Artificial Intelligence

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OpenAI: Mastering Stakeholder Communication with the New 5-Level AI Scale

In this episode, Ricardo discusses the OpenAI ranking to classify AI systems, highlighting the importance of clearly communicating these advances to the general public. The ranking has five levels: 1- Chatbots that support but do not replace jobs, 2 - Systems that solve problems at the human level, 3 - AI capable of taking action, Innovative AI, 4 - Creating new products, 5 - Complex organizational operations managed by AI.


Mastering the Balance: Exploration and Exploitation in Artificial Intelligence Projects

In this episode of the 5 Minutes Podcast, Ricardo discusses the crucial balance between exploration and exploitation in the context of AI and business. Exploration involves researching and innovating, similar to analyzing multiple doors to understand the best option. However, at some point, organizations must shift to exploitation, applying their findings to achieve efficiency and profitability.


Artificial Emotional Intelligence (AEI) Will Have Wide-Ranging Impacts on Society

In this episode, Ricardo discusses his recent article on artificial emotional intelligence (AEI), published with André Barcauí at the London School of Economics Business Review. AEI can significantly improve employment, healthcare, education, and negotiation by identifying small emotional clues. For instance, allows users to interact with historical people, while uses avatars to evaluate candidates' emotional matches.


Where everyone thinks alike, no one thinks very much

In this episode, Ricardo discusses how the film "The Social Network" prompted him to think creatively. By encouraging people to focus on novel concepts rather than mundane routines, he reinforces the importance of escaping the conformity cycle. Ricardo argues that in order to improve one's creative and problem-solving abilities, one should seek out varied experiences, break out of patterns, and meet individuals with different viewpoints.


Making Sense of the Stanford University AI Index Report 2024

In this episode, Ricardo talks about findings from the "Stanford University AI Index Report," which emphasizes the advantages that industry has over academia in AI research, the efficacy of AI in specific activities, and the high expense of creating sophisticated models. Although regulation is still in its infancy, the US leads the way. While AI boosts efficiency, it can also lead to reliance.


The Hype Cycle of Projects

In this episode, Ricardo talks about the hype cycle, which was first used in relation to technology but is also applicable to project management. He describes how projects go through phases of exhilaration that peak upon release, problems, and disillusionment. This cycle is like how technology hype, like that surrounding the 2022 introduction of ChatGPT, unfolds.


FOMO Should Not Be a Metric of Your AI Project

In this podcast, Ricardo discusses the importance of implementing AI projects with metrics, cautioning against the fear of missing out (FOMO) as a driving force. He draws attention to the high expenses of AI, especially those related to hiring qualified personnel and purchasing processing power. To analyze possible time and cost savings, Ricardo suggests using simulations to help businesses properly weigh the costs and advantages.


How AI Will Transform Project Management: Reflections One Year Later

Join Ricardo Vargas and Antonio Nieto-Rodriguez in a free-flow conversation about their breakthrough Harvard Business Review article "How AI Will Transform Project Management," published one year ago. In the conversation, Antonio and Ricardo will discuss trends, new technologies, and challenges project managers and organizations face to transform our work with technology.


Why Project Managers Can't Miss the Bigger Picture: Lessons From Davos

In this episode, Ricardo discusses the World Economic Forum in Davos, emphasizing the need for project managers to expand their perspectives beyond the immediate concerns of the project. He highlights the rapid pace of global change, including technological advances that impact jobs and industries. Ricardo encourages listeners to stay informed about global trends by watching the Davos discussions to gain insights.


AI and Misinformation at the Top of the World Economic Forum Global Risk Report 2024

In this week's episode, Ricardo addresses the Global Risk Report recently released by the World Economic Forum. He emphasizes and validates some clear risks, such as climate change and extreme weather, as well as long-term risks, noting that although they are not new, they are reaching a critical point of no return. Beyond the immediate risks, there is something he talks and posts about almost every week:


Welcome to 2024: Exploring the Top 3 Game-Changing Trends in Global Project Management

In this first episode of 2024 of the Five Minutes podcast, Ricardo addresses the current presence of artificial intelligence and its impact on project management and the job market. The podcast offers insights into Ricardo's considerations for this year, covering AI, mathematical tools, geopolitical shifts, and evolving design methodologies. Listen to the episode to know more.


What is Reality?

In this episode, Ricardo discusses a prank at the Web Summit where two individuals posed as a rapper and an Adidas executive, promoting absurd ideas like implanting SIM cards in workers to control productivity. The audience applauded, highlighting a concerning disconnect from reality.