There is a growing gap between AI early adopter companies and everyone else, according to new research from the AICPA and CIMA.
Some three-quarters of these early adopters say AI is already providing a strategic advantage. Boardroom attention to AI is also higher, with 65% of these early adopters reporting that AI risk is a focus for executive leadership.
The survey found that despite rising enthusiasm around AI, most organisations remain ‘operationally unprepared’. An inadequate talent pool, IT system unreadiness, and regulatory worries are all hindering AI adoption.
It seems smaller organisations are the least equipped for the new AI-world, with just one in five saying they have the required talent or systems in place.
Tom Hood, Executive Vice President of Business Growth & Engagement at AICPA and CIMA, said: “The data shows a widening gap and early adopters are gaining competitive advantage while also taking AI risks more seriously. Leaders who invest in readiness today will shape the opportunity curve tomorrow.”
You can read the joint research study conducted by the ERM Initiative at North Carolina State University and AICPA and CIMA here: Executive Perceptions of Artificial Intelligence (AI) Opportunities and Risks: A Global Analysis
