The Executive Study Group (ESG) seminar – Leadership
with AI – “How to use “AI
Canvas” Make Our Business Smarter and Stronger” was held by the ESG, Asia
Pacific Institute for Strategy Limited (APIFS) on 20th Dec 2019. Before the seminar, I took a photo with Dr. Mak Lee (Research Director, APIFS) and other friends
for memory. After that I would like to summarize the seminar for
sharing below.
I met HKSQ Corporate member Mr. Dominic Lam (COO, CMA
Testing) and member Mr. CY Lam (Technical Service Manager, Global Accounts,
Apparel, COATS).
I recognized new friends Mr. Terruce Wang (Managing
Director, Head of Corporate Partnerships and Alliances, Retail Banking (HK),
Standard Chartered) and Mr. Francis Sin (Investment Manager, King Link
Consulting & Service Limited, China Soft Capital).
In the beginning, Dr. Mark Lee briefed that this year
is the 10th anniversary of Asia Pacific Institute for Strategy
Limited (APIFS). Then he briefed the history and goal of APIFS.
Then he mentioned the contents included “Definition of
Intelligence”, “Crystal Ball for Auto-Prediction”, “Determine to use AI for a
Task” and “AI Canvas”. Firstly, He
employed Netflix as an example to explain how they analyzed audience data to
select for which kind of TV program production.
One of recent success TV program named “The Crown”.
Then he showed a video for Netflix
analytics, indicating that AI, Big Data could assist us to make better
decision.
After that he quoted Prof. Ajay
Agrawal (Professor of Strategic Management, University of Toronto) that
Prediction is the process of filling in missing information. It is the process from “you have” to predict “you
don’t have”. He also mentioned the case
of Alibaba’s Brand Databank for retailer that was not only platform for sale
but also AI service to enhance your precision sale & promotion.
In the first discussion
session, Dr. Mark Lee asked a question “AI’s prediction capability can improve
my industry’s business performance significantly. Agree or not?” Then he invited three guests for discussion and they were Mr. Joseph Poon (Chairman, Hang Sang Index Advisory
Committee of Hang Seng Indexes Company Limited; Former Deputy Chief Executive
Officer, Hang Seng Bank Ltd), Mr. Benjamin Ma (Managing Director, Global
Trinity (HK) Ltd) and Mr. Thomason Lai (Chairman, Trio Industrial Electronics
Group Limited).
Mr. Joseph Poon said AI application should be considered the explainability. AI is more like conditional probability. AI used in NLP using rule-based in the past but now using data-driven that means from top-down approach to bottom-up approach. Lastly, he said CEO due with people more than others.
Mr. Benjamin Ma said AI
related to the 4th Industrial Revolution. He shared that his clothing company increased
production rate around 20%~25%. And sale
data collection could help for proactive promotion. Lastly, he use driver as example for CEO’s job
that driver’s key work is not driving but waiting to drive. He means
that CEO do most preparation work.
Mr. Thomason Lai shared
that AI like fortune teller using I Ching. It separated into three parts
indicating past, present and future. He
also mentioned that his factory entered i4.0 industry and the first lecture was
collecting real time data. They
integrated AI and Manual to build Intelligent Warehouse. Finally, he said CEO should build internal
network and called “Happier Environment” for staff.
After that Dr. Mark Lee introduced
machine learning and its algorithms which was a mathematical model based on
sample data (training data) to make predictions or decisions without being
explicitly programmed to perform the task.
But traditional prediction had limitations such as identification of a group
of pictures. Then he stated the
self-learning approach named Deep Learning and using clustering methodology.
And then Dr. Mark Lee said
AI is still at early stage and far away to ‘Artificial General Intelligence” or
“Strong AI”. The current generation of
AI provided tools for prediction and human as Tools Builder. Then he showed a young Steve Jobs video to
explain AI like the bicycle as a tool.
Video named - Steve Jobs, "Computers are like a
bicycle for our minds."
The second part of discussion
session, Dr. Lee asked question to identify the mostly likely to apply AI and
most unlikely.
Dr. Mark Lee invited Mr Anthony WONG See Ho (Advisor, APIFS;
Previous Managing Director, HACTL) to be special guest to share his view for
us. He shared the third runway of
airport that could handle for 15 to 20 year capacity. Why HK to be air logistic hub? Because of our high efficiency.
Mr. Joseph Poon shared that
HR employed AI mostly but the most important was to ask the right question.
Mr. Benjamin Ma said AI had
assisted most of business functions but the unlikely on Customer Service
because of human to human interaction. For industry, they would like to invest
AI for 24hr delivery cloth ordered by customer.
Mr. Thomason Lai said his
factory employed AI in many department but Customer Service Complaint was not
suitable. Because they were B2B. He shared the financial department should be
posted into high position as steeling department and using AI.
Finally, Dr. Mark Lee
introduced the seven elements to work with AI through workflow breakdown
included Prediction, Input, Judgement, Training, Action, Outcome and Feedback.
Then he showed AI Canvas and discussed its application.
Dr. Lee used a startup
company named Atomwise as example to explain how they employed AI and got very
high amount of investment in the A round funding.
IBM help Atomwise Discover Potential Drug Treatments
In the last discussion
session, the question was “My industry is likely to apply AI to support
predications by coming 3 year”.
Mr. Joseph Poon said
customer complaint should be solved and not accept even though 97%. Root cause analysis should be done for
safety. He said Innovation and Problem
Solving used the same model.
Mr. Benjamin Ma told us
that most innovation through cross-over such as medical and clothing
industry. Entrepreneur should accept new
ideas.
Mr. Thomason Lai shared his
think inside the box. Firstly, you
should define your box dimensions (e.g. Time, Resource and Technology) and then
change the amount such as 3 month reduced to 3 week. Innovation would be forced out.
Reference:
ESG facebook - https://www.facebook.com/groups/esg08
沒有留言:
發佈留言