Matt Wood is the VP of AI Products at Amazon Web Services (AWS). Wood joins Big Technology Podcast to discuss the current state and future potential of AI, according to Amazon. Tune in to hear insights on how customers are adopting AI, the importance of model choice and specialization, and the evolution of AI in the near-term. We also cover AWS' AI platform, Amazon's Alexa assistant, and the cultural shifts needed for organizations to successfully leverage AI. Hit play for an engaging and informative conversation on the cutting edge of AI with one of the industry's leading experts. Chapters 00:00 Introduction and Background 04:19 Generative AI Adoption in Regulated Industries 08:52 The Promise of Incremental Improvements and Step Function Changes 11:33 Cultural Shift: Long-Term View and Tolerance for Failure 22:02 The State of Agents in Production 27:52 Introduction to Matt Wood and Amazon's AI Products 30:21 Different Workloads and the Need for Specialized AI Models 33:14 The Value of Optionality and Purpose-Built Solutions 36:06 The Shelf Life of Models and the Evolution of Model Capabilities 38:49 The Future of AI Models: Improved Reasoning and Customization 40:46 The Anticipation of Next-Level Models and the Diversification of Model Providers 43:24 Best Case Scenario for Generative AI 45:10 Worst Case Scenario for Generative AI 47:13 The Future of Alexa: Marrying Intent Mapping with Large Language Models