As artificial intelligence continues to grow at a rapid pace, more companies are grappling with how to adapt quickly and responsibly.
Dan Priest is the new Chief AI Officer at PwC, one of the world’s largest consulting firms, where he works with companies across industries to bring this fast-growing technology into both their daily operations and future business models. I am. He said 2024 was all about proving what AI can deliver, and he expects 2025 to see a further shift to expanding AI.
Priest recently spoke to The Associated Press about his new role and what other AI business predictions his team has for the year ahead.
Q: What does the company you work for say about how they are implementing AI?
A: AI has been showing up in some form for the majority of our clients recently. In our recent survey of Fortune 1000 companies, nearly half of respondents say AI is fully integrated into their workflows, and about one-third say their products and services include AI. I answered that it is.
And AI isn’t just a technical endeavor; it’s also an alignment of business strategy. The vast majority of CEOs recognize that AI will have some impact on their business models, with approximately 73% of CEOs spoken to in the Forecast report believing that AI will cause changes in their business models. He says he believes it. In particular, we are increasingly seeing generative AI both in the consumer presence and in overall product development.
Read the full Q&A, edited for length and clarity.
