Navigating the AI Revolution: Industry-Shaping Insights

The business landscape is changing rapidly, with artificial intelligence (AI) at the forefront of this revolution. Two leading voices, Fergal McGovern of VisibleThread and Rick Harris of the Association of Proposal Management Professionals (APMP) spoke recently at VT Summit. They shared their insights on the role of AI in business and its implications for the future of government contracting.
Micheál McGrath

Head of Marketing

2 min read

Fergal is the founder and CEO of VisibleThread, a language analysis company that has been using AI for over a decade. He believes that Generative AI is not just a fleeting trend but a fundamental shift in how we approach business processes. “AI is an amazing enabler but best to also consider – what am I trying to automate?” McGovern states. Since the variety of use cases is so wide, he highlighted the importance of identifying where you can get quick wins, which process steps AI will create the most impact in your business.

Rick Harris, CEO of APMP, shares this viewpoint and applauds companies like VisibleThread for their approach to innovation and automation. 

VisibleThread has done things the right way; they are an expert in their field and what they do.

This endorsement underscores the significance of a measured and knowledgeable approach to AI integration. Both leaders agree that AI is a powerful tool, but it requires a nuanced understanding to leverage effectively. McGovern warns of the pitfalls of AI, advising caution and due diligence, especially in mission critical industries like defence and space.

Trust but verify AI. If you're using chat interfaces, chatbot type interfaces, whatever it comes back with, make sure that you check that result.

This sage advice from a seasoned industry veteran underscores the need for a balance between embracing innovation and maintaining rigorous standards of accuracy and reliability.

Harris echoes this sentiment, emphasizing the importance of personalization in AI-generated content. “It’s the best first draft tool I’ve ever seen,” he remarks, acknowledging AI’s efficiency while also advocating for the human touch to ensure quality and authenticity.

As we navigate the AI revolution, it’s clear that thought leadership is crucial. McGovern and Harris stand as industry leaders in this evolving space, guiding us through the complexities of AI with a steady hand. Their expertise not only shapes the industry but also ensures that as we move forward, we do so with a clear understanding and strategic foresight.

In conclusion, the journey into the AI-dominated future is made less daunting with leaders like Fergal McGovern and Rick Harris at the helm. Their insights remind us that while AI is a powerful force for innovation, it is the human element – our expertise, judgment, and vision – that will ultimately shape the trajectory of our industries.


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