Artificial intelligence (AI) is poised to transform every industry, just as electricity did 100 years ago. It will create $13 trillion of GDP growth by 2030, according to McKinsey, most of which will be in non-internet sectors including manufacturing, agriculture, energy, logistics, and education. The rise of AI presents an opportunity for executives in every industry to differentiate and defend their businesses. But implementing a company-wide AI strategy is challenging, especially for legacy enterprises. My advice for executives, in any industry, is to start small.

Artificial intelligence (AI) is poised to transform every industry, just as electricity did 100 years ago. It will create $13 trillion of GDP growth by 2030, according to McKinsey, most of which will be in non-internet sectors including manufacturing, agriculture, energy, logistics, and education. The rise of AI presents an opportunity for executives in every industry to differentiate and defend their businesses. But implementing a company-wide AI strategy is challenging, especially for legacy enterprises. My advice for executives, in any industry, is to start small.

The AI Index 2018 report is out, and if you're interested in AI enough to read this newsletter, you really should read the report through for yourself. Maybe it's the nerdy thing you do when lounging with family this holiday season, or something you take in during a long walk or travel, but it's worth a look since it's one of very few attempts to collate a comprehensive look at the amalgamation that is the AI industry. See last year's newsletter on the annual report for a recap. It doesn't hurt that leaders from the most advanced organizations in this space, including OpenAI, MIT, and SRI International, played a role in putting it together. Corporate AI papers saw a 73 percent increase.