Embracing AI in Project Management and Basic Concepts

Embracing AI in Project Management and Basic Concepts

Project Managem
ARevolution
MASTERCLAS
29.12.2024

Al-Driven
Project Management
ARevolution
MASTERCLASS

1. Embracing AI in Project
   Management and Basic
   ConceptsGenerative AI is capable of producing photorealistic images, replicating human voices, writing various types of texts, and creating videos. For
   example, Midjourney creates images from text descriptions and has been used to generate viral images such as the one of the Pope in a
   puffer jacket.
   Generative AI raises important ethical questions regarding artistic ownership, copyright, and misinformation. The creation of fake images, such
   as those of Trump being arrested, can be used to spread false news and influence public opinion. The ability to replicate human voices can
   lead to job losses for voice actors and the creation of fraudulent audio content. Misha Zelinsky, in his article "Deepfakes might be dictators'
   most powerful weapon yet," emphasizes how deepfakes could be used to manipulate public opinion and threaten democracy. Tools like Glaze
   have been developed to protect artistic works from unauthorized use by AI. There are serious ethical concerns around artistic ownership and
   copyright, with evidence that some AI programs have been trained on millions of online images without permission or payment, leading to
   class action lawsuits.

The Role of Imagination in AI

All about imaginationhttps://youtu.be/sqd516M0Y5A ?si=1GqWatHNQ8XNUjBp
24/01/2018 Sundar Pichai, CEO at Alphabet Inc and Google.,
explains the important role he sees artificial intelligence
playing for humanity. He made the comments on the sidelines
of the World Economic Forum's annual meeting in Davos,
Switzerland.
Sundar Pichai, states that artificial intelligence is one of the
most important things humanity is working on, even more so
than fire or electricity. Artificial intelligence involves both
positive and negative consequences. For example, facial
recognition can help find missing people, but also be used
for mass surveillance.
Democratic countries need to approach artificial intelligence
in a way that serves society, ensuring that it is not biased,
that it is safe, and that there is a human authority. About 18
months ago, Google published a set of principles for the
development of artificial intelligence. The European
Commission has identified artificial intelligence and
sustainability as top priorities; the United States and the
OECD/G20 are also discussing it. A common framework is
needed to address artificial intelligence. Sundar Pichai is
encouraged by the commonality of the frameworks being
developed, as they are rooted in common human values.
However, greater specificity and evolution are needed. The
European Commission is working on a white paper on
artificial intelligence, and everyone needs to be involved in
the process. Artificial intelligence is like climate change, in
that security cannot be achieved by just one country working
on it; a global framework is needed.

Sundar Pichai on AI's Impact

"I have said it
before, AI is one of
the most profound
things we are
working on as
humanity. It is more
profound than fire
or electricity, or any
of the other big
thing we have ORLD
worked on." ONOMIC
ORUMhttps://oneragtime.medium.com/24-industries-to-be-disrupted-by-ai-an-infographic-59989c867c3f

AI-Driven Project Management

Al-Driven
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ARevolution
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AI Applications Across Industries

USAGES OF
ARTIFICIAL
INTELLIGENCE

• Reducing travel times through analysing traffic
• Facial recognition to scan attendees
• Ride sharing apps - determining the price, supply chain prediction
• Personalised recommendations
• Autonomous vehicles
• Sales chatbots

Retail Spaces

• Virtual mirrors
• Footfall analysis and store optimisation

Insurance

• Risk identification

Education

• Client support
• Plagiarism checkers
• Automated grading
• Customised digital learning interfaces
• Virtual teachers or lecturers
• Adaptive learning
• Accelerated incident response

Communication

• Personal assistants
• Emotion analytics

Smart Homes

• Automatic goods ordering
• Temperature and light control

Gaming

• Thought-controlled gaming
• Unmanned Aerial Vehicles (UAVs)
• Facial recognition for 3D avatars
• Autonomous decision making

Defence

• Diagnosis and maintenance of weapons systems
• Automated journalism
• War gaming, simulation and training
• Eliminating fake news
• Data analysis
• Bias removal
• Content analysis for organisation
• Photo recognition
• Newsfeed personalisation

Media

• Al concierge
• Augmented reality filters
• Smart hotel rooms
• Chatbots
• Personalised communications
• Automated video/music synchronisation
• Predictive supply chain

Hospitality

• Targeted advertising
• Music suggestions (Spotify, Apple Music, Google Play Music)
• Market analysis
• Automatic music creation
• Client segmentation
• Film and TV suggestions (Netflix, Amazon Prime, Hulu)
• Marketing and advertising personalisation
• Search optimisation
• Robot harvesters

Entertainment

• Predictive analysis for environmental impacts on crops
• Robotics in manufacturing

Real Estate

• Automatic disease identification and diagnosis
• Voice-to-text
• Personalised treatment
• Smart personal assistants like Alexa, Echo, Cortana, Google Assistant ...
• Drug discovery
• Identifying candidates for clinical trials
• Epidemic outbreak prediction
• Wearable tech to analyse performance
• Search recommendations
• Automated video highlights
• Customer service and sales chatbots
• Commercial flight autopilot
• Computer vision referee
• 3D modelling
• Weather detection

