In this episode, Ricardo talks about the recent developments at OpenAI, including the departure and return of Sam Altman. Rumors say that OpenAI is creating a potentially revolutionary language model with the capacity to pose a threat to humanity.
In this episode, Ricardo emphasizes the modern cult of immediacy and the impact it has on professionals' patience and ability to concentrate. The younger generation seeks instant results in various aspects of life, including work and learning. This mindset is compared to "TikTok project managers," who expect quick outcomes and shallow understanding.
There are unprecedented opportunities at the intersection of AI, project management, and sustainability. Unfortunately, without proper execution, projects to implement AI come with complexities, costs and a carbon footprint that undermine sustainability goals. It is essential for project managers to learn to implement “green algorithms,” specialized AI constructs designed to both enhance operational efficiency and prioritize sustainability. A five-step framework of defining sustainability objectives, centralizing data, customizing algorithms, pilot testing, and full-scale implementation can guide project managers and leaders as they deploy green algorithms effectively.
In this "5 Minutes Podcast" episode, Ricardo discusses topics 6 to 10 of the research on AI in project management. Topic 6 reveals that 25 to 26% of experts see AI as a tool to enhance diversity and reduce bias, while Topic 7 highlights the concerns of 75% regarding AI's ethical implications, particularly in decision-making.
In the "5 Minutes" podcast, Ricardo discusses the AI-driven Project Management Revolution Research he did with Antonio Nieto Rodriguez, covering critical aspects of AI's role in project management. The survey involved nearly 800 experts from 95 countries. The first insight highlights that 75% recognize AI's potential in project management, though Ricardo expected more enthusiasm.
In June 2023, we embarked on a exciting journey to explore the uncharted territories of Atificial Intelligence within Project Management.
The rapid technological advancements an the transformative potential of AI elevated our curiosity, leading us to conduct a comprehensive survey among experts and practitioners worldwide.
AI can enhance project management through automation of repetitive tasks and anable more efficient scheduling, resource allocation, and risk assessment.
As a senior project sponsor, you oversee a complex portfolio of projects with a combined budget exceeding $50 million. One of these is a high-stakes transformation project to modernize your company's production facilities. As you sit down for the weekly status update meeting, you're greeted by an AI-driven bot. It seamlessly synthesizes information from multiple projects into actionable insights, providing a clear snapshot of your entire project portfolio.
When it comes to artificial intelligence (AI), project leaders should ask themselves two key questions. First: Are my organization and I willing to adopt AI-inspired tools as part of the ordinary course of doing business, particularly in project management? This question will give you a sense of your organization’s appetite for adopting machine learning (ML)–inspired technology. The second—and, in fact, the more critical question—is: Are my organization and I ready to take this important leap forward? This question will give you a sense of how quickly you can identify and apply AI to projects.
Technology has begun to transform how organizations deliver projects, and rapid change lies ahead. What role will leaders play when AI is deployed in project management?
While AI is not yet a standard tool in the world of projects and project management, there is no doubt that it will disrupt this discipline, and probably faster than we expect. The prospect of that transformation seems almost incredible: in most organizations the tools used to manage projects remain relatively basic compared to the sophisticated digital technology being deployed in other parts of business. Most projects are still managed with Microsoft Office tools, such as Excel and PowerPoint. Can you imagine running your business and operations with spreadsheets? Well, that reflects how little technology has evolved in project management.
In this episode, Ricardo explores the practical facets of Bayesian thinking, demonstrating how previous events and knowledge can reshape our evaluation of future risks. In his discussion, he avoids complex formulas, highlighting the theorem's real-world implications. He also underscores the significance of 'triggers,' events or facts that provide additional information, refining our grasp of probabilities.
In this thought-provoking episode of the podcast, Ricardo explores the possibility of AI surpassing human intelligence and developing emotions to the point where it has a soul and feelings, as the philosopher Nick Bostrom proposed in his Big Think video. With such advancements in AI, it begs the question: will we need to consider "AI Rights" similar to "Human Rights"?
In this week's episode, Ricardo discusses the rapid emergence of new AI applications on the market. According to one of the most prominent AI Twitter feeds @heybarsee, over 360 new AI applications have been developed in the past seven days. Ricardo argues that the proliferation of technologies employing artificial intelligence is inevitable. However, he also poses the following question:
This video is all about AI in Project Management Ricardo Vargas shares six direct applications of Artificial Intelligence and how the impact the work of project teams.
Join Antonio Nieto-Rodriguez and Ricardo Vargas on a informal conversation about their featured article on Harvard Business Review about artificial intelligence and other project management technologies.