Do you have an AI strategy yet? Have you hired a Chief AI Officer? Time is running short, because, as a Wall Street Journal headline tells us this morning, Artificial Intelligence Will Change Everything.
I have no doubt that’s true. But for the moment, we still have a shortage of people who can tell you exactly how it’s going to change everything, or what you need to do to prepare for the change. A recent Bloomberg analysis found mentions of Artificial Intelligence in corporate earnings call transcripts have taken a hockey-stick-like turn upward in the last two years. Yet actual revenue resulting from AI-based business models, I suspect, remains scant. We are climbing the steep side of the Hype Cycle, without a clear sense of what lies on the other side.
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