Jacques Bughin

2 months ago | europeanbusinessreview.com | Jacques Bughin

DeepSeek, a large language model built by China, has become both a sensation as well as a source of concern for the US AI ecosystem, causing the Nasdaq to tumble. For many managers, DeepSeek adds struggle and turbulence to an already complex technology evolution attached to AI. It is thus rather important to eliminate the noise and sort out the facts from all the current fantasies about the emergence of DeepSeek and its true meaning and consequences for the AI revolution.

Dec 5, 2024 | europeanbusinessreview.com | Jacques Bughin

Large Language Models (LLMs) have been the talk of the town for the past two years, demonstrating remarkable capabilities from natural language processing to creative tasks. But if their potential demonstrates large productivity gains (see Table 1), the recent hype is now being followed by significant voices of skepticism – including claims that LLM performance improvements are plateauingFor many CEOs, these technology shortcomings, if real, add some stress.

Dec 5, 2024 | europeanbusinessreview.com | Jacques Bughin

The recent past has been turbulent for digital assets, including many Web 3.0 bankruptcies, a variety of scams and attacks, and new regulations. But while some media have proclaimed its death, recent news, – such as the recent rise of bitcoins flirting with the USD 100,000 by the end of November 2024, – may have built a unique “Mark Twain” moment that reports of the death of Web 3.0 are greatly exaggerated.

Sep 27, 2024 | europeanbusinessreview.com | Jacques Bughin

“In an avalanche, no snowflake ever felt accountable,” – VoltaireiWhat makes successful digital business ecosystems? Beyond a common evolutionary vision, we discuss the success factors successful ecosystems have working for them. What do Apple, Amazon, Alibaba, Netflix, Uber, TradeLens, and SAP have in common? In the contemporary digital economy, all are platform-based.

Apr 11, 2024 | europeanbusinessreview.com | Jacques Bughin

Generative AI and large language models (LLMs) are in the process of defining a future where the battlegrounds of business innovation and competitiveness are radically changed. As these technologies revolutionise the way businesses operate, the ongoing tussle between proprietary and open-source models shows no signs of abating. The sudden explosion of generative AI owes much to large language models (LLMs), whose “self-attention” architecture allows for massive data parallelisation.