AI is still a buzzword for some while there are a great number of people who already used to their advantage. Artificial intelligence (AI) which is capable to mimic the human reasoning and interactions for applications has the potential to transform digital reality way beyond the common perception. No wonder that around 85% of the workforce in companies working with AI believe that this will lead to a huge competitive advantage for the company and CEOs needs to be more aware of it all.
As of now most companies with stupendous employee strength and big sized projects are the principal users of AI-based apps. In spite of that 50% of companies with more than 100,000 employees have an active AI strategy in place and rest do not have the same. So, in spite of such loud buzz and clamor about AI in businesses, only a small portion of the businesses across niches and categories actually have an AI strategy implemented in practice.
This is why it is important to ask what the CEOs of most companies think about AI. How they perceive and implement AI to their business advantage? We need to make CEOs more aware of the AI and its positive business implications.
Here through the length of this post, we are going to explain the key things CEOs need to understand about AI.