Tom Hewitson: How to Build AI Literacy in Organisations

Episode notes

Summary In this episode of the AI Pathfinder for Private Equity podcast, Steve Budd and Tom Hewitson discuss the journey of firms in adopting AI technologies. They explore the evolution of AI, the importance of building AI literacy, and the challenges organisations face in moving from experimentation to structured capability. Tom emphasises the need for leadership alignment, effective incentives, and metrics to measure success. The conversation also talks about the concept of 'vibe coding' and how AI can empower individuals to create their own solutions, ultimately transforming the way work is done in private equity and beyond. Takeaways Private equity firms are transitioning from AI curiosity to action. AI literacy is crucial for organizations to thrive in the future. Culture change is necessary for successful AI adoption. Leadership alignment is key to driving AI transformation. Incentives should focus on organic usage rather than bribery. Measuring AI usage frequency is a critical success metric. Organizations are in a discovery phase with AI technologies. Vibe coding allows non-programmers to create AI solutions. AI can significantly enhance productivity and efficiency.

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