“Why Fear of Disruption Is Driving Investment in AI” – MIT Sloan Management Review

Jan 27, 2019

by Randy Bean – As we begin 2019, Fortune 1000 companies are accelerating their investment in big data and artificial intelligence (AI) initiatives, with an astonishing 91.6% of the executives indicating that their companies are accelerating the pace of their big data and AI investments. This is a principal finding of the NewVantage Partners 2019 Big Data and AI Executive Survey, which includes 65 Fortune 1000 or industry-leading organizations. C-level executives comprise 97.5% of survey participants, representing companies including American Express, Capital One, Ford Motor Co., General Motors, Johnson & Johnson, Mastercard, and MetLife. When we look at the main drivers for this focus on AI and big data investment, one clearly leads the pack: the fear of disruption.

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