Higher education and the AI revolution in business
A core element of success is that theory and practice mutually inform each other
ARTIFICIAL intelligence (AI) has long been a part of everyday life. It is ingrained in how we find information on the Internet, use our mobile phones, or discover music and movies that fit our taste.
And yet, we have barely begun to tap into AI’s greatest potential for value creation: Companies and their employees can make tremendous leaps ahead in terms of competitiveness and productivity by infusing AI in business processes – in the thousands of decisions and transactions that create value every day.
Beyond boosting the performance of individual companies, embedding AI in business processes at scale can boost the performance of entire economies. The potential from AI implementation is particularly great in a country like Singapore, given its position as a hub of global commerce and openness to digitalisation.
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