Matt Wood: Regulated industries are adopting GenAI faster due to existing data governance
Matt Wood · Amazon's Longterm AI Vision — With AWS VP Matt Wood · Jul 10, 2024 · at 2:21
Matt Wood is the VP of AI Products at AWS. Alex Kantrowitz asked him about enterprise AI adoption rates and the gap between proof-of-concept projects and production.
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“There is a group which is moving slightly faster than the average, which is somewhat Counterintuitive. And that group is actually the regulated industries. And so it's folks like in financial services and insurance and healthcare and life sciences and manufacturing and they're able to move a little bit faster in part because all the regulations that have been, they've had to comply with over the past 20 years that probably felt at the time like a bit of a headwind have actually driven the right set of behaviors for that group to be successful with generative AI.”
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