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The Edge for June 2023

An Exclusive Article for NJ ChamberEdge

This Month's ChamberEdge Contributors

Artificial Intelligence is blowing up this year. We asked N.J. Chamber members – experts in AI and those who run business – to tell us how AI is affecting business operations. They told us the good, the bad and the dangerous. Read below to see what they said.

 

Shobhit VarshneyThink of ChatGPT as an Intern With Multiple Degrees

Think of ChatGPT as an intern with multiple degrees. It can help small businesses quickly summarize and analyze contracts and other documents. It gives you the ability to have a virtual conversation to gain understanding of public knowledge of a product or service; and it can create content, such as marketing material or responding to an email from a customer. You have to figure out what is mechanical work that AI can do, and what is creative work that requires a human touch. Further, you need to make sure the content it generates is reviewed by somebody to ensure it is accurate.

– Shobhit Varshney, VP & Senior Partner, Americas AI & Analytics Leader, IBM Consulting

 

Doug VargoWhat Will Be Important Is the Analytical and Critical Thinking of People Using AI

ChatGPT uses a pre-trained algorithm that has ingested all of the information on the internet. It uses language models that make interacting with it like chatting with a person. But there is an issue of biasness within AI. Data being fed to train the models can be bias. There may be large sets of data, but if it is trained to focus only on a subset, that is bias. When you trust AI, that’s when there is risk. You want to take advantage of what AI can do, but you want to make sure you have the human touches. Going forward, what will be important is the analytical and critical thinking of the people using AI – those are the skills employers will be looking for. Eventually, organizations will have control of their own data sets.

– Douglas Vargo, Vice President, Consulting Services, CGI

 

Kevin MichelsUse It So It Helps Solve Problems, Not Create Problems

Look at ChatGPT’s own disclaimers. It says up top that it may produce inaccurate information. It produces information based on inferences from data. So do we want employees to use the device? It is a great tool to start with. The danger is when it’s the only tool you use. There is a concern the data they rely on are bias. There are copyright issues. But there are advantages too. These tools have interesting abilities to teach us what’s out there and go deeper. We can use these tools to streamline processes and create efficiencies. Once you get past the initial (concerns), the question is how can this make us better? How do you become a trained user, so you can use it critically? A lot of it has to do with embracing the tools and use it in a way that it helps solve problems, not create problems.

– Kevin H. Michels, Professor and Director, School of Business Center for Innovation and Ethics, The College of New Jersey

 

Michelle SchaapAI Is a Game Changing Technology of This Generation and Beyond

Generative artificial intelligence – similar to nuclear energy and the Internet – is a game changing technology of this generation and beyond. The transformative power, the ramifications and risks, and the social disruption inherent in this new technology are not fully understood by policymakers and stakeholders, let alone the majority of potential users. In fact, an attorney recently submitted a brief prepared by ChatGPT to the Southern District of New York that was replete with fictitious case law and even false cases. That being said, attorneys must become familiar with the positive uses of AI as it develops in order to better serve their clients.

– Michelle Schaap, Member, of Chiesa Shahinian & Giantomasi PC. Michelle is the firm’s Chair of the Tech, Privacy and Data Innovations Group

 

Justin LahullierWe're Excited About Implementing AI To Help Analyze Dental X-Rays

At Delta Dental of New Jersey, we're developing AI chatbots to bolster our customer service and provide immediate, personalized assistance to our clients. Also, we're excited about implementing AI in claims review – it will act as a second set of eyes to analyze dental X-rays and documents. These innovations will enhance – not replace – the human touch provided by our associates, making us more efficient and helpful in serving our customers.

– Justin Lahullier, Chief Information Officer and Vice President Information Services, Delta Dental of New Jersey and Connecticut

 

Jordan TannenbaumWe’re Using AI To Identify Inpatients Who Are At-Risk for Readmission

“Saint Peter’s Healthcare System uses AI-enabled methodologies to identify inpatients who are at-risk for extended stays or readmission within 30 days. The methodology combines census data, non-medical data from public sources, claims data and pharmacy-use data to create a risk profile. We identify patients who have high-risk social determinants of health needs, such as lack of transportation, housing, or food insecurity. Our goal is to engage with these patients, and connect them to community and government resources for the support they need as a complement to their clinical care.”

– Jordan Tannenbaum, Vice President/Chief Information Officer and Chief Medical Information Officer, Saint Peter’s Healthcare System

 

Justin MurrayGoogle Bard Generates a Plan on How To Follow-Up With People I Meet

I often return from networking events with a page full of new connections and notes on important conversations. Using Google Bard – which I prefer over ChatGPT because the data is more up to date – I input my notes along with a detailed prompt to create a follow-up plan. Bard generates a descriptive plan on how to follow-up on conversations with people I met, including upcoming events they may be attending, industry insights they may be intrigued by and more.

