Amazon Web Services (AWS) powers much of the world—much of what you see, and much of which you don’t realize. And it has been doing so with artificial intelligence for more than 20 years. Long-time community member of Marketing AI Institute and Head of AI Solutions Marketing at AWS, Albert Esplugas, sat down with Paul Roetzer at MAICON 2022 to discuss technological advancements, AI, and what he sees as the future for marketers and businesses.
AWS, the world’s most comprehensive and broadly-adopted cloud platform provider, has more than 160 full-feature services. They have millions of customers using the cloud to advance innovations, scalability, flexibility, and cost reduction, all leading to increased revenue. AWS alone generated $19.7 billion in earnings in Q2 2022, making it a massive revenue driver for Amazon.
Kicking things off, Esplugas identified the five big transformational technologies of the last 20 to 25 years:
And businesses are on their way. Going from understanding to piloting to operationalizing and adoption across the organization, there comes that moment when the business value of AI is realized and deployed across the organization.
Amazon always innovates based on customer needs.
Every engineering team within Amazon is working with top customers who are adopting technology, understanding their needs, and innovating and improving based on customer feedback.
Research is a core component of business growth.
Amazon also has Amazon Science, their research organization, which combines pure customer-centric innovation with the science coming from their research team. This drives the way they structure and evolve their products.
“You will use AI at some point. The earlier you use it, the stronger business impact it will have and the stronger competitive advantage it will give you.” ~ Albert Esplugas, AWS
Organizations wanting to pilot AI first can work directly with companies like AWS, or can work with their partners within their large ecosystem. Or, they can work with independent software vendors (ISV) that are using AWS to provide their service
If you’re using AWS, there is a three-layer system:
AWS’s products include Amazon Comprehend (understanding), Amazon Forecast (prediction), Kendra (intelligence), and Lex (conversational), which are great for specific use cases and even specific to industries such as healthcare and industrial manufacturing.
According to Esplugas, successful organizations need to master three key areas: mindset, skillset, and toolset.
Mindset: You will deploy AI to solve a business problem. You don’t deploy AI just for the sake of deploying AI. You identify the business problem or the one thing where AI can have a strong impact. You need to know the business metrics that will be impacted, how you’ll measure success, and who will be involved.
Skillset: You need to upskill and train your team on AI/ML at all levels, from engineering to the business and operational side. You want to have a single conversation and understanding of what AI means for your business and society.
Toolset: Determine your tech stack, the services you can use, the models you can build, what it means for you, and how you will deploy these models within your organization.
That said, this won’t all happen at once. The initial impact may be low, especially if you only have one key focus area. You’re still learning. As your deployments increase, AI has the power to transform the organization completely. You can become an AI emergent company.
Start to determine which business use case you can solve. AWS also launched AI Use Case Explorer, which might be a great place for you to start. AI business use cases include:
Do you need to hire data scientists? Do you need IT people? Do you use a pre-trained model? Do you work with AWS or someone in their ecosystem? How do you decide?
Esplugas shared the example of Intuit and their decisions in their AI-powered technology. Intuit uses AWS, and they have their core recommendation system based on a model they built. This is the core of their business, so it makes sense for them to have their own unique model. However, they have other functionalities added to their application where pre-trained models make more sense from a cost and time investment standpoint.
The commoditization of language generation
“Generative AI is a technology that is now exploding,” explained Esplugas. AWS recently launched Code Whisperer, a generative AI for coding. If you want to develop an application, you type the application, and as you’re typing, the system is capable of understanding your intention. It can correct your coding errors and tell you what you’re not doing right. This will increase the productivity of developers, not replace them. This is the same on the marketing side.
The goal of AI is to augment human ingenuity. ~ Albert Esplugas, AWS
Accelerating adoption for enterprises vs. small businesses
Business size could play a factor in the piloting of AI programs. Esplugas offered his thoughts:
Overall, find technology based not on whether they’re using AI but rather because AI is making that technology better.
As his final thought of the interview, Esplugas shared his excitement about AI with the audience, saying, “It's augmenting human ingenuity, improving productivity by using AI to serve humans. And that's a fantastic future that we have ahead, and I'm super excited to be part of it. And I think that everyone will be part of it.”
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