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Outokumpu CEO Kati ter Horst on steel, free trade, Europe’s competitiveness, AI, sustainability, and leading when the old rules are gone....
September 29, 2023 • by Amit Joshi, Michael R. Wade in Mike & Amit Talk Tech • Podcast available
Mike & Amit discuss how AI has moved on from closed applications to solving complex context-less problems...
Apple Google SpotifyIn the first episode of Mike and Amit’s mini-series on artificial intelligence, our hosts discussed the birth of AlphaGo and the technological underpinnings of generative AI.
But what makes ChatGPT different? Is there anything that fundamentally sets this latest generation of AIs apart from their predecessors?
At heart, says Amit Joshi, generative AI is still based on probability. Based on a given input a machine will try to figure out what should come next, and programs based on neural networks and backpropagation were brilliant at solving problems where context was not important.
But now AI has moved on. It can understand complex ideas without the framework of a board game or a closed system. That, says Mike Wade, is a game-changer.

Professor of AI and Strategy
Amit Joshi is Professor of AI and Strategy at IMD and Program Director of the AI Strategy and Implementation program, Generative AI for Business Sprint, and the Business Analytics for Leaders course. Â He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience of AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma.

Professor of Strategy and Digital
Michael R Wade is Professor of Strategy and Digital at IMD and Director of the Global Center for Digital and AI Transformation. He directs a number of open programs such as Leading Digital and AI Transformation, Digital Transformation for Boards, Leading Digital Execution, Digital Transformation Sprint, Digital Transformation in Practice, Business Creativity and Innovation Sprint. He has written 10 books, hundreds of articles, and hosted popular management podcasts including Mike & Amit Talk Tech. In 2021, he was inducted into the Swiss Digital Shapers Hall of Fame.

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