Wed Nov-15-2023: Clear Goals and Pragmatic AI Use, DeepMind's GraphCast Achieves 90% Accuracy

In this episode, we discuss the importance of clear goals and practical use of AI in achieving faster decision velocity. We explore how companies that invest in technology and utilize AI, analytics, and data technologies are able to make accurate decisions in a volatile and complex environment. The episode also highlights a consumer packaged goods company as an example of successful AI-powered decision intelligence. Additionally, we touch on the FTC's stance on AI and the balance between innovation and consumer protection laws. Lastly, we learn about DeepMind's GraphCast, which has achieved a 90% accuracy in weather forecasting. Don't miss out on the upcoming RejectionCon, where rejected talks from large events will be showcased, with all registration proceeds going to the Rural Tech Fund.Three things to know today00:00 Clear Goals and Pragmatic AI Use: Success Factors in Decision Velocity04:49 FTC's Stance on AI: Balancing Innovation with Consumer Protection Laws08:41 DeepMind's GraphCast Achieves 90% Accuracy in Weather ForecastingSupported by: https://rejectioncon.com/https://liongard.com/mspradio/Want to take my class? https://www.itspu.com/all-classes/classes/navigating-emerging-technologies-for-msps/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Support the show on Patreon: https://patreon.com/mspradio/Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.comFollow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftech  💼 All Our SponsorsSupport the vendors who support the show:👉 https://businessof.tech/sponsors/ 🚀 Join Business of Tech PlusGet exclusive access to investigative reports, vendor analysis, leadership briefings, and more.👉 https://businessof.tech/plus 🎧 Subscribe to the Business of TechWant the show on your favorite podcast app or prefer the written versions of each story?📲 https://www.businessof.tech/subscribe 📰 Story Links & SourcesLooking for the links from today’s stories?Every episode script — with full source links — is posted at:🌐 https://www.businessof.tech 🎙 Want to Be a Guest?Pitch your story or appear on Business of Tech: Daily 10-Minute IT Services Insights:💬 https://www.podmatch.com/hostdetailpreview/businessoftech 🔗 Follow Business of Tech LinkedIn: https://www.linkedin.com/company/28908079YouTube: https://youtube.com/mspradioBluesky: https://bsky.app/profile/businessof.techInstagram: https://www.instagram.com/mspradioTikTok: https://www.tiktok.com/@businessoftechFacebook: https://www.facebook.com/mspradionews Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.