News in the Channel - January 2023

BUSINESS INTELLIGENCE

The Year of the Robot News in the Channel’s resident statistical analyst Wickus Bester reveals his top predictions for trends in data science in the channel in 2023.

Starting at Turing’s inkling of what was to come, on to Deep Blue beating Gary Kasparov at chess and then to the first steps of Boston Dynamics’ Spot – the exponential growth in machine learning over the past 100 years is starting to reach an impressive crescendo in the present, with room for everyone to be a part of it. Tech pundits are speculating that 2023 will be a watershed year for artificial intelligence (AI) and the data science community, creating actionable systems that the public could benefit from.

example, was generated using ChatGPT given the key points I wanted it to address. In just five days after its November 2022 release, ChatGPT gained more than one million users. This impressive uptake for a machine learning product demonstrates the increasing usefulness and demand for AI products that can deliver real value to users. The release of this product will no doubt ripple across the channel. As the technology is trained using a portion of the internet and thus synthesises answers using pre-existing human knowledge, we are still some way off from having an all- knowing chatbot, but this tool is useful for inspiring employees, as it generates new ideas and suggests creative solutions using the voices of a million internet users past. This makes it a good choice for channel partners to adopt into their workflow and improve efficiency in any aspect of the company that requires human input.

This shift will affect the channel, and the more astute who look to be early adopters of this technology could reap significant benefits. In this article, I’ll predict which trends are worth the hype, and where you should keep an eye out for business opportunities in the coming months and years. Changing social landscape Over the past few months, ChatGPT, a large language model, has been embraced by a range of industries. Its ability to enter conversations has made it a popular choice for companies looking to improve their customer service, as well as for organisations seeking to automate certain tasks. ChatGPT’s versatility has been demonstrated by its successful implementation in a variety of industries, from retail to healthcare. Its adoption by such a diverse range of organisations highlights the potential of large language models to transform the way businesses operate. This paragraph, for

Wickus Bester Data analyst at Stock in the Channel

Number of days to reach one million users

730 days

Twitter

At Stock in the Channel , we are developing a BI engine to churn

304 days

Facebook

through market data and provide insight to our clients. All graphs and statistics in this article are as a result of this engine.

Instagram

74 days

ChatGPT

5 days

CONTINUED

56

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