Ravi Rajamani, Managing Director and Global Head of AI Blackbelts at Google Cloud, and Ben Meigs, Associate Partner at McKinsey specializing in AI in R&D, discuss the urgent need to improve declining R&D productivity. They highlight how AI can revolutionize processes, from design to validation. The duo emphasizes strategic investments in AI, the importance of fostering a culture of experimentation, and the need for effective governance. They warn that early adopters of AI will gain a significant advantage, compelling organizations to act swiftly.