– Justin Murray, Director, Partnerships; TechUnited:NJ

 

Merodie HancockWe Are Using AI-Powered Tools To Elevate Student Success Rates

At Thomas Edison State University, we are using AI-powered tools to elevate student success rates. We are using systems capable of interpreting vast amounts of incoming transcript data [Shamrock Solutions], producing targeted help desk responses [Zendesk], and guiding meaningful student tutoring interactions [Brainfuse]. AI-powered tools identify patterns, detect potential challenges, and provide tailored recommendations, enabling students to thrive academically and achieve their goals.

– Merodie A. Hancock, PhD, President, Thomas Edison State University

 

Mike ReaganAI Is Helping Us Access All Publicly Available Information To Better Understand the Challenges Our Customers Are Facing

CGI is leveraging the power of artificial intelligence both for our clients and in our business operations. For example, AI is helping us access all publicly available information to better understand the challenge a customer is facing, and helping CGI develop strategies to overcome those challenges. We still rely on our industry and IT experts to synthesize information, but AI provides great starter frameworks. Additionally, CGI is using AI to help automate routine tasks, and freeing up our members to focus on serving our clients and increasing efficiency.

– Mike Reagan, CGI, Senior Vice President Consulting Services

 

Lawrence KrampfAI Allows Our Chatbots to Have More Intuitive Exchanges With Patients

GoMo Health’s concierge programs act like virtual care coordinators that offer guidance to patients and members both pre- and post-discharge to (help them) self-manage their conditions. We have used artificial intelligence to help our concierge programs have more intuitive exchanges with the patients via text messages. Our chatbot responds to patients’ messages based on key words and phrases and can automatically escalate to a live-care coordinator, which, in some cases, saves lives.

– Lawrence Krampf, GoMo Health, Chief Revenue Officer

 

Jason JulianoAutomating Certain Routine Tasks Reduces Errors and Boosts Productivity

Business advisory firms like EisnerAmper, and its clients, process overwhelming information. Artificial intelligence can help improve efficiency. Automating certain routine tasks – like accounts payable, sales optimization an automating emails – reduces errors and boosts productivity. Businesses must address challenges like data quality, talent gaps and ethical concerns.

– Jason Juliano, Director, EisnerAmper Digital

 

Responses for this article were edited for space and clarity.

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Newsmakers


Deb Visconi, president and CEO of Bergen New Bridge Medical Center, was recently installed as the 2026 board chair of the New Jersey Hospital Association. She succeeds 2025 Chair Mark Stauder, who recently retired as chief operating officer of Hackensack Meridian Health. Visconi is also a member of the New Jersey Chamber of Commerce Board of Directors.


Prager Metis CPAs, the accounting and advisory firm, announced that Lori A. Roth has been named CEO, and Stuart H. Mayer has been named COO. Roth, who previously served as global managing partner and executive committee member of Prager Metis, will provide leadership and strategic planning to more than 100 partners and principals and 600 team members. Mayer, who previously served as northeast regional managing partner and executive committee member for Prager Metis, will oversee daily operations.


RWJBarnabas Health named Jonathan P. Kyriacou as president and CEO of Jersey City Medical Center, effective Jan. 26. Kyriacou recently served as the COO at The Mount Sinai Hospital in New York City, a 1,134-bed flagship academic medical center.


OceanFirst Bank is going regional. The Red Bank-based bank said it is merging with Uniondale-based Flushing Bank in a $579-million merger. The all-stock deal will create a regional bank under the OceanFirst name that will have a presence across N.J., Long Island and New York. OceanFirst CEO Chris Maher will continue to lead the company. Pending regulatory approval, the merged bank is expected to hold about $23 billion in assets, $17 billion in loans and $18 billion in deposits across 71 retail branches.


Johnson & Johnson announced it has surpassed $100 million in MedTech product donations since 2020, providing essential tools and technologies to under-resourced health systems worldwide. To mark the milestone, J&J revealed plans to invest an additional $20 million in 2026 for training health care professionals and the donation of medical tools that allow local doctors to perform life-changing procedures.


In a tribute to nearly three decades of dedication to professional soccer, Major League Soccer recognized John Gallucci Jr., president & CEO of JAG Physical Therapy, for his 27 years of distinguished service as the league’s associate chief medical officer. The honor was punctuated by the announcement of the John Gallucci Leadership Award, a newly established scholarship designed to bridge the gap between rising athletic training talent and the world’s leading sports medicine experts.


The American Water Charitable Foundation, the philanthropic arm of Camden-based American Water, released its 2025 Community Impact Report showing $5.7 million in charitable contributions over the past year. The funding was distributed through grants and employee-matching programs to support social and environmental initiatives across the 14 states served by American Water. It brings the foundation’s total contributions to more than $25 million since its launch in 2012.


Hackensack Meridian Jersey Shore University Medical Center has renamed its landmark outpatient facility the 'Dr. Robert H. and Mary Ellen Harris HOPE Tower.' The renaming ceremony celebrates the philanthropy of Mary Ellen Harris and the Golden Dome Foundation, whose total contributions to Hackensack Meridian Health have exceeded $50 million over the last seven years. It also honors the legacy of Mary Ellen’s late husband, Dr. Robert H. Harris, a renowned researcher who helped bring Advil to the over-the-counter market and developed the life-saving epilepsy drug Vimpat.


