Business Insider
US · 4 hrs ago
✦ 75◉ Centre
EY's AI leader says companies are too focused on AI cost-cutting
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EY's AI leader Dan Diasio argues that companies are prioritizing cost-cutting and efficiency with AI when they should focus on growth opportunities, warning that cost-focused approaches limit creativity and innovation.
EY's AI leader says companies are too focused on AI cost-cutting
EY's Dan Diasio said companies should focus on AI for growth, not just cost-cutting and efficiency.
Wasan Tita/Getty Images
EY's global consulting AI leader said cost-cutting represents the smallest ROI for companies.
Dan Diasio said companies should focus on AI for growth, not just efficiency.
He said by focusing on cost-cutting, leaders are creating fear, which can block creativity.
Wall Street tends to reward CEOs who slash jobs in the name of efficiency.
However, those companies are leanin
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