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Source: knowledge.insead.edu In the stampede to build an AI strategy, executives fall into four main traps. It’s almost impossible to pick up a trade journal, hear a start-up pitch or listen to a quarterly earnings call without hearing the two magic letters: AI. Over the past few years, interest in artificial intelligence has rocketed with Read More
Source- thenextweb.com Those who cannot learn from history are doomed to repeat it.” – George Santayana In early September, the media went abuzz with news of Amazon becoming the second US company to surpass the $1 trillion market cap. However, the news of Amazon’s success has eclipsed certain interesting facts: 2017 was the worst year ever for traditional retail stores Read More
Source – forbes.com These and many other fascinating insights are from the Boston Consulting Group and MIT Sloan Management Review study published this week, Reshaping Business With Artificial Intelligence. An online summary of the report is available, and a PDF of the report is accessible here (22 pp., PDF, free, no opt-in). The survey is based on interviews with more Read More
Source – forbes.com The artificial intelligence market is predicted to triple in 2017, becoming a $100 billion industry by 2025. In order to stay competitive, companies are turning to new AI software and solutions in their business operations. For example, Google recently launched an AI-powered job search feature right on its search results page. As a small business owner who Read More
