In this moment, excerpted from the session “Building AI Literacy,” Prashant Bhoyar, AI Architect – Office of CTO, AIS, compares the increasing rate of AI innovation, which has been rapidly on the rise, with the slower rate of AI adoption across organizations.
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Key Takeaways
- AI investments: One reason that AI has become so popular is because of all the investment being poured into it. Over the next couple years, Bhoyar highlights, AI investment is predicted to triple. Organizations will have to differentiate financial investments in the technology and take advantage of the AI tools to solve real problems for end users.
- Innovation vs. adoption: Over the past few years, innovation has been rapid. Major tech providers have been full steam ahead with innovation. However, the rate of adoption is much slower. There is a huge gap. Unless you have a good understanding of this, then it will be hard to adopt and apply AI to overcome business challenges.
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