Generative AI has undoubtedly captured the imagination of users, offering assistance in composing emails, creating presentations, and even applying for jobs. However, as the technology continues to proliferate, a note of caution has been sounded by experts, emphasizing that reckless adoption of AI could jeopardize its future.
In recent times, technology vendors have rushed to incorporate generative AI features into their products, but numerous companies have encountered the harsh realities of its limitations after embracing it with open arms.
Jeremy Shapiro, a serial entrepreneur and mentor based in San Francisco, who has spent 14 years facilitating discussions with business networks and scale-up advisory groups, including the Bay Area Mastermind, has witnessed both AI success stories and disasters. He warns against the indiscriminate use of AI simply because it’s readily available.
Shapiro points out that AI was historically somewhat inaccessible to entrepreneurs and business founders. Still, with the widespread availability of generative AI tools, business owners and their teams are increasingly deploying AI without a comprehensive understanding of its limitations.