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What does Artificial Intelligence (AI) mean?

AI a compilation term for computer systems that can sense their surroundings, think, learn and take action in response to what they know and what goals they have.

AI - your organization is fundamentally affected

AI is not the future. AI is here and now. Already today we see how AI basically transforms entire industrial sectors. Business strategies and business models must be adapted to the opportunities and risks that AI can entail. Company management must prioritize strategy work and start with the questions: What direction should our investments have and with what type of capacity can we achieve better results?
As people and machines work closer together, and AI innovations become more and more mainstream, it creates huge opportunities in transformation.

The AI ​​paradigm shift has begun

What impact does AI have on my organization and how does our business model change?  When executives look for opportunities in AI, they probably also ask: What focus should our investments have, and what kind of capacity would enable us to achieve better results?

Great potential values

AI already touches almost every aspect of our lives and jobs: from the personal assistant in our mobile phones to our home appliances, from new banking processes to cyber protection. And that's only the beginning. AI's impact on corporate finances is driven by:
  1. Productivity gains from businesses that automate their processes (for example, the use of robots and driverless vehicles).
  2. Productivity gains from businesses that strengthen their existing workforce with AI (assisted and enhanced intelligence) technologies.
  3. Increased demand from consumers as a result of the availability of tailor-made and / or AI-enhanced products and services of higher quality.

This is how AI is changing the world

AI will embrace the productivity of the world economy. The question is just how much and fast. However, one thing is certain: companies and organizations all over the world must now invest in strategic investments in different types of AI in order to remain relevant in the market.
PwC's report "Sizing the price" shows that 45 per cent of total economic profits before 2030 come from product improvements that stimulate consumer demand. AI will drive a larger product range with increased customization, attractiveness and price pressure over time.
The largest economic gains from AI will be made in China (26 percent GDP increase by 2030) and North America (14.5 percent GDP increase), representing a total of $ 10.7 trillion and nearly 70 percent of the global economic total.

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