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- Build This Essential AI Powered Tech Stack Today: Unlock Immediate Growth and Future-Ready Success with Practical Steps and Strategies Tailored for Every Business & Team
Build This Essential AI Powered Tech Stack Today: Unlock Immediate Growth and Future-Ready Success with Practical Steps and Strategies Tailored for Every Business & Team
David’s Agility, Goliath’s Power: Leveraging strengths and overcoming limitations in AI adoption across company sizes.
Candyd Mendoza & Benson Sung
September 27, 2023
In today’s Deep Dive…
The untapped opportunities of an AI tech stack: unlock higher returns and growth opportunities.
Tackling AI Tech Stack Challenges: the secrets to overcoming AI tech stack obstacles
Your Blueprint for AI Success: a five-step framework from strategy to data mastery
David vs Goliath: AI Tech Stack Strategies for All Companies Size
AI Tools for Business Domination: a handpicked selection of AI tools designed to get started with a solid AI tech stack.
👋 Benson here today with another AI Deep Dive, which is inspired by comments and feedback from members of the Caveminds Community, who wants to know more about the evolving AI tech stacks and platforms that have longevity for their business.
So this is a call to action for you too! Please continue giving us feedback and let us know what you’d like to see next.
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DEEP DIVE OF THE WEEK
You don’t have to rush to build your AI stack. — Source
Overcoming Challenges in Building Your AI Tech Stack – and Making Sure It Lasts
Just because a tool is AI-powered doesn't mean it's the right fit for every business or process.
On the other hand, half of those “AI-mature” organizations (52%) are super cautious about the risks involved.
“An AI-first strategy is a hallmark of AI maturity and a driver of increased return on investment. However, AI-first does not mean AI-only.
While AI-mature organizations are more likely to consider AI for every possible use case, they are also more likely to weigh risk as a critical factor when determining whether to move forward.”
Now, there are a ton of AI-powered tools in the market, and some are probably in your existing tech stack. But to build or scale a holistic AI stack, you’ve got to tick off three key points:
✔ Cost-effectiveness
✔ Reliable customer support from your AI provider
✔ Sustainability
🏆 Golden Nuggets
Being AI-first is a sign of maturity and can boost your ROI. But remember, it's about using AI wisely, not just widely.
A whopping 55% of businesses are now considering AI for every new project. But more than half of "AI-mature" organizations always weigh the risks.
When building an AI stack, keep in mind these three things: ensure a solid ROI, reliable customer support, and tools that have longevity.
With this said, building and maintaining an AI tech stack is a complex endeavor, and business founders often face several challenges in the process.
It’s likely that you've faced or will face some challenges along the way. Here are the most common ones:
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