Crossing the AI Chasm
In the last article, we talked about the two main approaches to AI: AI for Excellence. ?This blog shares a real-world experience of what happened when AI adoption was part of the messaging but not actually integrated into the business processes.
Picture this: An established educational institution rooted in tradition suddenly begins advertising itself as an AI-driven entity. The catch? They only deploy AI technologies when absolutely necessary to win a lucrative contract or bid. This tactic may yield short-term gains, but what are the long-term ramifications? According to a PwC survey, 55% of business leaders say that a lack of trust in AI systems could stall adoption, causing market stagnation and diminishing consumer confidence.
For incumbent institutions attempting to straddle the 'AI Chasm,' authenticity and ethical transparency are non-negotiable. Claiming AI capabilities without fully integrating them can be a dangerous gambit, putting at risk not just market share but also reputational capital. As AI continues to revolutionize the Learning industry, businesses must fully commit to the technological transformation or risk becoming obsolete and left behind by genuinely AI-powered competitors.
Stay tuned for more discussions on how MTI is using AI for productivity!