AI is increasingly becoming a business imperative. Nine in 10 Fortune 1000 companies are not only investing in AI, but are increasing those investments, with 92% reporting measurable business benefits from their current AI use — up from 72% in 2020 and just 28% in 2018, according to a 2022 NewVantage Partners executive survey.
Before you put your hard-earned cash into an investment vehicle, you’ll need a basic understanding of how to invest your money intelligently like in IRA gold. If you want to learn more about IRA investments, this review shares more knowledge on where to put your money or precious metals. However, there’s no one-size-fits-all answer here. The best way to invest your money is whichever way works best for you. To figure that out, you’ll want to consider your investing style, your budget, and your risk tolerance. The investing world has two major camps when it comes to the ways to invest money: active investing and passive investing. We believe both styles have merit, as long as you focus on the long term and aren’t just looking for short-term gains. But your lifestyle, budget, risk tolerance, and interests might give you a preference for one type.
Still, only 26% of companies say their AI initiatives have actually moved into widespread production. The biggest obstacle? Cultural barriers, with executives 11 times more likely to say culture is the greatest impediment to AI success than to cite technology limitations as the biggest barrier.
And the cultural challenges have actually gotten worse, with 92% of executives citing cultural factors this year vs. 81% in 2018.
The upshot? Companies are finding that the key to successfully operationalizing AI comes down to people, and putting them at the center of their initiatives.
