Embracing AI – Key to Futuristic Org Strategy

In the 2019 MIT Sloan Management Review and Boston Consulting Group (BCG) Artificial Intelligence Global Executive Study and Research Report, 9 out of 10 respondents agree that AI represents a business opportunity for their company. "What if competitors, particularly unencumbered new entrants, figure out AI before we do?" In 2019, 45% perceived some risk from AI, up from an already substantial 37% in 2017. More and more leaders are viewing AI as a risk if they are behind in adoption. Financial Institutions have been at the forefront of AI adoption.