artificial Intelligence is often portrayed as a panacea for modern business challenges, but experts warn that its success depends more on strategic use than on the number of tools available.
“Many companies believe that deploying a lot of advanced AI tools guarantees success, but our experience shows that this is not the case,” Ejovoke Enakileli, an AI researcher at RealSearch & Partners, said in an interview. Sunday Punch.
The key is to clearly identify the problem to be solved and then choose the right AI tool for the task.
According to various sources, including Forbes Advisor Survey, Analytics Insight, Gartner, O'Reilly, IBM, Juniper Research, and Gov.UK, over 80% of businesses have already implemented some form of artificial intelligence technology in their operations.
With hundreds of millions of AI tools on the market, the number of options can be overwhelming, but most of these tools may not be necessary for all of your business needs.
According to Enakileli, this recognition is crucial in a climate where AI is often viewed as the inevitable future of business.
Human intelligence and creativity are critical to any business initiative, AI-driven or not. AI tools, no matter how advanced, are still products of human ingenuity and require strategic application to be truly effective.
Researchers say the power of AI is best harnessed through strategic thinking and careful selection aligned to specific business problems.
The path to success is to leverage AI as a complement to human expertise, rather than relying solely on the technology itself.
“The appeal of AI is undeniable. Artificial intelligence technology can increase productivity by up to 1.5 times across industries. However, much of this projected growth will depend on how strategically AI is used.”
