Standing at the AI Crossroads: Why Waiting Could Be Dangerous

I’ve spent over 15 years in senior leadership roles, and in 2022, I began a deep dive into the world of generative AI—studying tools, techniques, and strategies for hours a day. The more I learned, the more it became clear: AI isn’t just a luxury; it’s rapidly becoming a competitive necessity.

The Financial Times puts it bluntly in an article titled “AI for all: how businesses are getting a boost fromtransformative tech,” stating that firms that fail to adopt AI risk “irrelevance in a data-driven economy.”

Adding to that, Bernard Marr notes in Forbes, “AI For A Competitive Advantage,” emphasizing that AI-driven organizations are more agile, more efficient, and better able to deliver personalized experiences to customers.

Meanwhile, Business Insider observes that “Companies that ‘wait and see’ will be left behind as enterprises see earlyresults due to AI,” highlighting the risk of falling behind for those hesitant to embrace AI transformations.

Even so, Harvard Business Review emphasizes, “Building the AI-Powered Organization,” suggesting you don’t need to know everything from day one; you just need to begin.

A pilot project in automated workflows or predictive analytics can provide the traction you need to build confidence and drive growth.

If you’re feeling uncertainty or fear, consider it a sign your business is on the cusp of transformation. Explore in-person classes, reputable university programs, and expert-led online resources that can guide you through AI adoption. Because in today’s hyper-competitive environment, the biggest risk isn’t making a few missteps—it’s never starting at all.  

M. Hamilton 12/2024

Sources
  • Murgia, M. (2023). AI for all: how businesses are getting a boost from transformative tech. Financial Times. https://www.ft.com/partnercontent/lenovo/ai-for-all-how-businesses-are-getting-a-boost-from-transformative-tech.html
  • Marr, B. (2020). AI For A Competitive Advantage. Forbes. https://www.forbes.com/councils/forbesbusinessdevelopmentcouncil/2020/02/05/ai-for-a-competitive-advantage/
  • Business Insider. (2023). Companies that ‘wait and see’ will be left behind as enterprises see early results due to AI, finds Bain & Company. https://markets.businessinsider.com/news/stocks/companies-that-wait-and-see-will-be-left-behind-as-enterprises-see-early-results-due-to-ai-finds-bain-company-1032635384
  • Fountaine, T., McCarthy, B., & Saleh, T. (2019). Building the AI-Powered Organization. Harvard Business Review. https://hbr.org/2019/07/building-the-ai-powered-organization