, right? And here we are, again, advanced technology.
Starting point is 00:11:17 And what is to come, but we can actually use it. I have perhaps to think about what is to come. Yeah. So many, like, Kelly, I love how you, you know, kind of, compared it to, you know, a pandemic. No one sees a pandemic coming. But when it does come, I mean, you have to change, right? You have to change your daily life. And it does change you, you know, from that point forward. With that in mind, you know, for the companies that you're working with at KPMG, you know, do you think that they've kind of already made that shift when it
Starting point is 00:11:49 comes to generative AI? Like, have they looked at it and they're like, okay, we have to change the way that we do business moving forward? Have you already seen that? or do you think that there's still some hesitation, our company is still like, ah, we're not sure about how this, you know, generative AI or how these large language models are going to impact the industry? Beautiful question. And look at us again, right?
Starting point is 00:12:12 If you think about the direction at what we're heading and the timeline at which AI, generative AI, came to play, is still relatively new. So because of that, we have seen consistently companies, trying to take a step back to reassess, to re-evaluate to just at least to even think strategically where they are heading to, right? They have to rethink their vision, their mission, their purpose. And most importantly, is AI just a shining object that we will use and it's just fought to the
Starting point is 00:12:46 site and we will be like, okay, what is next? So because of that, a lot of companies are taking a very careful consideration in adopting AI. As you know, right, to just give you a pop, example of some of the companies that have adopted AI. Take, for example, Pentagonia Sustainable Initiative Strategy. I mean, that is one. I mean, you can also think about IBM's Watson for oncology, right? So that is another company that I've seen the importance of AI and actually taking air and work it into the medical system. So also, I believe Unilevers AI Fair for hiring, that is another critical initiative that was actually roll-ups too that really helps to foster this best hiring, thinking about, okay, when we are
Starting point is 00:13:35 trying to like hire employees and all, okay, what are the ways that we can be equitable, right? We can diversify and we can make sure that we have the right talents, because at the end of the day, the right talents that are needed will be able to, like, do that. implement whatever description that they've been given. If they are not right for the job, then they would struggle, right? With the struggle, it comes with perhaps potential turnover. And also the struggles bring even the companies spending more money on training and each and every company wants to be deeply effective and minimize costs as much as possible.
Starting point is 00:14:16 So companies right now are thinking strategically and they are taking one step that they In my forecast, I will say that will happen one day. We'll have a lot of companies adopting AI. But for now, people are taking a very, very careful consideration when comes to AI adoption. I'm curious about that because obviously, you know, you're working with companies of all sizes, right? You know, probably smaller, medium. And then some of the largest companies in the world, right? So I'm curious.
Starting point is 00:14:50 It's like I've always said, you know, for, you know, especially like small and medium-sized businesses, maybe they have a little more agility and they can take generative AI on a little more wholeheartedly and maybe even quicker. What are some, you know, and this goes to a question here from Harvey. So thanks for asking this, Harvey. He just says, what are some of the top tips that you usually share with others? So yeah, if a company is, you know, ready and maybe they are a little more agile and they say, hey, we can implement this, you know, this month. What are some of the top tips that you might share? Well, that's a beautiful question. And if I would try to be very, very careful here, so I don't give everything. I'm joking. So frankly speaking, when a company
Starting point is 00:15:33 is trying to go to the process of adopting any AI technology, I would say one of the top things that comes to mind is customer-centric approach. Because at the end of the day, you need to think critically about your end-user. You need to think about your customer. You need to think about your stakeholder. So just take that stakeholder-centric approach. I don't know how familiar people are, would you hear, concept of stakeholder-centric approach. Because with that, it really helps you.
Starting point is 00:16:06 So think deep into each and every stakeholder that you serve. We're talking about the internal stakeholder. We're talking about the external stakeholder. Because the interesting thing that a lot of people don't, that we've seen that don't pay critical attention to is the internal stakeholder. Your internal stakeholders, you're talking about your employees, right? You're talking about your board. You're talking about all of the people. The people that actually roll up their sleeves on a daily base is to do the work for you.
Starting point is 00:16:35 You know, that really push the organization forward. That think deep. So you have to think about that. So, and the top party clients that you have that actually provide you some of the resources that help you to be able to deliver to your clients, think about those people as well. And most importantly, your main clients that you serve. So that is your whole stakeholder-centric approach. You have to think about it in a 360 degree way of evaluating all the people that you serve, the people that really help you that bring your products alive. The other parts too that a lot of companies can think about, and this is something that we've seen out there that really helps, is transparency and communication.