Workplace

• Automation of routine tasks like X-Rays, CT scans, data entry

Healthcare

• Smart ticketing
• Health monitoring/wearable health trackers

Mobile

• Virtual doctors

Aerospace

• Fraud prevention as Al learns what types of transactions are fraudulent
• Targeted campaigning
• Credit decisions
• Public opinion monitoring
• Client segmentation
• Anticipating infrastructure failures and maintenance

Online Shopping

• Cashless stores
• Personalised pricing

Banking & Personal Finance

• Incident detection
• Spam filters on your emails
• Text and email reply suggestions
• Real time translation
• Home security
• Improved visual quality
• Gesture control
• Al coach
• Civilian detection
• Target identification

Politics & Government

• Computer vision to monitor crop and soil health
• Automated safety checks in factories
• Autonomous haulage
• Enhanced recruitment
• Autonomous surgical robots
• Automated timesheets (e.g. Blackbelt)

Transport

• Friendship suggestions2

Cybersecurity

Agriculture

Sports

Social Networks

2
28/09/2018
There's no denying that
Artificial Intelligence
is set to have
significant and far-
reaching consequences
on our future lives. To
try and map out just
how extensive that is,
we've produced this
infographic to illustrate
the concrete ways in
which Artificial
Intelligence either has
disrupted, or will
disrupt, across a wide
range of sectors. May
the AI revolution
begin!

AI's Transformation of Project Management

Project Management
How AI will transform Project management by Antonio Nieto-Rodriguez
and Ricardo Viana Vargas

Al-Driven
Project Management
ARevolution
MASTERCLASS

How AI Will Transform Project Management

How Al Will Transform
Project Management
by Antonio Nieto-Rodriguez and Ricardo Viana Vargas
February 02, 2023
Technology will soon improve
project selection and
prioritization, monitor progress,
speed up reporting, and facilitate
testing.
Project managers, aided by virtual
project assistants, will find their
roles more focused on coaching
and stakeholder management than
on administration and manua
tasks.
Sean Gladwell/Getty Images
https://hbr.org/2023/02/how-ai-will-transform-project-management
For 10 weeks this articol has been on
the Top ten on HBR
see later on the article

AI Revolution Masterclass

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Bill Gates on Revolutionary Technology

In my lifetime, I've seen two
demonstrations of technology that
struck me as revolutionary. The first
time was in 1980, when I was
introduced to a graphical user
interface ... The second big surprise
came just last year.
Bill Gates
Gates Notes, March 21, 2023Goldman
Sachs
Economics
Research

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AI's Economic Growth Impact

26 March 2023 | 9:05PM EDT
Global Economics Analyst
The Potentially Large Effects of Artificial Intelligence on
Economic Growth (Briggs/Kodnani)
26/03/2023 The Potentially Large Effects of Artificial Intelligence on Economic Growth
(Briggs/Kodnani)
https://www.gspublishing.com/content/research/en/reports/2023/03/27/d64e052b-0f6e-45d7-967b-
d7be35fabd16.html
If generative Al delivers on its promised capabilities, the labor market could face significant disruption. Using
data on occupational tasks in both the US and Europe, we find that roughly two-thirds of current jobs are
exposed to some degree of Al automation, and that generative Al could substitute up to one-fourth of current
work. Extrapolating our estimates globally suggests that generative Al could expose the equivalent of 300mn
full-time jobs to automation.CNBC

Morgan Stanley Forecasts on AI's Labor Impact

Search quotes, news & videos
WATC
=
MARKETS BUSINESS
INVESTING
TECH POLITICS CNBC TV INVESTING CLUB & PRO &
PRO
More than 40% o
affected by Al in
Stanley forecasts
02/10/2023 More than 40% of labor force to be
affected by AI in 3 years, Morgan Stanley
forecasts (Samantha Subin CNBC)
https://www.cnbc.com/2023/10/02/more-than-40percent-of-labor-
force-to-be-impacted-by-ai-in-three-years-morgan-stanley-
forecasts.html
. Morgan Stanley predicts a significant impact of artificial intelligence
(AI) on the labor market. Over the next three years, it is estimated
that AI will affect 44% of the workforce, with an economic effect of
4.1 trillion dollars. This change will come from task automation, cost
reduction, and new ways of processing information. The adoption of
AI could create global spending opportunities for businesses,
PUBLISHED MON, OCT 2 2023.10:53 AM EDT | [ estimated at $150 billion. Software companies could benefit from
this trend, reaching a potential market of $205 billion. The extent of
the impact will depend on the adoption of AI, software usage rates
and the capabilities of the AI itselfREUTERS"

AI Breakthroughs and Concerns

Q
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Following
Saved
23/11/2023 OpenAI researchers warned board of AI breakthrough ahead of CEO
ouster, sources say By Anna Tong, Jeffrey Dastin and Krystal Hu
https://www.reuters.com/technology/sam-altmans-ouster-openai-was-precipitated-by-letter-board-about-ai-
breakthrough-2023-11-22/
According to inside sources, OpenAI researchers have raised concerns with the board about an AI
breakthrough called Q .* The breakthrough, capable of solving complex mathematical problems, was
deemed a potential threat to humanity. The researchers' letter, along with other complaints, contributed to
the temporary firing of CEO Sam Altman. Altman was seen as advocating the rush to commercialize AI
before he fully understood the implications. However, the threat of mass employee resignations led to his
triumphant return. Q's focus is on developing artificial general intelligence (AGI) that can surpass human
capabilities in economically valuable tasks.