Barron’s (March 31)
“AI has yet to cure cancer or drive a car cross-country. But it has upended corporate strategy and spending plans, and opened the door to an age of rapid problem solving, enhanced productivity, and machine-driven creativity.” Still, it’s unclear where AI’s potential leads. “The AI hype cycle has entered a new phase, with investors looking for a payoff. As some of the early enthusiasm fades, tech stocks have entered a correction.”
Tags: AI, Cancer, Car, Corporate strategy, Correction, Creativity, Cure, Enhanced productivity, Enthusiasm, Hype, Investors, Payoff, Potential, Problem solving, Spending plans, Tech stocks, Unclear, Upended
The Economist (November 12)
A recent survey of top leaders at 300 major global companies showed that 83% want “a legally binding multilateral deal…to update the ailing Kyoto protocol and help to put a price on carbon emissions.” However, less than 20% think that world leaders will accomplish this when they meet in Durban. Companies aren’t, however, waiting for the politicians. Since 2008, 88% have either increased or maintained corporate spending on sustainability, which is increasingly viewed as a core strategy to increase competitiveness by decreasing costs, combating resource scarcity and countering the impact of global warming.
Tags: Corporate strategy, Costs, Durban, Emissions, Scarcity, Sustainability