Starting point is 00:17:19 You know, when you are trying to adopt technology like this, make people understand the critical impact, make people understand the critical value, and make people understand the process it would take. So take, for example, if normally it takes you two weeks, right, to ship out on information, it takes you two weeks to get things done to deliver to your clients. And now with a process like this, you will do it within, let's say, three days, right? You have to communicate that to your clients. And you frankly speaking, you have to be transparent as well. Because the truth is, if you're not, then there is that expectation amidst a lot. Because your customer are already thinking, well, I will get this in two weeks.
Starting point is 00:18:11 So I'm going to travel to Dubai. By the time I'm back from Dubai, it should be here. But now it's already three days. Then it's arrived. It's sitting outside. The rain comes, then destroyed the product. It's a shipping package or something. So you have to, that is just a very, very small example to bring this home.
Starting point is 00:18:31 Just think about it from the perspective of, okay. your communication, you can never over communicate when it comes to anything that will help you preventing, in my opinion, a lawsuit, right? So your customer, things like that. So you just have to really communicate and try as much as possible to be transparent. Think about communicating the data that you collect to your customers. What is the purpose of the data? Why are you collecting this data? What for? Right? Because at the end of the day, you really need to be careful about the current data laws, right, that governs consumer privacy to personal usage of items. So the other thing that you can think about as well is collaboration and partnership.
Starting point is 00:19:17 So you can try to collaborate with, let's say, regulatory bodies, right, or let's say people that are deeply involved in AI technology. So what are the things that I'm missing? What are the oversight? What are the labs, right? What are the things that are my blind spot that perhaps I'm not thinking about? you are the experts in this domain. You're the expert in the industry.
Starting point is 00:19:38 So then the last but not the list is just think about building an ethical framework and governance. Building an ethical framework and governance would definitely help you to think about the holistic approach of adopting AI. Adobe just introduced an entirely new way to create, bringing the power and precision of its creative suite into one conversational experience. Meet Firefly AI Assistant, now live in the Adobe Firefly app, the All In One Creative AI Studio.
Starting point is 00:20:14 Powered by Adobe's creative agent, Firefly AI Assistant lets you start with your vision, just describe what you want, and shape the outcome as it takes form with the Assistant. The Assistant orchestrates multi-step workflows, drawing on 60-plus pro-grade tools across Adobe Creative Cloud apps, including Photoshop, Illustrator, Premier, Lightroom Express, and more to help bring your ideas to life. You can also get started with creative skills, a growing library of pre-built workflows for common creative tasks, like batch editing photos, creating mood boards, portrait retouching,
Starting point is 00:20:49 and creating social variations. Every step the assistant takes is visible, so you can refine, redirect, or take over at any time. You stay in the driver's seat as the creative director. Adobe Firefly AI assistant now in public beta. See it today at Firefly. There's so much, so much good information there, Kelly. Like I'm over here just typing notes, right?
Starting point is 00:21:16 I've done this show like 200 plus times. I'm like, this is gold, y'all. Like if you're listening, I hope you're enjoying this as much as I am. So one thing I wanted to pull out there, Kelly, that I love that you brought up is over communicating, right? And you have to have, you know, when you talk about ethical considerations, one of the biggest things is open and transparent communication, right? Like one thing, I just had a conversation with our attorney, you know, for my company. And she said, hey, you know, we're going to be using AI in this, this, and this way.
Starting point is 00:21:48 Normally it would take this. We're going to be billing you for this. And I'm like, okay, I appreciate that communication, right? But I do want to get to one point here, Kelly, that we haven't talked a lot about. And that's, you know, the future of what AI can allow us to do, right? So when we talk about strategic innovation, I think that AI can really help us with personalization. Can you talk a little bit maybe about what you've seen in that space or maybe how companies can use AI to even increase the personalization that they offer their customers or clients? Yes. And I would use Sapphora as a primary example here because Sephora is one of the leading giants in the beauty industry.
Starting point is 00:22:30 And Sapphora actually implemented an AI system that really helps their customers to identify what share. of lipstick, what shade of item that they need that is perfect for them? Because you have to think about it from the perspective of, okay, what are my clients, what are these customers that I'm trying to serve, right? What is your socioeconomic background? And what is even the Irish background? Because at the end of the day, you have to think deeply about each and every part of this, right, of your implementation strategy, because the people, the, the back, okay, how much they have to spend. Think about it because, again, you want to make profit by the same time,
Starting point is 00:23:16 you want to ensure that your customers can afford your product. So that is one. Then think about the racial diversity of your customers. Sipora did this perfectly well because you can say, oh, for example, I mean, of course, I'm obviously black and I'm so proud of it, right? But if I go get a makeup, for example, and it's not a shade of my skin, right? And if I apply it, my dear, you come a Dorito or burrito, however you want to carbonate, right? Because you think, well, I mean, the apple doesn't match your oranges and things like that.
