594: Why CEOs Care About A.I. More than Other Technologies
Jul 22, 2022
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A.I. industry veteran Ben Taylor and Jon Krohn discuss why CEOs prioritize A.I., highlighting pressure from boards and potential business growth. They tackle communication challenges between data scientists and executives, emphasizing the importance of simplifying benefits and improving storytelling to drive excitement and actionable insights.
CEOs prioritize investing in AI due to board pressure and transformative growth potential.
AI storytelling for businesses is crucial to communicate impact effectively to domain experts.
Deep dives
CEOs prioritize AI due to board pressure and growth potential
CEOs prioritize investing in AI over other technologies because of board pressure and the potential for growth and transformative impact on their businesses. Boards are driving the focus on AI strategy, recognizing its ability to accelerate growth and revolutionize company processes through data and people. Executives are keen on understanding AI's implications for their businesses, although many in the AI field struggle to communicate its business impact effectively.
Shift towards better storytelling and actionable insights in AI
Progress is being made in AI storytelling for businesses, aiming to convince domain experts of AI's effectiveness rather than just data scientists. The focus lies on enhancing process efficiency and envisioning the substantial data growth in the future. Emphasis on actionable insights in AI systems is crucial for driving real value and improving business operations.