Technology » AI Competitiveness
How can companies and governments unlock the full benefits of AI to build competitive advantage?
The way governments, institutions, and companies—the triple helix of business innovation—interact influences an ecosystem’s formation, especially when an entire nation treats a technology as a strategic priority.
The real lesson that China’s A.I. experience teaches us is that in the world of artificial intelligence, as in the case of human intellect, it’s critical to go a mile wide—and many miles deep.
As the post-pandemic recovery takes shape, companies will have to tap into the myriad ways in which A.I. can boost revenues if they are to get ahead of rivals.
In order to manage chronic uncertainty, companies must act on three vectors — they must predict the future, improve their ability to react with agility, and cushion the impact of unforeseen events by being better prepared — and A.I. can be used as an ally for all three.
African companies need to create an environment in which AI can take root, ensure access to data, infrastructure, and licenses, and grow AI talent in order to strengthen the AI ecosystem in the continent.
Some companies will shape the future after COVID-19. They’ll use machine learning to turn massive amounts of raw information into “golden” decisions.
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