December 21st: 'AI: The Crypto Craze, But With More Buzzwords

"When every company is scrambling to leverage AI without understanding their problems—or their data."

Author: Jeppe Lillevang Salling - Date: 2024-12-21

AI: The Shiny New Toy of the C-Suite

Let’s start with the obvious: recent advances in AI are nothing short of miraculous. LLMs like ChatGPT can spin up essays and debug code while you sip your coffee. Tools like Stable Diffusion churn out art that makes graphic designers question their career choices. The possibilities are incredible.

Naturally, this has sent executives into a frenzy. The same folks who were dabbling in blockchain a few years ago are now brainstorming ways to slap “AI” onto every PowerPoint slide. It doesn’t matter if the use case makes sense or if they even understand the technology. What matters is that they don’t look like they’re falling behind.

If AI were home decor, every exec would be buying six smart fridges and calling it a smart home—never mind that their actual problem is a leaky roof.

From Blockchain Snake Oil to AI Elixirs

The rebranding is seamless. Yesterday’s blockchain visionaries are today’s AI disruptors, armed with the same vague pitches, only now drenched in “machine learning” mystique. “AI-powered” is the new “decentralized,” promising to revolutionize your business without explaining how—or why.

And the kicker? It works. Investors nod approvingly, board members smile at the buzzword compliance, and somewhere, a grifter walks away with a fat check for installing ChatGPT as your HR assistant. Now employees can “chat” with the company handbook to learn how to file vacation requests—because apparently, reading a PDF is a lost art.

The snake oil isn’t gone; it’s just been rebranded. Check LinkedIn—‘AI Innovator’ is the hottest new title in town.

The AI Gold Rush: Tools First, Problems Later

Here’s the thing: AI isn’t a strategy. It’s a tool. Yet organizations are rushing to buy AI solutions before they’ve even identified what problems they’re solving. It’s like running to IKEA without knowing what furniture you need—and leaving with six decorative lamps.

The result? Companies end up using AI for underwhelming tasks, like making employee handbooks “chattable.” Sure, it’s nice to ask, “How do I register vacation days?” in a chatbot, but is this the groundbreaking application we were promised? Hardly.

Meanwhile, employees are using AI for real problems:

And here’s the twist: they’re doing it with unauthorized tools because the company’s shiny new AI rollout is too slow, clunky, or irrelevant.

Congrats, your employees are now AI shadow IT experts. The ‘Copilot’ you bought is already collecting dust and your data is probably being leaked.

When Security Loses Its Mind

If the gold rush wasn’t chaotic enough, enter security and compliance. These teams are scrambling to lock down AI tools faster than you can say “data breach.” Blanket bans are issued, overreaching policies are drafted, and productivity grinds to a halt.

But here’s the irony: employees don’t stop using AI. They just get creative about hiding it. Shadow tooling is the new shadow IT, and it’s here to stay. Why? Because no internal tool can compete with the sheer ease of ChatGPT, Bing Chat, or Gemini. Drag in a file, paste some text, and get polished results in seconds. It’s instant, effortless, and effective—a trifecta most corporate tools can only dream of achieving.

Organizations face an uphill battle trying to beat that user experience. Instead of banning these tools outright, they might as well embrace the inevitable and find ways to integrate them safely. Otherwise, they’ll be fighting a losing war as employees quietly (and creatively) bypass every restriction to get their tedious tasks done faster.

At this rate, using ChatGPT at work will soon feel as rebellious as sneaking a flask into a corporate retreat—only far more productive.

Understand Your Problems, Understand Your Data

Before you rush to the AI aisle of the corporate supermarket, take a step back. The real key to leveraging AI isn’t found in buzzwords or shiny tools—it’s in understanding two fundamental things: your problems and your data. Start by identifying Problems, Not Chasing Solutions.

Start with Problems, Not Products

What toil are you trying to alleviate? Where are your bottlenecks? What processes suck up time and resources without delivering value? If you can’t answer these questions, buying an AI tool won’t help. AI is a powerful tool, but it’s just that—a tool. Without a clear purpose, it’s like buying a chainsaw to butter your toast. Overkill, messy, and ultimately useless.

Take a hard look at where AI can add value:

If you’re deploying AI without a clear goal, you’re not innovating—you’re procrastinating.

Your Data Is Your Foundation

Once you know your problems, ask yourself: “Do we even have the data to solve them?” AI doesn’t operate in a vacuum. It needs structured, clean, relevant data. And here’s a harsh truth: most organizations don’t have that. Instead, they have:

Hurling your employee handbook into an LLM so workers can “chat” with their vacation policies might sound clever, but let’s be honest—it’s not transformative. It’s just another layer of lipstick on the same old pig. Real progress with AI starts with the foundation: your data.

First, your data needs to be clean. That means eliminating the errors, duplicates, and irrelevant noise that so often clog organizational systems. Then, it must be structured—organized in a way that makes it accessible and actionable, rather than scattered across countless PDFs, spreadsheets, and siloed databases. Finally, it requires contextual understanding. You need to know not just what the data says, but what it means—how it connects to your business goals and the problems you’re trying to solve.

Without this foundation, even the most advanced AI is just spinning its wheels. Clean, structured, and meaningful data isn’t a nice-to-have; it’s the engine that drives everything else.

A Final Thought

The organizations that succeed with AI won’t be the ones diving headfirst into the gold rush. They’ll be the ones brave enough to pause, reflect, and focus on solving real problems. They’ll invest in understanding their data before buying the tools, and they’ll measure success not by buzzwords but by actual results that make a difference.

Because at the end of the day, the best AI strategy isn’t about being the loudest voice in the room—it’s about being the smartest one. Understand your problems, understand your data, and let the rest follow.

Hype Is Not a Strategy

AI has incredible potential, but only for organizations willing to approach it with discipline and intention. Skipping the buzzwords isn’t just smart—it’s essential. The winners will be the ones who integrate AI thoughtfully, solving real challenges instead of scrambling to impress their peers over overpriced lunches.

Let’s not ignore the elephant in the boardroom: much of the AI frenzy is fueled by executive egos and imposter syndrome. Nobody wants to admit they’re behind the curve, so billions are burned on flashy, hollow projects just to be part of the hype.

Forget AI ethics for a moment—let’s talk about the ethics of squandering entire budgets on tech that exists solely to one-up the competition. If AI is meant to be transformative, shouldn’t we focus on actual transformation instead of performative spending?

The real trailblazers won’t be the ones throwing cash at the AI aisle of the corporate supermarket. They’ll be the ones asking the simplest, yet hardest, questions: “What’s actually broken, and how can we fix it?”

That’s where the future of AI begins—not in the boardroom bravado, but in the quiet, thoughtful work of solving meaningful problems.