Can market research be done effectively with a synthetic market? This research from Ayelet Israeli Ayelet Israeli , along with Microsoft colleagues James Brand and Donald Ngwe, presents a comprehensive study on the application of Large Language Models (LLMs) like GPT-3.5 in market research. It explores the extent to which these models can simulate consumer […]
There is a growing belief that scalable and low-cost AI assistance can improve firmdecision-making and economic performance. However, running a business involvesa myriad of open-ended problems, making it hard to generalize from recent studiesshowing that generative AI improves performance on well-defined writing tasks. Research from Rem Koning Rem Koning and Rowan Clarke, along with colleagues […]
The COVID-19 pandemic forced widespread social distancing, affecting every aspect of society, including universities. Face-to-face interactions, crucial for sparking innovative ideas and collaborations, were replaced by video conferences, raising concerns about the impact on scientific knowledge and discovery. As organizations adopt hybrid or fully remote work models, questions arise about the “death of distance” in […]
Insights from the December 13th, 2023 session on Gen AI use cases in the BioPharma sector.
The following insights are derived from a recent session on GenAI in Healthcare. On November 15th, the D^3 Institute’s Generative AI Observatory hosted the first session in its GenAI in Healthcare series, produced in collaboration with the Responsible AI Institute. Speakers Satish Tadikonda (HBS), Nikhil Bhojwani (Recon Strategy), Var Shankar (Responsible AI Institute), and Alyssa […]
The following insights are derived from a recent Insights from the Field event featuring Chad Sanderson, covering the topic of Data Contracts for achieving high-quality data for Artificial Intelligence (AI). Overview Chad began this session by demystifying some hyperbolic claims in the world of Artificial Intelligence (AI), including the idea that AI models could replace […]
