While companies have long struggled to wring value out of their data initiatives, something big has changed in the last two years: Generative AI has spurred greater interest and investment in data quality and broader data capabilities. To succeed with AI, companies are doubling down on finally getting data right. According to an invite-only industry benchmark survey of Fortune 1000 and global business leaders: 1) Corporate investments in AI and data are growing. 2) Organizations are reporting business value from their AI investments. 3) Transformation due to AI will be gradual for most organizations. 4) Organizations are focusing on responsible AI, safeguards, and guardrails. 5) Organizations are hiring chief AI officers as AI and data leadership roles evolve. 6) AI and data leaders are joining the C-suite to drive business goals.
6 Ways AI Changed Business in 2024, According to Executives
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