Artificial Intelligence is everywhere. At least, it feels like it is everywhere.
The concept of AI has been around for well over a century. The actual term "artificial intelligence," best I can tell, was coined in the 1950s. Practical research and applications have been in use ever since, steadily improving for decades. Think Netflix movie recommendations or personal assistants like Siri or Alexa.
Today, AI is woven into human society and becoming the tentpole of pop culture novelty and dare I say frivolity. My aunt uses the chatbot she found on Bing to suggest the best recipes for ingredients she has in her pantry. Students are using ChatGPT to craft college application essays. Singles are uploading AI-enhanced selfies to their dating profiles. Creators are using AI-powered software to create endless loops of lofi beats to stream to audiences who both need something to listen to while not wanting to listen to anything at all.
The novelty is, well, novel but perhaps on the order of Sea-Monkeys advertised in the back of some 1960s comic book. And this, unfortunately, can ultimately lead to a latency in the growth of the technology. The height of hype can easily lead to a patch of irrelevance. We’re here to ask: What do you want AI to do for you?
Not just track or search or combine from existing material, but DO?
As with any new technology, the mass rollout of AI via ChatGPT had everyone asking the same question: will this steal my job? Companies everywhere were looking at ways to use the technology to streamline their processes and remove the time-consuming and menial work—and the expensive labor that frequently came with it.
To be expected for sure.
We're looking at it the other way. How can AI make us capable of more? Instead of asking, "How can we use AI to do more with less?,” we're finding ways to enable companies everywhere to Do More with More.
Every business is sitting on a wealth of data. Purchase histories, invoices, shipping logs, attendance reports, website analytics, tax forms, and so much more. Nearly 2.5 quintillion megabytes of new data are produced every day. Thanks to the ubiquity of cloud-based data storage, the well of information is only getting deeper.
The question is: what are you doing with it? Are you taking the time to parse through, organize, and lay out petabytes of data to find the trends and insights that will make your next quarter the most profitable? Or, are you busy? Are there only so many hours in the week, only so much staff you can afford, and only so much you can do in a day?
Through the application of cloud-based computing and business context-aware tools, Nextworld Intelligence is the end of, "You don't know what you don't know.”
Your team is treading water at the top of a very deep pool of data. Your competitive advantage is all in discovering the next idea, product, or plan hidden at the bottom of the pool. With AI, your company can both efficiently and effectively extract unique competitive advantages, helping you dominate your current vertical or determine how to best navigate the market’s edge to the next blue ocean.
Beyond trends, totals, and historical graphs, AI enables you to look forward by simulating potential outcomes based on any number of factors. To enrich your decision-making and performance, all you have to do is code your AI tools to deliver the right information you need.
Easy, right?
With the introduction of AI tools, many began to wonder, "How can AI help my business?' Some companies have tapped into OpenSource AI or the private engines of Google or Meta for AI processing. Even more are leveraging consumer-level tools like chatbots and enhanced search tools.
On the upside, this gets everyone familiar with what is available, and the tools are improved the more they are used (in theory). However, we noticed that when everyone uses the same tools in the same ways, the results look monochromatic. In the very near future, companies will need to build their own uses for AI technology, leveling their own unique inputs and historic data against the data of, well, the world. Otherwise, we all risk falling into the pit of novelty.
Programming and coding are difficult enough, but programming AI? The business world is burdened by growth in technical complexity, a lack of reasonably priced technical resources, and a mountain of technical debt. Will the tools that could have launched you into the next decade of business become a business distraction?
How do we avoid monochromatic results on the one hand and the costs of massive technical complexity on the other? The answer lies in the no-code revolution powered by AI.
At Nextworld, we're so confident in how AI can make you more competitive that we are building our business on it with AI-Enhanced no-code tools. Businesses all over the world are already gaining ground on their competition by empowering their citizen developers with the Nextworld suite of no-code tools to build the applications they need.
By leveraging AI for business intelligence, these tools allow for a new level of predictive capabilities and data analysis. It's not just about knowing what your data is and what it can tell you, but allowing AI to reveal new connections, uses, and results. You can then use these findings to make more informed decisions for your business.
It's not just possible. It will be mainstream before you know it.
Nextworld Advisory Board Member
Lyle is a seasoned enterprise software development executive and technology market advisor with over 38 years of experience in the field. Most recently the SVP of Product Development at Oracle, Lyle’s impressive career includes roles in enterprise applications development, industry technology, product strategy, product management, marketing, and program management at ChannelPoint, Siebel, and JD Edwards. Lyle has perfected his ability to communicate the value of enterprise applications and articulate unique digital technology visions. His insights and expertise will undoubtedly contribute to Nextworld's ongoing commitment to innovation and industry leadership.
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