Philanthropist Helena Theurer made a $10 million donation to the Hackensack Meridian Health Foundation to fund scholarships to the Hackensack Meridian School of Medicine. The largest gift in the school’s history establishes the Helena Theurer Endowed Student Scholarship, which will create four annual $100,000 scholarships that will help to cover full tuition and living expenses.


RWJBarnabas Health, the New Jersey-based health system, has become the naming-rights partner of Red Bull New York's new performance center in Morris Township. The facility will be called the RWJBarnabas Health Red Bulls Performance Center. Under the deal, RWJBarnabas Health also becomes the official Hometown Healthcare System and EMS provider for Sports Illustrated Stadium in Harrison, Red Bull New York, Red Bull New York II, and the club’s youth programs and academy.


American Airlines announced it is launching free high-speed Wi-Fi, sponsored by AT&T, on more than 2 million flights a year. By spring, it will be available on nearly every American Airlines flight. Customers will be able to access the Wi-Fi through the airline’s portal (aainflight.com) by using their AAdvantage number and password


Members of the New Jersey Society of Certified Public Accountants (NJCPA) visited 66 high schools in New Jersey during the fall to discuss accounting careers and the benefits of becoming a certified public accountant (CPA). Under the program, NJCPA members visit high schools, often their alma maters, to discuss the ways businesses and individuals rely on CPAs for financial guidance and business strategies.


Connell Foley LLP recently announced that Patrick C. Dunican Jr. has joined the firm as a partner in its corporate practice group. He will focus on law firm consulting, expert opinion, risk management and higher education governance, while also supporting the firm’s business development. Dunican previously served as managing director and executive chairperson at Gibbons P.C. for 18 years, where he guided the firm’s strategic vision, operational leadership and long-term growth.


Rutgers University-New Brunswick has again been recognized as a "top producer" for the Fulbright U.S. Student Program, marking the 15th time in two decades the institution has achieved the distinction. This year, 11 Rutgers undergraduates and recent alumni were awarded grants to study, conduct research, and teach English across the globe. The "top producer" distinction is awarded by the U.S. State Department to colleges and universities with the highest number of applicants selected for the Fulbright program.


Netflix co-CEO Ted Sarandos joined Gov. Murphy and Governor-elect Mikie Sherrill Monday to celebrate the official closing of the company's purchase of a "mega parcel" at the former Fort Monmouth. The ceremony signals the start of a $1 billion development of Netflix Studios Fort Monmouth. The project is slated to become one of the nation's largest film and television production facilities, featuring 12 soundstages.


Goya Foods, the nation's largest Hispanic-owned food company, is celebrating its 90th anniversary. What began in 1936 as a small storefront in Lower Manhattan has evolved into an iconic global brand boasting 2,500 products and a workforce of 4,000 employees headquartered in Jersey City. Founded by Spanish immigrants Prudencio Unanue and his wife Carolina, the company’s mission was simple: provide authentic, high-quality foods that offer a taste of home to the growing Latino community in New York.


Fairleigh Dickinson University has received the largest single donation in the school’s history, going toward the College of Psychology and Counseling. An anonymous donor contributed $6 million that will create a new hub and learning space on the Teaneck campus, technological advancements, scholarship opportunities for students, mental health services and other faculty resources, the university said in a release.


Thomas Edison State University has launched a first-of-its-kind doctoral pathway in the state: the Doctor of Education in Professional Studies. This innovative 'degree-completion' program is designed for the “ABD” (All But Dissertation) population – thousands of experienced professionals who started a doctorate elsewhere but never finished. The program recognizes prior doctoral work and replaces the traditional dissertation with an applied field project focused on real-world impact.


A once-daily pill version of Novo Nordisk‘s GLP-1 weight loss drug Wegovy has hit the market. The drugmaker said the starting dose of 1.5 milligrams is now available through 70,000 U.S. pharmacies and telehealth providers. Higher doses of the drug (4 milligrams, 9 milligrams and 25 milligrams) are also available to patients, according to Novo Nordisk. Novo Nordisk has its U.S. headquarters in Plainsboro.


Bristol Myers Squibb appointed Harald Hampel to serve as its senior vice president and worldwide head of medical affairs, neuroscience. A globally recognized leader in brain health, Hampel is known for advancing the understanding and study of Alzheimer’s disease and other neurodegenerative and neuropsychiatric disorders. In his new role, he will set and execute BMS’ global medical strategy for neuroscience and serve as its senior medical leader and external scientific voice in the field.


Health care company Bayer, with locations in Whippany and Morristown, said Jan. 29 that it has teamed up with former Dallas Cowboys quarterback, Tony Romo, on a campaign celebrating everyday moments in the fight against prostate cancer. Romo is joined by his father Ramiro, a prostate cancer patient, to provide commentary on advanced prostate cancer patients and their caregivers. The campaign aims to start conversations about prostate cancer.