Send us a Text Message.

In this episode, Yoshi and James discuss the concept of AI winters and the current state of the AI industry. They explore the history of AI bubbles and the factors that led to their bursts. They also discuss the differences between the previous AI winters and the current AI revolution, highlighting the advancements in AI infrastructure and commercial viability.

The conversation then shifts to techniques for maximising the value of AI models, such as few-shot prompting and using the voice feature. They also touch on the upcoming voice feature in ChatGPT.

Finally, they discuss an event summary from the Major Projects Association on the landscape of AI. The conversation discusses the importance of getting data and skills right for effective AI implementation. It emphasises the need to start from where we are now and not be discouraged by past mistakes.

The conversation also explores how to communicate the opportunities of AI in a way that is accessible and encourages adoption. It highlights the role of showing people how easy it is to use AI tools and providing examples of how AI can improve tasks like email writing.

The conversation then delves into the investments being made by big tech companies in AI infrastructure and talent, raising concerns about the potential for a market crash. Finally, the conversation touches on the new Turing test for AI, which is now focused on tasks like gymnastics.

Takeaways

• AI winters are periods of disillusionment and reduced funding in the AI industry.
• The current AI revolution is different from previous AI bubbles due to advancements in AI infrastructure and commercial viability.
• Techniques like few-shot prompting and using the voice feature can maximize the value of AI models.
• The upcoming voice feature in ChatGPT will enable more conversational interactions.
• The Major Projects Association provides valuable insights into the landscape of AI. Data and skills are essential foundations for effective AI implementation.
• It's important to start from where we are now and not be discouraged by past mistakes.
• Communicating the opportunities of AI should be done in a way that is accessible and encourages adoption.
• Showing people how easy it is to use AI tools and providing examples of their benefits can help drive adoption.
• Big tech companies are investing heavily in AI infrastructure and talent, raising concerns about a potential market crash.
• The new Turing test for AI focuses on tasks like gymnastics.

Key Links:

All topics are from this week’s newsletter: https://projectflux.beehiiv.com/p/ais-first-winter-new-age-ai-different

Subscribe to the Project Flux Newsletter!

All our podcasts commentate on the weeks hottest news brought to you by the Project Flux Newsletter!

Get a step ahead on the world of AI and tech, subscribe and get the weekly newsletter to your inbox every Monday!

Sign Up to Newsletter
Project Data Analytics Taskforce site

Send us a Text Message.

In this weeks episode of our new spotlight series we sat with Tom Haley - Director & Founder of Quantik, and RICS Accredited Quantum Expert Witness.

We spoke about:

1️⃣ Leveraging AI in large vs small businesses

2️⃣ The autonomy of quantity surveying start-up firms and the opportunity to make a difference.

3️⃣ AI’s impact on quantity surveyors and the focus on value-add

4️⃣ How to stay relevant in a modernising industry

5️⃣ How QS’s are slowly becoming project managers

Tom discusses his motivation for establishing his own firm, Quantik, after working in large corporations. He highlights the limitations of making a difference and changing the future of the profession within a large organisation. Tom believes that quantity surveying can be done differently, which motivated him to start his own firm. He also discusses the impact of AI on the industry and how it can transform the role of quantity surveyors. Tom emphasises the importance of understanding AI, data science principles, and data security as key skills for quantity surveyors in the future. He addresses concerns about job displacement and sees AI as an opportunity to improve efficiency and elevate the role of quantity surveyors.


Takeaways

• Working in large corporations provides valuable experience and opportunities, but there are limitations in making a significant impact and changing the future of the profession.
• Establishing one's own firm allows for the exploration of different ways of doing quantity surveying and the opportunity to make a difference.
• AI has the potential to transform the industry and reshape the role of quantity surveyors by improving efficiency and allowing them to focus on value-added tasks.
• To stay relevant in the industry, quantity surveyors will need to develop skills in understanding AI, data science principles, and data security.
• Job displacement is a constant concern with technological advancements, but AI presents opportunities for individuals to differentiate themselves and provide valuable expertise.
• The role of quantity surveyors is evolving, and they are becoming more involved in project management and providing advisory services.

Chapters

00:00 Career Trajectory and Motivation for Establishing Quantik
06:36 The Impact of AI on the Construction Industry
21:07 Skills for the Future: Understanding AI, Data Science, and Data Security
25:52 Addressing Concerns: Job Displacement and the Role of Quantity Surveyors

Guest Speaker Profile (Tom Haley):

Linkedin: https://www.linkedin.com/in/tom-haley-frics-fciarb/

Website: https://www.quantik.co.uk/

Keywords

career trajectory, large corporations, establishing own firm, limitations, making a difference, changing the future, quantity surveying, AI, industry transformation, role reshaping, skills, data science principles, data security, job displacement, opportunity, efficiency, elevate role

Subscribe to the Project Flux Newsletter!

All our podcasts commentate on the weeks hottest news brought to you by the Project Flux Newsletter!

Get a step ahead on the world of AI and tech, subscribe and get the weekly newsletter to your inbox every Monday!

Sign Up to Newsletter
Project Data Analytics Taskforce site

Send us a Text Message.

In this weeks episode we dived into:

🔎 How AI models give you up-to-date information, learn how to make the most of this technique in your projects

🫧 How businesses use tools like ChatGPT to guide their journey into more advanced AI capability

📄 Insight into two excellent reports by the London Property Alliance and CIOB’s AI in Construction Playbook.

🧠 How powering AI with brain matter can potentially solve AI’s fast burning carbon footprint

🏅 Recency bias, stealth nerfing and just personal preference in finding the best Gen AI model

Timings:

03:15 The Power of Retrieval Augmented Generation (RAG)

05:06 The Role of Primary Cloud Platforms in AI Modernisation

09:23 Introducing Claude 3.5 Sonnet: A New Frontier in Language Models

15:22 Subjectivity and User Experience in Comparing AI Models

21:13 Exploring Wetware Computing and Brain Organoids

25:30 Ethical Implications of Using Human Brains in AI

31:26 AI-Generated Commercials and the Future Impact of AI

Key Links:

Our topics are based on this weeks’ newsletter and the links can be found in the newsletter.

Subscribe to the Project Flux Newsletter!

All our podcasts commentate on the weeks hottest news brought to you by the Project Flux Newsletter!

Get a step ahead on the world of AI and tech, subscribe and get the weekly newsletter to your inbox every Monday!

Sign Up to Newsletter
Project Data Analytics Taskforce site