WEBINAR: Five Strategies for Getting the Most From AI hosted by MIT Sloan Review
Super short post to tell you about today's MIT Sloan Review hosted webinar "Five Strategies for Getting the Most From AI " based on the blog post of the same name by Jacques Bughin. This shared the results of various surveys and research by McKinsey & Co. From this research, the highlights on developing a successful AI strategy are: you need to be digital based and native already, no leapfrogging straight from an analogy business don't try and do it on your own - they are not mature technologies yet, so use an ecosystem with startup partners and academia be bold - take the chance to reinvent your products The other theme running throughout was that when developing strategy you should think about growth as this lead to bigger profit gains than cost cutting. The advice was also to do it soon, from the companies survey there was a bigger boost from early adopters who innovated. Finally, it's about humans as much as technology. The top three reasons f...