Should your company bet on AI as a growth strategy now? How to distinguish between real opportunities and speculative fads and make informed decisions about whether AI is the next big bet In this article, the author provides five steps to help companies answer this question. After careful analysis, the final decision is: “Is the current state of AI aligned with your business strategy?” If so, investing in this wave of technology could propel your business to new heights.
In 1998, the year after he returned to Apple, Steve Jobs said His long-term strategy, he says, was to “wait for the next big thing.” The visionary innovator identified the core of any growth strategy in his uniquely concise response. It’s about following the direction of technology, ideally before your competitors. As science fiction writer Frederick Pohl Said“The challenge is to predict traffic jams, not cars.”