Starting point is 00:23:50 Because it doesn't, it's not coherent, cohesive, and it doesn't look the same. So, Cifora is leading in this arena of like, okay, trying to use air to create a more personalized experience for the air customer, Because at the end of the day, you need to lay more emphasis on that experience. Every person here wants something that is best fork, that is tailored to them. I mean, and also it doesn't have to be really expensive. It could just be a little arc that you change your business model that make your customers feel like, okay, this is about me. This is my product. This was made for me.
Starting point is 00:24:28 I'm snagging it out of the chef. That's, Kelly, that's such a good example, right? It's tangible. It's something you can hold in your hands, you know, like a company like Sephora, using generative AI to better match, you know, their end customers, you know, with a shade of makeup that might better, you know, fit their skin tone or maybe a look that they're going for. But, you know, I guess the downside of more data and more personalization and just more AI is more concerns about privacy and ethics. So how can companies balance that? Because it is so powerful. And I think we're living in this sweet age of we have so much data, right? Until Google
Starting point is 00:25:07 maybe finally gets rid of cookies in 2024. So we have this like sweet spot where we have so much data, so much power with generative AI. How can companies balance it ethically with privacy and keeping that trust? That's a beautiful question. And I didn't notice the question. I'm just kidding. So one of the things that companies can do really is they need to respect consumer privacy. brand must navigate, like complex data protection regulations that are out there, right? Think about the GDPR in Europe. Read. I will encourage every person listening to this.
Starting point is 00:25:46 Try to read, if you're trying to go into the field of AI or adopting AI as a whole for your personal or for your business, for your company as well, just think about the navigating the complex data structures and protections of regulation that are out there. So the GDPR in Europe will really help you. The CCPA in California as well will really, really help you to give you more insight into, okay, what are the things that I can do and what are the things that I shouldn't do? What should I stay up from? And also it will give consumer more control of their personal data. Because at the end of the day, I don't want my data to be going to a company that I don't
Starting point is 00:26:26 know anything about and I don't know what it will be using the data for. So as you are John, I'm sure you're really, really concerned about your personal data, you're trying to like fill out of firm online to join a site, and you're asking you for all of this data. Like, okay, what is your data bed? That is very common. I'm just going to show something very, very silly out there. What do you do before you go to bed at night?
Starting point is 00:26:49 It's none of your business. Well, maybe you need it to perhaps create something that is staleigh, right, for me, for my sleeping pattern and things like that. So you have to communicate the reason why you need that data and where is that data going to? So you have to be careful. Again, back to the overcommunication. You cannot do wrong by overcommunicating the need for those data. Think about it.
Starting point is 00:27:16 So try to find a way that you can give consumers control of their personal data and adopt privacy by design principles as well. So just think about when you collect data. data, process the data, try to use a more transparent and secure way of, you know, like displaying the data or even making the case for why you need the data. And again, Ciphora did a great job of this, right? They personalized their beauty product. They also informed their consumers how their data be used. And last but another list, they get, they get, they get, they give your consumers control over the data privacy too. So it's like, well, I'm going to really help you to find the product that best match your skin.
Starting point is 00:28:02 But I will tell you why I am doing it this way. The most important thing is you have control over your data. So don't worry, I'm not going to, like, police your data. I'm not just going to take it and put it in the data bank and whoof, it's gone. No. So Cipora, I've done a great job, right, of helping clients to find their right product. And I say communicating to them why it is essential. And most importantly, giving them the power to only.
