Digital Transformation Journey

The reality is probably somewhere in between, so it is important that everyone develops a base understanding and capability of these GenAI platforms, tools, and techniques such as prompt engineering. The recent surge in advancements in generative AI is giving rise to new fields of engineering, with "prompt engineering" receiving the most attention. This has sparked a divisive discussion on whether it is a temporary trend or the direction that software engineering will take in the future. Some experts, like Robin Li, CEO of Baidu, China's leading search engine, predict that prompt engineering will account for half of all jobs worldwide within the next decade. On the other hand, individuals such as Sam Altman, CEO of Open AI, argue that this prediction is influenced by current limitations in large language models (LLMs) and that long-term prompt engineering will be equally important. The truth likely falls somewhere in the middle, underscoring the importance for everyone ...

Our relationship with technology is always changing. The field of artificial intelligence (AI), in which robots are taught to think, learn, and even speak like people, is one of the most fascinating contemporary developments. In the midst of all the advancements in fields like generative AI, prompt engineering is a delicate skill that is becoming more and more popular. Consider engaging in a dialogue with a machine in which you give it a cue or a "prompt," and it reacts by providing pertinent data or actions. That's what prompt engineering is all about. It involves formulating the ideal queries or directives to direct AI models—particularly Large Language Models (LLMs)—to generate the intended results. Prompt engineering has taken the generative AI world by storm. The job has been hailed by World Economic Forum as the number one “job of the future” while Open AI CEO Sam Altman characterized it as an “amazingly high-leveraged skill.” Social media brims with a new wave of...

Generative AI and robotic process automation (RPA) are the new power couple of digital transformation and business process management. Just look at the numbers. According to a report from Goldman Sachs, GenAI could boost global labor productivity by more than 1% per year and could attract investment exceeding $200 billion by 2025. Meanwhile, while active in a far narrower field than all-pervasive AI, the RPA market is set to exceed $14 billion by 2029 . The collaboration between GenAI and RPA represents a significant leap forward for business automation. Together, they offer a powerful toolset for handling a wide range of tasks, from routine operations to creative problem-solving. Imagine a financial institution using RPA to automate transaction processing while leveraging GenAI to generate insightful financial reports and forecasts. Similarly, a marketing department could use RPA to streamline campaign management while utilizing GenAI to craft engaging content tailored to different ...