Firms Can’t Be Competitive Without Strong AI, But Even Apple Struggles to Recruit AI Talent

If your firm wants to be dominant, it should follow the lead of the world’s most successful firms. So corporate leaders should take note that each of the CEO’s of the five most valuable firms (Apple, Google, Microsoft, Facebook and Amazon) have all publicly declared that artificial intelligence will be the foundation of their future business success and for all other firms that expect to even remain competitive in their industry. It’s not much of a stretch to assert that every medium size or larger firm will also have to develop advanced capabilities in artificial intelligence and its advanced cousin machine learning. In fact, Amazon’s Jeff Bezos recently stated that “There’s no institution in the world that cannot be improved with Machine Learning.”