How AI Companies Are Using AI

In this episode of The AI Daily Brief, the host discusses a report from Iconic about how AI companies are using AI, noting that they are moving beyond experimentation and into new business models with increasing budgets and a focus on talent. The report categorizes companies as AI-enabled or AI-native, finding that AI-native companies are further along in development. It highlights the prevalence of agentic workflows and the use of multiple models, with OpenAI leading in popularity but accuracy and cost being key considerations. Challenges include hallucinations, explainability, and finding the right use cases. The episode also covers the increasing deployment of AI agents, the importance of dedicated AI leadership, and the significant cost of talent. It further explores ROI measurements, the shift of AI budgets from innovation to existing areas, and the tools AI builders are using, emphasizing the growing importance of model evaluation. The host also touches on the advantage of incumbents in sales, marketing, and customer engagement, and the impact of AI on coding assistance.