Firms must turn to AI or go bust as advancement soars, ARK Invest says

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Firms must turn to AI or go bust as advancement soars, ARK Invest says
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Companies must use artificial intelligence to compete or go bankrupt as the pace of advancement soars, Ark Invest futurist says

Artificial intelligence may be the catalyst for a rapid make-or-break era in the corporate world. that companies that do not start integrating the new technology soon may fall behind and even risk bankruptcy when competing with those that do.

"The fact that corporate budgets are probably under stress right now allows them to evaluate: 'Hey, how can we do more with the same number of employees? How can we better service our customers or better execute on sales without adding to our cost-line?'" he said."AI provides that solution."

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