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AI’s “1998 Moment”: Salesforce AI CEO Clara Shih on Impact, Trust, and Time-to-Value

Unique Research · Insight · August 2, 2024 · Clara Shih, CEO, Salesforce AI

Key points

  1. Trust: 74% of the public worry about unethical AI use; 63% about bias — enterprises must build on trust and transparency.
  2. Data foundation: 86% of tech decision-makers say output quality tracks input data quality, freshness, and security.
  3. Use cases forming: 92%+ of sales/service/marketing/commerce teams considering or already using AI (content, comms, process).
  4. Skills & policy lag: 56% of workers believe genAI will transform their roles; only 21% say their company has a clear AI use policy.

FOMO time

Salesforce State of Data and Analytics: 77% of business leaders feel genAI FOMO — marketing 88%, sales 78%, service 73% (Nov survey; little reason to think July 2024 cooled). Shih: “Most executives worry they’ll miss AI’s upside — and they’re right. This looks like internet 1998: huge opportunity and huge hype. How do we filter signal and find high-impact enterprise use cases?”

Show us the money — and the value

After 18 months of over-promise, responsible vendors (Salesforce among them) try to manage expectations; many non-tech execs still treat genAI as a magic key. Zuckerberg’s “multi-year” framing hit Meta’s stock; Pichai faced Wall Street pressure to keep investing for later returns. Shih on impatience: companies don’t want siloed, hard-to-customize buys — they need turnkey demos for the board and configurability per business unit. First-year myth: “just plug ChatGPT into the org.” Reality: data-leak risk, failed private-LLM rushes, and the need for per-user context (same forecast prompt, different answers for two sellers). Context data is what makes an LLM production-ready.

Bottom line (Shih): like late-90s “is the internet overhyped?” — yes in the cycle, and the winners will be transformative after several experiment cycles and years. That’s why she calls it AI’s 1998 moment.

Editorial English edition by Unique Research, published on UniqueCapital on August 2, 2024. This translation is based on an earlier Chinese article; the Chinese source is credited separately and is not treated as a line-by-line mirror.

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