State of AI - What can it do right now in B2B Distribution?
Should consulting companies be worried?
As we reported in our Q3 tech report, AI is just about the only brightspot in the venture market.
AI Venture Investing Activity
In Pitchbook’s latest AI report, you can see that AI deal funding now accounts for over 35% of the Q3 venture funding – up from 21% in Q3 ’23.
Where can distributors seize upon AI today? Not next year, but right now – where is AI ready to make an impact on your business?
We break it down in terms of what’s working and not working with AI:
Front office operations
Back office operations
Connectivity and data
Warehouse operations
Keep in mind, even if AI solutions aren’t currently ready in certain areas, the rate of development is so fast, that in a matter of quarters the solution could be ready for a mid-size enterprise rollout. Sam Altman, Co-founder of OpenAI, predicts that in 2025 AI will become sentient. Meaning, we’ll have AGI, artificial general intelligence – where a machine can think and reason like a human, by next year, 2025.
Front-Office – What’s working and what’s not in AI:
AI to talk to your sales prospects: Not ready