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Organizations unprepared for the AI onslaught must do these 4 things

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Only 13% of executives surveyed - fewer than last year - feel ready to capture AI's potential. They lack skilled staff, higher-capacity infrastructures, and AI-ready data.
The article from ZDNet discusses the unpreparedness of organizations for the rapid advancement of AI technologies. It highlights that despite the growing integration of AI in various sectors, many companies are not adequately equipped to handle the implications and opportunities AI presents. The article suggests four critical steps organizations should take: 1) Develop an AI Strategy - Companies need to outline how AI can align with their business goals, focusing on both immediate and long-term benefits. 2) Invest in AI Literacy - There's a need for education and training across all levels of the organization to understand AI's capabilities and limitations. 3) Address Ethical and Regulatory Concerns - Organizations must consider the ethical implications of AI, including privacy, bias, and transparency, and prepare for evolving regulations. 4) Foster an AI-Ready Culture - Encouraging a culture that embraces change, innovation, and continuous learning to adapt to AI-driven transformations. The piece emphasizes that without these steps, organizations risk falling behind in an increasingly AI-driven market.

Read the Full ZDNet Article at [ https://www.zdnet.com/article/organizations-unprepared-for-the-ai-onslaught-must-do-these-4-things/ ]