AI can be a key factor for Latin American companies that want to compete against their counterparts from developed countries. Artificial intelligence, AI, is without a doubt one of the top elements in corporate competitiveness. A study by Tata Consultancy Services revealed that 68 percent of companies think AI is very important to keep their businesses competitive in 2020. The study asked 385 high-level executives from 13 global industry sectors. Companies from the U.S. and Europe lead investment in AI. In 2016, 7 percent of companies each spent $250 million, and 1 percent of those companies plant to spend $1 billion on AI by 2020. AI is not confined to the information technology department. Thirty-two percent of those surveyed said […]
Artificial intelligence for real competitiveness
Related
Articles & Interviews
Removing Roadblocks to Carbon Market Expansion: Insights from Bank of America’s Managing Director, Karen Fang
Carbon markets stand out as potentially one of the...
Articles & Interviews
A deliberate and inclusive path to influence: The 10th anniversary of the Adrienne Arsht Latin America Center at the Atlantic Council
Over the past ten years, one of the defining...
Articles & Interviews
The secret of success of the Adrienne Arsht Latin American Center at the Atlantic Council: How to build relevance by fostering socioeconomic prosperity
The mission of the Adrienne Arsht Latin American Center...