AI: Not the End of the World, But Maybe the End of Your Business?
A recent survey of top business leaders has revealed that while they may not be worried about AI destroying humanity in one year, they are concerned about its potential to wreak havoc on their businesses. With generative AI poised to revolutionize the way we do business, it’s time for companies to take action or risk falling behind their competitors.
Productivity Gap: Experts predict that generative AI could add $4.4 trillion to global output annually. If your organization isn’t aggressively seeking opportunities to implement AI, you may soon find yourself unable to bridge the productivity gap between you and your competitors.
AI-powered Cyber Attacks: Cybercriminals are increasingly using generative AI to carry out sophisticated attacks, including phishing emails, virtual kidnappings, and advanced social engineering tactics. Failure to address these new AI threats can result in monetary loss, data breaches, and a damaged reputation for your company.
Lightning Disruption: The speed at which AI is disrupting industries is unprecedented, with companies like Google feeling the impact almost immediately after the release of new AI technologies. If you’re not prepared for lightning disruption in your industry, you could find yourself on a path of reducing revenues with no way out.
Want to know how your company can leverage AI for its benefit and manage AI risk? Stay tuned for future articles and discussions on how senior executives, board members, and business leaders can use AI effectively. The time to act is now—don’t let AI catch your business off guard! What’s your take on the impact of AI on business? Let us know in the comments below!
IntelliPrompt curated this article: Read the full story at the original source by clicking here