Should UK companies invest in AI?

Credit: Shutterstock.com/ Panchenko Vladimir

It isn’t hard to see that artificial intelligence (AI) technology is becoming more and more prevalent in our everyday lives, even though industry experts assure us that what we are seeing so far barely scrapes the surface of the possibilities.

There’s no shortage of advice about how and when different businesses should be using and investing in AI. With a new report from McKinsey Global Institute claiming that UK businesses could risk losing 20% of their cash flow if they don’t invest in AI, it’s becoming harder and harder to ignore its influence.

But does that mean that all businesses should begin throwing money into the new technology at the drop of a hat?

Even the experts have to admit that the world of AI is complex, high-risk and for the large part unexplored.

To help weigh up your approach to AI, read the full article over at NNBC Financial.