Generative AI and Wes Nichols, partner at March Capital

“The way I look at it is that you need to be solving a big problem. If your solution happens to be powered by AI, great. If it happens to be powered by generative AI, wonderful. That’s a whole other scale of opportunity. But the core issue needs to be there—is this solving a business problem that is a critical need? And is it something that can ultimately be scaled to a global platform?”
This is a great quote from Wes Nichols, partner at March Capital, as there appears to have been a mad rush to force the use of generative AI into businesses, even when there’s no defined business problem, let alone a big one.
Organisations should be exploring the capabilities of this technology and experimenting with it to determine how it can be of benefit.
Just remember that when experimenting you may not see the results you desired or expected.

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