Council Post: In The Face Of Recession, Investing In AI Is A Smarter Strategy Than Ever

Alexander Hagerup, Co-Founder and CEO of Vic.ai, is a serial tech entrepreneur with a strong passion for artificial intelligence. As experts continue to debate whether a true recession is on its way, two things are certain: The economy is contracting, and borrowing is more expensive than it has been in over a decade. As a result, many businesses are becoming more cash-conservative, slowing their growth plans and battening down the hatches for what might be a challenging handful of years. But as belts are tightening, business leaders still need to consider continued investment in areas that can improve business operations. As they evaluate how to optimize under financial pressure, businesses must weigh where their investment dollars will give them the best and quickest ROI.