What is one of the roles of technology advisors regarding AI opportunities?

Technology advisors play a crucial role in identifying and facilitating AI opportunities by co-creating new use cases. This involves collaborating with various stakeholders, including businesses, technical teams, and industry experts, to not only understand the specific challenges organizations face but also to explore innovative applications of AI that can address these challenges effectively.

By co-creating use cases, technology advisors help ensure that AI solutions are tailored to meet the unique needs and circumstances of an organization, rather than applying generic solutions that may not yield optimal results. This collaborative approach encourages creativity and leverages diverse perspectives, ultimately leading to more impactful and successful AI implementations.

In contrast, defining industry standards typically falls to regulatory bodies or industry groups rather than technology advisors, as their primary focus is on creating frameworks and guidelines for broader application. The development of new software is often undertaken by engineering teams or software developers who specialize in that area, as it requires technical expertise and resources beyond the advisory scope. Monitoring competitor actions, while valuable, is more related to competitive analysis and strategic planning, and is not specifically aligned with the proactive creation of AI opportunities that technology advisors focus on.