Botch Up Artificial Intelligence, Go Out Of Business, Executives Fear

Artificial intelligence (AI) is seen by many as the best path to competitive advantage and efficiency. C-level executives are taking this message to heart – three-quarters believe if they don't move beyond experimentation to aggressively deploy AI, they risk going out of business over the next five years. That increasing anxiety emerged in a recent study from Accenture, based on a global survey of 1,500 C-level executives. Still, organizations are scrambling to establish an AI foothold. Eighty-four percent say AI is now vital to their business strategies, but only 16% have moved out of the experimental stage.