A third of CEOs surveyed reported being uncertain where exactly they should invest their digitalization budget in order to best create additional value. That is according to a report from AND Digital. The survey, which questioned 600 executives in the UK, the US, and the Netherlands, additionally found that despite the uncertainty, 55% of business leaders believed that investing in new technologies was a good idea even without clear returns in mind. CEOs are generally not very confident about the rapidly changing landscape of technology and digitalization. A third of CEOs surveyed said they lacked the proper digital knowledge to lead their organizations to further growth. Source: AND Digital When it comes to AI, 44% of CEOs surveyed said their teams are not ready to adopt the technology. A significant number of business leaders (from 25% up to 50%) expressed a readiness to replace parts of their workforce with AI tools if could save them on labor costs. But implementing AI solutions is not without risks – as everyone knows by now – considering the problems of bias, inaccuracy, and privacy that are inherent to AI. The survey showed that 68% of business leaders are concerned about the ethical […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
