The New York Times this morning published an article about CEOs wanting their companies to adopt AI.
Reminds me of several times over the past 25 years of my career. CEOs read an article maybe from major media or TV about a new technology. Ah, that’ll give us an edge, some think. Others, we need to jump on this before our competitors get it.
Mostly, they didn’t really have a clue what the technology could really do. Or how to implement it. Or what the costs would be. Or what real benefits, as opposed to media speculation about benefits, could be accrued.
Reports and studies are released in a steady stream about projects delayed or not succeeding due to lack of a plan, lack of accountability, lack of executive sponsorship, and the like.
You can read the headline as artificial intelligence (undefined) or automation or robotics.
The time really requires something between over reacting and too much analysis. Choose an executive champion who will begin methodically building a team.
