Axios - A global survey of C-suite executives by IBM's Institute for Business Value found most expect AI spending to shift over the next four years from efficiency to a new wave of innovation.
- 64% of the surveyed executives think that by 2030, their AI edge will come from innovation rather than resource optimization.
"AI won't just support businesses, it will define them," Mohamad Ali, SVP of IBM Consulting, writes about the 63-page study to be released in conjunction with tomorrow's opening of the World Economic Forum in Davos, Switzerland.
- "By 2030, the companies that win will weave AI into every decision and operation. They will own powerful AI assets, move faster than competitors, bring innovations to market quickly, and deliver real, measurable business results using technology and automation."
Gary Cohn, IBM's vice chairman, told me in an interview as he left for Davos that people keep waiting for "the day that AI rules the world. It's just not going to happen that way. We're going to evolve over time, like most new technologies. ... AI is in that evolutionary stage, and I think that's what people keep missing." Explore the findings.
NOTE - While we can't do this with quotes, in the future Undernews will use the full term Artificial Intelligence when possible since the abreviation AI neatly obsures that what you get is only articificlly intelligent.
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