Introduction
Priya Lakhani took center stage with Amy Ball in a packed room of over 400 executives at Ireland’s first-ever PwC Leadership Exchange in the Dublin Royal Convention Centre. Lakhani, an award-winning entrepreneur, founded and leads Century Tech, which specializes in AI-powered learning tools for schools, colleges, universities, and employers.
Every Company is an AI Company
Until recently, Lakhani used to say that every company is a technology company. “Now I’m saying every company is an AI company,” she remarked. This shift underscores the growing importance of AI in the business landscape.
Creating a Culture of Innovation
Amy Ball, business transformation leader at PwC Ireland, engaged Lakhani in a discussion on how business leaders can foster a culture of innovation. Lakhani emphasized the need for companies to embrace AI and ESG (Environmental, Social, and Governance) challenges to drive positive change.
Questions and Answers
Q: How can businesses start integrating AI?
A: Businesses should begin by identifying areas where AI can add value, such as improving efficiency or enhancing customer experiences.
Q: What are some common challenges?
A: Common challenges include data privacy concerns, the need for upskilling employees, and ensuring ethical use of AI.
Conclusion
Embracing AI and ESG challenges is crucial for businesses looking to innovate and drive positive change. As Lakhani highlighted, it’s never too late to leverage technology for the betterment of society.
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