Artificial Intelligence (AI) and Machine Learning (ML) are reshaping industries at an unparalleled rate, prompting more companies to embrace these technologies. However, the value and competitive advantage derived from technology are not automatic—they require strategic insight and implementation.
Technology Valuation Desk
T. Robb
Strategic Considerations for AI in Business:
1. Competitive Advantage Through AI: Does having access to vast data reserves automatically position companies like Google at a competitive advantage? We explore this assumption and how other companies can leverage AI to create their own competitive edges effectively.
2. Horizontal vs. Vertical AI: Each AI strategy offers unique benefits, but which one is more likely to deliver sustainable value for different types of businesses? We delve into the strengths and weaknesses of both approaches to determine their effectiveness across various industry contexts.
3. Make or Buy Decisions: It is crucial for companies to decide whether to develop AI capabilities in-house or to acquire them from external sources. We provide insights into making these strategic decisions, emphasizing how they can influence ROI and long-term business growth.
4. Impact of AI on Technology: How is AI influencing current technological frameworks and what implications does this have for future innovations? We explore how AI integration is reshaping business operations and the potential transformative effects it holds.
5. Governance and Ethics in AI: As AI technologies become more integral to business operations, addressing governance and ethical considerations becomes essential. We discuss the importance of transparent, responsible AI deployment that aligns with both corporate values and regulatory standards.