CEOs need to be on ‘high alert’ for AI impact on their businesses, says Bain’s global chief

CEOs need to be on ‘high alert’ for AI impact on their businesses, says Bain’s global chief


Consulting on AI and technology now accounts for around 35% of Bain’s practice, and “is growing fast to 50 % of our business”, he adds

[SINGAPORE] Only 10 to 15 per cent of the world’s companies are on “high alert” for the impact of artificial intelligence (AI) on their businesses, says Bain & Company worldwide managing partner and chief executive Christophe De Vusser.

Those are companies, he said, that “really understand how AI is going to impact them and are using it as a No 1 priority to drive business transformation”. He believes AI is a “once-in-a-generation” innovation and technology wave.

“People now understand that AI is real. Chief executives need to understand top-down where the opportunities are,” he said.

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