Viewpoint

Beyond the Hype: AI’s Shift from Novelty to Necessity

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AI has long been rooted in research labs and academia, with early, tentative applications in the business world. Over the past decade, however, businesses have steadily integrated AI into core strategies and functions, marking its shift from novelty to necessity.

In this report, we explore the evolution of AI, highlighting the key milestones in its transformative journey. As organizations seek to uncover new use cases for generative AI, this report provides insights into industries spearheading its adoption and highlights innovative use cases that are being explored.

It also examines change management strategies’ role in ensuring smooth AI adoption and outlines how enterprises are now approaching AI at scale, carefully balancing risks and rewards. With AI advances setting the stage for the agentic era, the report assesses the potential impact on business strategy and functions, offering key steps to ensure a smooth transition.

As AI continues to evolve, so do its associated risks. The report, thus, underscores the importance of robust governance frameworks to ensure secure, ethical, and compliant AI deployments.