AI is an incredibly powerful tool that can help businesses succeed in the modern economy. However, it is important to remember that AI is not a silver bullet and must be used carefully and thoughtfully. Companies should take the time to understand how AI works and how it can be used to their advantage. Additionally, it is important to ensure that AI is used in a responsible way and that it is not used to exploit or manipulate customers. Companies should also be aware of the potential risks associated with AI and take steps to mitigate them.
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The Power of AI: A Guide for Leaders
In the modern business world, Artificial Intelligence (AI) has become an increasingly important tool for companies of all sizes. A recent Broadridge Digital Transformation study found that over 70% of C-suite executives believe AI is significantly changing the way they work. AI can help increase productivity, reduce risk, and provide an edge to businesses. However, it is important to use AI in a thoughtful and meticulous way in order to maximize returns on investments and ensure that AI is a competitive advantage. This article from Forbes by Chris Perry provides insight into how companies can use AI to their advantage and avoid common pitfalls.
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