3 Reasons AI Is Your Business's Most Efficient Growth Driver

Byron Deeter from Bessemer went on CNBC this morning and talked about the business word of the year, growth. He made two crucial points Data Science teams need to know about. Companies are willing to spend less to get the same amount of new revenue than they were just three months ago. He brought up growth efficiency. Last year businesses were willing to spend $2 to get $1 in recurring revenue. Now it is closer to $1 spent to generate $1 in recurring revenue.