Oct '23 • 📚 Recommendations
Data Value Chain
Coming across this interesting data value chain in the context of Gen AI Use Cases. Other key points from the enclosed article by McKinsey:
- Generative AI is a powerful technology that can create new content and insights from data, but it requires a strong data foundation and strategy to capture its value.
- Data leaders should consider seven actions to enable their companies to scale their generative AI ambitions, such as building specific capabilities into the data architecture, ensuring data quality, protecting sensitive data, and using generative AI to manage their own data.
- Data leaders should also track the performance and impact of their generative AI initiatives, and be ready to adapt to the changing landscape of regulations, talent, and costs.
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Data Value Chain
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