EXECUTIVE INSIGHT
then use it . In deciding to use , reserve enough time and budget for the human parts of the project to enable success .
Q . WHY DO YOU THINK THAT 2024 NEEDS TO SEE GREATER AI REGULATION ?
» One of the principal obstacles to AI adoption is the great legal uncertainty at the moment . On the one hand , there are many court cases currently in flight , each of which has the potential to set a precedent and be a landmark case , as there are almost no precedents available right now . On the other hand , many countries and states are currently thinking about regulations but most have not finalised them .
The result is near complete uncertainty on what is legal , what will be regulated and how , and what the penalties are , if any . What seems certain is that many places in the world will answer these questions very differently . In an industry that mainly lives on the internet with vendors , data centres , and customers in different countries , it is unclear how these rules will be enforced effectively .
Businesses buying and applying tools to modify processes need assurance that these changes are legal and longlasting . Currently , they do not have that reassurance , so I forecast the next big change in AI will not come from technology makers but lawmakers .
Q . WHAT IS THE VALUE OF BUSINESSES UTILISING THE CLOUD MOVING FORWARD ?
» The shift to cloud has several significant advantages over on-premises data centres . It transforms spending from a CapEx to an OpEx model , allowing
companies to concentrate on their core business focus without dealing with IT complexities and managing hardware intricacies . Many software tools are usually baked into the cloud and pre-integrated with each other , minimising the effort required for setting up and maintaining the environment . Previously difficult and expensive processes like backup and security have become no brainers as cloud providers take care of them in the background . Software and data become available easily , anywhere , and anytime .
22 March 2024