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KPMG is betting big on AI — another sign the technology's use is spreading fast. They plan to jointly develop generative AI tools for areas like the supply chain and cybersecurity. Through their tie-up, the companies plan to jointly develop generative AI tools for KPMG's employees and clients, he said. On the cybersecurity defense front, generative AI can help interpret a range of data to provide quicker information about potential threats and how to respond to them. "But generative AI provides a huge head start."
Persons: Carl Carande, Microsoft didn't, Carande, We're Organizations: KPMG, Microsoft, Morning, Reuters
One challenge CEOs see is that emerging and disruptive technology is both an opportunity and a threat. CEOs said their organizations need to be quicker to shift investments to digital opportunities and divest in those areas where their organizations face digital obsolescence. Addressing employee burnoutAnother issue CEOs said their organizations need to address is pandemic-related employee burnout from accelerated digital transformation over the past two years. "I think that there is some truth to the state of fatigue brought on by the need to quickly adopt remote work-related technology," Clark said. Rather than focus on the "right technology," organizations should aim to deploy the right mix of technology, Carande said.
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