Siebel has a unique perspective on where enterprise technology has been and where it's headed. Chris J. Ratcliffe—Bloomberg via Getty Images
good morning.
I've been attending C3.ai's Transform customer event in Florida for the past two days. CEO Tom Siebel then gave the most consistent explanation I've ever heard of how AI will transform large enterprises. Siebel joined Oracle and in 2009 he founded Siebel Systems before launching C3.ai, so he has a unique perspective on where technology has been and where it is going. I have. He boiled it down to his three phases.
– Enterprise software companies (Oracle, Siebel, etc.) have given large enterprises control of their data and 20/20 results information on their performance and operations.
—Predictive AI allows businesses to use that data to predict the future and turn it into valuable intelligence.
—Generative AI democratizes that intelligence and makes it accessible to everyone in your company through a natural language interface.
Siebel acknowledged a number of concerns that companies currently have with generative AI, including random responses, lack of traceability, lack of data management, increased cyber risk, intellectual property leaks, and hallucinations. However, he believes these will soon be solved by the so-called search augmentation generation (RAG), which allows large-scale language models to provide user interfaces, but with deterministic and traceable responses. Get all the information and intelligence from your enterprise systems with enterprise-quality data and IP. Control. Remember this acronym, his RAG, as it is key to the future of the use of generative AI in large enterprises. (Full disclosure: C3.ai is luck Partner. )
For companies on this journey, luck , in partnership with Accenture, continues its series of AI learning events at Fortune Brainstorm AI in London on April 15-16. The team features an impressive group of experts, including executives from DeepMind, Microsoft, Palantir, Shell, Royal Philips, and Maersk, as well as CEOs and founders of AI startups such as Darktrace, EleutherAI, and Precognition. Learn more and request an invitation here or send me a note.
Other news is below.
alan murray
@alansmurray
alan.murray@fortune.com
top News
one phone
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Climate change disclosure
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chip control
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THis edition of CEO Daily is curated by Nicholas Gordon.