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How AI and Data work together - Judah Phillips - Making Better Decisions - Episode # 014
Manage episode 429329292 series 3566389
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In this podcast Ryan speaks to the CEO of Squark Judah Phillips. They discuss the importance of AI when looking at the future of Data Analytics. The conversation also touches on how to ensure that the data you are hunting for is the correct data for the question you are asking.
Takeaways:
- They discuss the evolution and application of language models (LLMs), particularly focusing on large language models (LLMs) like ChatGPT and their impact on AI and business strategies.
- It emphasizes how LLMs use sophisticated mathematics and proprietary approaches to generate contextually relevant language in real-time
- The discussion also distinguishes between generative AI, exemplified by LLMs, and predictive AI, which focuses on statistical predictions and business analytics. It underscores the importance of aligning AI tools with specific business use cases to achieve tangible outcomes and return on investment (ROI).
- The narrative highlights challenges such as data privacy concerns and the need for strategic integration of AI into business processes.
- Overall, the passage advocates for a nuanced approach to adopting AI technologies, emphasizing the necessity of clear business objectives and understanding the diverse capabilities of AI tools for effective implementation.
Quote of the Show:
- “You have to ensure that the question you're trying to answer can be answered by the data that you have. ” - Judah Phillips
Links:
- LinkedIn: https://www.linkedin.com/in/judahphillips/
- Website: https://squarkai.com/
Ways to Tune In:
- Spotify: https://open.spotify.com/show/6PpvYXoXjAYl8auDpmShYi
- Apple Podcasts: https://podcasts.apple.com/us/podcast/making-better-decisions-leaders-in-data/id1739178505
- Amazon Music: https://music.amazon.com/podcasts/5e2ec300-0c66-4e24-8b01-0586af60235c/making-better-decisions-leaders-in-data
- Podchaser: https://www.podchaser.com/podcasts/making-better-decisions-leader-5672586
- Transistor: https://www.makingbetterdecisions.live/episodes
- YouTube: https://www.youtube.com/@MakingBetterDecisions/podcasts
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