In this webcast, Brandon Powell, CEO and Founder of HatchWorks AI, and Matt Paige, VP of Strategy, share practical insights on developing AI tools tailored for CEOs.
The discussion, hosted by John Harling of CEO Coaching International, highlights essential AI application development strategies for business growth, cost-effective AI integration, and real-world examples of successful AI implementations.
Brandon and Matt emphasize the importance of starting with business problems before exploring AI solutions, understanding total cost of ownership, and gradually integrating AI into business operations.
They also discuss the benefits of open-source AI models and the significance of training internal teams to leverage AI effectively.
Key Takeaways:
- Brandon Powell explains the dual-path approach to AI: understanding AI basics and identifying business problems first.
- Discussion on quick AI wins, such as chatbot implementations for internal processes.
- Demonstration of HatchWorks’ internal HR bot and its efficiency in answering employee queries.
- Explanation of RAG (Retrieval-Augmented Generation) and its cost-effectiveness.
- Insights into the difference between AI bots and agents, with examples of their applications.
- Matt Paige showcases a real-time emotion detection tool using a large language model.
- Key advice on training internal teams and using AI to improve employee satisfaction and retention.
