Executives and employees believe artificial intelligence is good for business, but employees say some companies are not clear about how they intend to use AI.
Two-thirds of finance professionals said AI will have a significant impact on their profession in the next five years, according to a recent survey by Thomson Reuters.
A recent global survey from McKinsey found that leaders are looking to increase AI-related investments, but less than half have planned for the organisational risks involved.
New research predicts that AI integration will pose further risks over the coming months as accelerated digitisation continues to outpace regulatory guardrails.
The company’s innovation lab project is helping link internet services in 13 countries after an earlier stratospheric balloon effort failed due to cost.
Growth requires both new technologies and a digitally skilled workforce, says Andrew Harding, FCMA, CGMA, chief executive–Management Accounting at AICPA & CIMA, together as the Association of International Certified Professional Accountants.
Achieving maximum value from predictive analytics requires a robust strategy and a model with a human-centric design that is also appropriate to the business.
Finance professionals who can wholly embrace digitalisation will bring new insights, drive business performance, and better adapt in a future of constant change.
A World Economic Forum report predicts an overall decline in jobs; it also shows that artificial intelligence will create more jobs than it eliminates by 2027.
