Companies See Promise in AI But Struggle With Practical Implementation, Governance
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AI brings massive potential, but many business leaders are still uncertain how to best leverage it strategically.
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Leaders must focus on using AI to augment human capabilities, not replace jobs. A "human in command" approach is essential.
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Companies need to designate an AI leader to oversee governance, risk management, and ensuring AI strategies align to business goals.
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Leaders should view AI as an opportunity to transform entire business processes, not just make marginal improvements.
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To fully capitalize on AI's potential, companies must address skill gaps, upgrade tech architecture, and prepare data systems.