Could a failure to scale artificial intelligence projects spell doom in 2020?

THERE IS no technology as powerful as artificial intelligence (AI), that much is certain. In the world of business, organizations have shown faith in the technology by investing in a number of pilot projects -- but unfortunately, they have been unable to scale up those projects to unleash the full potential of AI. According to a recent survey of 1,500 c-suite executives, 75 percent said they believe they risk going out of business in 5 years if they don't scale AI. Further, 84 percent of the executives surveyed said they believe they won't achieve their growth objectives unless they deploy AI. To top it all, the survey also revealed that the few companies that actually managed to strategically scale AI projects seem to have nearly twice the success rate and three-times the return from AI investments as compared to those pursuing pilot projects in silos.