PROFIT | AI
BC : Do you feel CEOs understand the potential of AI ?
AR : I don ' t think CEOs fully grasp the potential of AI . Many can understand the potential impact that AI can have on the economy ( eg . US $ 15.7 trillion by 2030 - see Sizing the Prize report ). However most CEOs are unable to grasp the implications for their own business . Every industry sector and business needs to transform itself by using data , analytics , automation and AI . CEOs should consider this as part of the continuing evolution
“ AI will help the workforce become more productive and ultimately more satisfied that they are completing their tasks more effectively ”
Alec Boere AI , Automation and Digital Leader , Infosys Consulting
56 September 2022