Accenture's head of artificial intelligence shares the 4-step plan every company should consider before investing in AI

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Athina Kanioura says firms shouldn't pursue a tech upgrade as a solution for every problem. Instead, she urges them to think about an 'AI narrative.'

Weigh the tech investments you've made so far and what return you are hoping to get by implementing applications that rely on AI.

One limitation she urges firms to consider is the large upfront cost, particularly since profits will likely not come until after the first year, given most of that time is used to recoup the initial investment. Kanioura also advises companies to decide whether being an early adopter of the technology is critical.

. Human agents can be looped in to the conversation when necessary, allowing employees to focus on more complex tasks. The hope is that the use of the technology will reduce response times and ultimately cut costs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

As a member of your AI Team, it is great seeing tweets like this.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines