copy of queen s delphi
This slide deck, prepared for a full‑day workshop at Queen’s University’s Master of Management in Innovation & Entrepreneurship program, provides a comprehensive overview of generative AI (GenAI) and its strategic implications for innovators and entrepreneurs. It begins with a historical narrative of AI, tracing the evolution from early AI concepts through the Transformer breakthrough (“Attention Is All You Need”), the rise of large language models (LLMs) such as GPT‑4, and the proliferation of multimodal and agentic models. Core technical concepts—tokens, embeddings, Retrieval‑Augmented Generation (RAG), fine‑tuning, and hallucinations—are explained with visual tables and concrete examples. The deck quantifies token‑based pricing for major models and demonstrates cost‑calculation methods. It then shifts to product strategy, presenting the AI Transformation Model (thought‑partner → assistant → teammate → system) and an AI Product Opportunities Framework that distinguishes defensive (data‑moat) versus monetization use‑cases. Real‑world case studies illustrate AI‑native startups, Fortune‑500 adopters, and an in‑depth Navan (formerly TripActions) agentic expense‑management strategy, complete with workflow, guardrails, and accountability metrics. The MIT/Notion/PMF reports are cited to highlight the “GenAI Divide”—the stark drop‑off from pilot to production—alongside adoption statistics and identified challenges (complexity, trust, hallucinations). The deck offers practical guidance on when to apply GenAI (low/medium vs high‑consequence tasks), risk mitigation (human‑in‑the‑loop, RAG, guardrails), and a “30% rule” for task allocation. Monetization pathways are catalogued (efficiency, automation, augmented creativity, scalable services, social replication, novel capabilities) with vendor examples (ChatGPT, Copilot, Midjourney, BloombergGPT, RunwayML, etc.). Finally, future trends—multimodal AI, agentic AI, frugal AI, and open‑source models—are outlined with strategic implications for entrepreneurs. The overall narrative equips product managers, founders, and innovators with both conceptual foundations and actionable frameworks for integrating GenAI into products and businesses.
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Generative AI Revolution: Impact on Innovation & Entrepreneurship
Sets the stage by describing how GenAI is reshaping product development, market entry speed, and competitive dynamics for startups and incumbents.