STATE OF THE SMART
JOHAN STEYN: CFOs play a crucial role in steering AI strategy beyond the balance sheet
Artificial intelligence is an investment positioned in the realm of financial decision-making
21 February 2024 - 05:00
In my consulting career, I have seen many artificial intelligence (AI) initiatives fail as they are normally driven solely by the technology department with little regard for the business cases they need to address and even less regard for the long-term financial impact on the business.
AI has emerged not merely as a technological marvel but as a cornerstone of strategic business transformation. This shift has fundamentally altered the conventional view of technology investments, positioning them squarely within the realm of financial decision-making rather than being confined to the IT department. ..
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