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Why Businesses Keep Failing to Make the Most of AI

According to a PricewaterhouseCoopers study, 20 percent of executives plan to incorporate AI across their enterprises in 2019. Over the past year, countless organizations and Fortune 500 companies have boasted about their AI strategies. When it came time to put those strategies into practice, however, they realized that what they called a “strategy” was little more than tools without guidance.

Businesses today have the resources, knowledge and incentive to create effective strategies behind their AI implementations. Despite these capabilities, few companies take the time to do so. They acquire the physical tools to practice AI, but they often fail to put the same effort into learning why it’s valuable and what challenges AI poses.

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