Starting point is 00:28:27 the idea. So, so like just the concept, again, of over communicating both upfront and on the back end, Kelly, that's great advice or any leader, any company out there. All right. So before we land this plane, we got a couple of quick questions. We'll see if we can go through them kind of, kind of rapid fire styles. We can get in from the audience here. So, uh, question here. So asking how, uh, and sorry, I don't know if it's cow or chow. So, uh, how do you help clients using AI? Like, Is it just, do they come to you with a software or do they come with you and say, hey, we need to save time? How do companies normally, you know, come and work with you? Yeah, that's a beautiful question. And, Kai, thanks for asking the question. So one of the things that we do really is we do
Starting point is 00:29:12 this assessment, right? I will say with maturity assessments, so understand the current state of the client's business and where they're heading to, which will be the potential future state. So with that, we're able to advise the client the right time to adopt AI, right? And the most important thing as well is, okay, when you're adopting this AI, what can you use this AI for? It's now then how can you prompt, right? How can you generate? What about the data to the data that you need to fit? Are you going to be using a public domain or you're going to be using public charge GPD or do you need to create your own specific company GBT that utilize,
Starting point is 00:29:52 your data, why you're also connected to the cloud. So you have to think about it that way. So we advise about, I mean, one of the things that we just say to client is trying to understand the current state, right, and perhaps the potential features they're heading to. So with that, we'll be able to, like, devise the best AI strategy to adopt. Great. All right. So here we go from Rolando.
Starting point is 00:30:16 Great question. Saying, Kelly, do you see certain industries more open to using AI for innovation? That's a beautiful question. I will say yes, right? I mean, right now, almost all industries are joining into the bandwagon of adopting AI and using it for innovation. So take, for example, the tech industry, as you know, they already, there's AI everywhere. Google, Apple, right? Even your, even your WhatsApp has AI.
Starting point is 00:30:45 So there's AI everywhere. Now you can use it. And they also like, they also plus. out there that you can download from your app store to be able to like use AI and your personal phone as well. So it generates those emails, right? Those ideas, so innovative taught, just newsletter and things like that. So the other thing too that we've seen is we've seen the healthcare industry
Starting point is 00:31:11 adopting more AI-centric approach as well. I mean, of course, he emerging it with customer-centric because at the end of the day, the patient comes first, like, okay, what are the ways they can? can utilize AI to enhance the life of a patient. So the other industry that we are seeing is, I mean, aerospace is coming on. Aerospace and defense, yes, yes, yes, which is really great. And I will say it's my anticipation that I hope that the government will, you know, will be on the plane soon to join us in the whole, you know, let me use the word,
Starting point is 00:31:46 quest for ethical use of AI and so. So, and last but another list, the fashion industry, which is the industry that actually came from before consulting, because I was a fashion model and, you know, before. And I know it's time so when I'm going to like go into all of that. So maybe that for another time. But a fashion industry, a billion dollar industry is actually leveraging AI right now, Roth Lauren, you know, doing a lot. Belize Jagger as well, leveraging AI. So we have seen things out there and companies are joining us, I would say, as swift as possible. But with careful consideration.
Starting point is 00:32:29 All right. Yeah, you better, you better be careful there talking too much about fashion. We might have to hire you on, you know, to help the everyday AI team here. All right. You know, go live every day. So, all right, there's so many questions. We can't get to them all. I'm sorry.
Starting point is 00:32:43 But I do have to ask as we wrap up here, Kelly, what is your one biggest takeaway for for companies out there. Maybe, you know, you're speaking to a business owner right now who has a medium-sized company and they've been, you know, kind of on the fence, right? They want to be able to innovate with AI, but they really do care about the ethical implications. What is that best piece of advice that you have for that person out there that can help them really leverage AI, but do it in a responsible and ethical way? That's a beautiful question. And all I was say is when you are not sure about adopting AI or not. So think about personalization and your customer experience. Think about that. So if you are all about your customers, if you're taking
Starting point is 00:33:34 a customer-centric approach, right, then perhaps an AI adoption would be, might be the right way for you to go. However, should you decide that you want to go into that realm, think about the ethical use of data and think about privacy concern. All of those are critical and it will really help you in the long run. And the last, but another lesson I would say is over communicate. There's no better. Like I've always thought that over communication on AI is important. But Kelly, through your examples today and you've shared like five or six use cases,
Starting point is 00:34:15 the value that you've delivered in a short, 32 minutes has been astounding. Thank you, Kelly Dowd, senior consultant at the Innovation Lab at KPMG. Kelly, thank you so much for joining the Everyday AI show and sharing your insights with our audience. We appreciate it. Thank you so much. Thanks for having me and I'd have a good day. All right, absolutely.
Starting point is 00:34:35 Hey, everyone, if you did get as much value as I did, make sure. If this was helpful, please share this post with your friends, maybe tag them if you're here on social media. But also, join us Monday. All right. Every single Monday, we talk about the AI news that matters. Please go to your everyday AI.com, sign it for the free daily newsletter because Kelly just dropped a lot of knowledge. It's all going to be in there. Thank you for joining. We'll see you back next week and every day for more everyday AI.
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