Today many businesses are trying to transform to adapt to the new realities of the world. Future business models are often dependent on available technology. For example, the Uber business model is made possible because of smartphones. Technology will be a major component of those future state of any business. One of the main technologies is artificial intelligence (AI) and businesses that master AI will establish themselves in a leading and competitive position. Many studies have indicated that the faster the business integrates AI, the faster it will move forward. This means that if you are late to the game, it is almost impossible to catch up. So the question to ask is how do you establish that lead? Having gone through large scale multi-billion dollar transformations myself, and also being deeply familiar with AI, I offer some secrets on successful AI-based transformations.
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