Technology » AI Competitiveness
How can companies and governments unlock the full benefits of AI to build competitive advantage?
Using A.I. can help companies transform their performance and sustain that transformation, not just keep track of legacy metrics.
Organizations that use AI to improve existing KPIs or create new ones realize more business benefits than organizations that adjust their KPIs without AI.
It’s vital for companies to develop a future-proofed A.I. strategy before setting out in the marketplace, whether that’s now or in the future. To be strategic, executives will need to stop thinking about generative A.I. as a new tool and instead embrace it as a revolution.
Companies can ensure compliance with new legislation while engaging with regulators to establish effective safeguards that leave room for innovation.
For AI startups, success runs through incumbents, but overcoming incumbent reluctance to partner with startups requires more than the best tech.
For industry incumbents to get more out of A.I., they need to allow for meaningful collaboration with 'transformers' who understand the technology deeply.
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