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Develop AI Strategy in Your Business

No matter what you do, make sure you have an AI strategy in your business. Sure, you may not be ready but have a long-run play. This is going to change the world in many ways.

There is now a general agreement that AI will transform business in dramatic ways over the next few decades, and that every big company needs an “AI Strategy.” Paul Daugherty of Accenture called it “the fastest growing trend we’ve ever seen in our business.”

Powering this trend is an explosion in data — which is to this new industrial revolution what steam, electricity, and computers were to previous ones. But many companies haven’t yet gotten their data into a shape that can be fed into machine learning algorithms. Another problem they face is finding enough data scientists to do the job. (Fortune Newsletter)