MachineCon USA 2023 marked the first venture into the vibrant and challenging market in the country, and it turned out to be a massive success! The best minds and top leaders in the field of analytics and artificial intelligence came together to discuss the past, present, and future of this transformative technology.
The one-day event held in New York hosted more than 150 members and celebrated the winners of the AI100 award. The award celebrates the top 100 most influential AI and Analytics leaders globally. Leaders from diverse industries were chosen from across the globe, along with innovative startup founders and individuals who made significant contributions in the field.
Speakers presented interesting perspectives on generative AI and took part in panel discussions on the impact of the technology, opening up the conversation with everyone present.
“I want to thank Analytics India Magazine for a fantastic conference here. It is amazing to see the brilliant minds we get to meet and talk about generative AI here,” said Vinod Krishna Ravi Iyer, the Vice President of Marketing at Genpact.
Explaining the importance of adopting AI in marketing, he said, “The notion of AI is here and now, and this is the moment to seize the opportunity to be an AI-first brand in the marketspace. The rapid pace at which technology is pivoting, we need to be on the train right now and get going on all aspects of innovation.”
Highlights from MachineCon USA
The overarching theme of this year was, as expected, Generative AI. With everyone talking about generative AI, the experts in the field offered informed perspectives on the topic.
The Keynote speaker, Katie Stein, the Chief Strategy Officer at Genpact, spoke about how businesses should rethink the existing structure and focus on hyperproductivity with Generative AI. She said, “I am very concerned about the narrative and the hyperfocus on productivity. Productivity is part of what this tool can deliver to us, but the hyperfocus on productivity is creating a narrative about job loss, where I think about the potential creation of [jobs].”
Krishna Gade, founder and CEO of Fiddler, and Peeyush Dubey, the Chief Marketing & Strategy Officer at TheMathCompany, followed with insights on the responsible adoption of AI and looking beyond the hype created on the subject. Their insightful inputs on the concerns of the industry and how established analytics organizations have made significant progress in implementing enterprise-level model management, which can set them apart as a key differentiator in the rapidly evolving GenAI landscape.
Ending the first half of the day, Amaresh Tripathy, Managing Partner at AuxoAI, emphasized the role of evolution in life and in technology in his talk about what the companies should do about Generative AI.
The panel discussions focused on the impact of generative AI on businesses. Parvathi Puttanna, Priya Serai, and Deepak Khetpal compared how each of them leveraged generative AI. Priya Serai said, “Definitely AI/ML is not new to banking and finance. We’ve been working on these models, but the difference is how to leverage what we’ve been building the past few years to the next level of generative AI. Data is the foundation for all of the new models, and companies that worked with the data foundations are able to expand on these capabilities better than companies that haven’t. Data is the cake and everything else on top; the generative AI is the only icing on top.”
The second panel revolved around the opportunities and threats in the adoption of generative AI where Agus Sudjianto, Joe Kleinhenz, Wayne Huang, and Harsh Kar brought their expertise in their specific domains. They discussed the ways in which their organisation is adopting AI and their thought process behind it.
AI100 Award Winners
On a rainy summer day in the middle of New York, some of the most resourceful innovators were brought together at MachineCon. Their contribution was recognized; Brian Erickson, the Chief Data and Artificial Intelligence Officer U.S. Coast Guard, won the Leader of the year. Krishna Cheriath, Chief Data and Analytics Officer of Zoetis, won the Young Business Leader of the Year award.
The group awards were shared by many in the categories of AI Innovator, Early Adopters, Exemplary Data Scientists.