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4 Key Insights on AI’s Role in Business Competition

Discover key insights on the current state of AI in businesses, including competitive edge perspectives and legal challenges, as discussed by experts in the latest study exploration.
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A new podcast episode of Prof. Dr. Ayelt Komus was published on Jun 09, 2024:

Overview:

Recent insights reveal how nearly 200 corporate representatives perceive the state of Artificial Intelligence (AI) in businesses. Key findings highlight the early adoption of AI technologies and the anticipated impact on future competitiveness.

Core content:

  • Over 80% of companies using AI have adopted it within the last two years.
  • Almost 90% believe AI will be vital for industry competitiveness in the next decade.
  • Approximately 80% view AI as a supportive tool rather than a replacement.
  • Legal uncertainty is identified as the greatest challenge in AI utilization.

Learnings:

  • Understanding the evolving role of AI can help businesses better prepare for future developments.
  • Recognizing that most AI applications are relatively new provides context for their implementation challenges.
  • Insights into community perspectives on AI may enhance strategic planning for competitive advantage.
  • Identifying legal considerations can guide better AI governance and compliance efforts.

The original content was published in German.

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