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Tuesday, May 7, 2024

Businesses warned of risks of not adopting AI, says Stanford professor

Photo courtesy of Bangkok Post

Stanford University Graduate School of Business Professor Amir Goldberg has stressed the urgency for businesses to actively engage with artificial intelligence (AI), according to a conversation with a former corporate executive. Highlighting the vital role AI plays in today’s competitive market, Professor Goldberg warned businesses of the risks of not adopting AI, likening it to a fast-moving train that cannot be ignored.

The former corporate executive, with over 15 years of business experience across various sectors, further elaborated on this point. AI, they argued, is not a prospect but an immediate opportunity for innovation and growth. A lack of understanding or reluctance to embrace AI, they warned, could leave companies trailing behind their competitors.

This viewpoint challenges the perception among many business leaders who consider AI a…

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