Why Most Firms Fail to Capitalize on New Technologies //While it is understandable for business leaders to focus on greater efficiency, using AI and other new technologies merely to upgrade current products and processes is not enough. Success lies in questioning longstanding assumptions about the way things are done, and whether they should be done at all.//
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Most Firms Fail to Capitalize on New Technologies https://lnkd.in/da6c6YCm "… business leaders seek greater efficiency. When it comes to gaining the most from #technology, however, upgrading current products and processes is not enough. Success lies in questioning longstanding assumptions about the way things are done, and devising entirely new use cases." #ai orig https://lnkd.in/dNgVptT3
Why Most Firms Fail to Capitalize on New Technologies by Elisabeth Carpenter & Josh Burek - Project Syndicate
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The IDC predicts a significant increase in global AI spending, with generative AI leading the growth. Software will be the largest spending category, followed by hardware. Financial services, IT, and retail are expected to be the top adopters of AI technology. North America, Western Europe, and the Asia-Pacific region will see the highest AI spending. However, concerns about job losses due to AI integration persist, with upskilling being a potential solution. Integrating enterprise blockchain systems with AI can ensure data quality, ownership, and security. This blend of AI and blockchain technology is crucial for future success. #AI #Blockchain #GenerativeAI #idcpredictions #aispending
IDC guide predicts worldwide AI spending to reach $632 billion by 2028
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⚡ Disruptive tech was a key focus at our recent Connected Places Summit. While new technology has the potential to transform our cities and transport systems for the better, it can also bring disruption and uncertainty. We spoke to five key speakers at the Summit to ask for their thoughts. Read more 👉 https://lnkd.in/eJnbfcsV #CPSummit24 #Cities #Technology #AI #Innovation
Disruptive tech in focus at Connected Places Summit
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With the recent discussions about the future of AI, Jonas Alexandersson, our founder at GetWhy, shares his perspective on why the focus should be on the problems that matter most to us, rather than technology trends. Technology, including AI, is a tool that can be used to solve problems. In other words, it's a means to an end. When done correctly, at least.
Are you passionate about solving a problem or are you simply chasing the latest or next technology wave⁉ It's a question worth considering. Technology waves like the internet, smartphones, blockchain, AR, and AI tend to capture the attention of the masses, but we must not lose sight of the problems that we should be passionate about solving, irrespective of any technology shift and the hype it creates. Our focus should be on the problems that matter most to us, rather than the technology trends. Let's not forget the bigger picture and the difference we can make by solving problems that truly matter. Start with the "Why". 🙏
AI in Problem-Solving: Putting the "Why" Before "How" in AI
https://getwhy.io
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“It is an amazing time to be working in AI, but we need to make sure that whenever we are making these big innovations, we ensure that the data is collected in the right way at the right time from the right people and share the benefits equally across society.” Responsible AI UK’s chief executive and professor of AI, Sarvapali (Gopal) Ramchurn, and five other key speakers at the recent Connected Places Summit, share their thoughts on the future of disruptive technology. Read more 👉 https://lnkd.in/eJnbfcsV #CPSummit24 #Cities #Technology #AI #Innovation
Disruptive tech in focus at Connected Places Summit
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Ant Group's decade-long commitment to AI is revolutionizing industries, from blockchain to green computing. As Australia balances AI innovation with sustainability, and the EU tightens AI regulations, how can businesses navigate this dynamic landscape? Explore the latest trends in AI and their global implications. 🔗 Read the full article: https://lnkd.in/eXjmvi6r #AI #Innovation #Sustainability #BusinessLeadership #TechTrends
🚀 Ant's Big AI Bet, Australia's Dual Dilemma & DeepLens Magic
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Are you passionate about solving a problem or are you simply chasing the latest or next technology wave⁉ It's a question worth considering. Technology waves like the internet, smartphones, blockchain, AR, and AI tend to capture the attention of the masses, but we must not lose sight of the problems that we should be passionate about solving, irrespective of any technology shift and the hype it creates. Our focus should be on the problems that matter most to us, rather than the technology trends. Let's not forget the bigger picture and the difference we can make by solving problems that truly matter. Start with the "Why". 🙏
AI in Problem-Solving: Putting the "Why" Before "How" in AI
https://getwhy.io
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The Next Big Disruptions in Tech! As highlighted in a recent CIO article, disruptive technologies like AI, blockchain, and advanced automation are transforming business landscapes faster than ever. We're here to help organizations embrace these innovations and turn disruption into growth. With our tailored solutions, you can stay ahead of the curve, driving efficiency and success in a rapidly evolving market. Explore how we can help your business leverage these disruptive technologies for a brighter future! #TechDisruption #AI #Innovation #BusinessGrowth
Top technologies that will disrupt business in 2025
cio.com
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We are living in a time of increasingly #intelligenttechnologies, when an organization’s ability to be trusted really matters. But the way #data and intelligent technologies such as #ai are being used is creating significant #trust gaps. For example, the public feels that intelligent technology is moving too fast and that #regulators can’t keep up. As #businesses and governments transform to meet new #challenges, it’s essential to embed Trusted Intelligence into the core of their operations. Trusted data and intelligent technologies such as blockchain can increase speed, transparency and agility. There are growing trust gaps that are limiting growth, slowing #innovation and undermining value creation. These are the gaps between what data and technology can do and what people are willing to let it do. Until these trust gaps are closed, the full potential of AI and other intelligent technologies cannot be realized. Enterprises powered by trust will be able to deliver on all three transformation drivers: people, technology and innovation. They’ll be able to leapfrog their competitors. To shape new markets. To lead into better futures. https://lnkd.in/dBb_2qc3
Are you moving at the speed of trust?
ey.com
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From AI to GenAI: Manufacturing Driving Next-Generation Intelligence https://buff.ly/3CEHitX #EmergingTech #AI #GenAI #LLM #EnterpriseSearch #InsightEngine #Search #Manufacturing #Blockchain #Technology #Innovation #Coruzant #Mindbreeze Coruzant Technologies Mindbreeze
From AI to GenAI: Manufacturing Driving Next-Generation Intelligence
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Outsourcing and Change Consultant
4moAbsolutely agree Hemant - considering significant change should always be seen as an important opportunity to review and improve.