SlideShare a Scribd company logo
1 of 13
The 4 Biggest Barriers To
AI Adoption Every Business
Needs To Tackle
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Title
Text
IntroductionIntroduction
Research shows that AI adoption across industry is speeding up – with one report finding
that, of over 2,000 organizations surveyed, 47% had implemented it in at least one function,
compared to 20% during the previous year.
On top of that, 71% of respondents expected AI investment to increase over the coming
year. However, the fact remains that there are still significant challenges to companies
wishing to adopt smart, cognitive computing processes into their operations. This is borne
out by the fact that in the McKinsey survey, just 21% of respondents claimed they had rolled
out AI in more than one process.
The 4 Biggest Barriers To AI Adoption Every
Business Needs To Tackle
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Title
Text
IntroductionIntroduction
My work brings me into contact with organizations at every stage of their digital
transformation and AI adoption process. This gives me insights not only into what is
working but why barriers or challenges are discouraging adoption. Here's a rundown of
some of the most frequently encountered blockers – as well as ideas being put in place to
overcome them.
The 4 Biggest Barriers To AI Adoption Every
Business Needs To Tackle
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Cultural Barriers
Put simply; this is all about resistance to change. Human beings, it is often noted, tend to
be creatures of habit; once we find a method of carrying out a task that seems to get the
job done effectively and efficiently, we like to stick with it. It often takes some persuasion
before we will see that the disruption and expense that will inevitably be caused by
altering procedures or adopting new processes will be worth the overall gains they will
bring.
This could be as simple as a disinclination towards what can be seen as “handing over
control” – whether that’s directly to machines, or to the human employees who administer
the technological infrastructure that makes AI possible.
Often this translates into simply not seeing the need for AI, and an incomplete
understanding of the advantages it can offer. And in my experience education is usually
the most effective means of overcoming this particular barrier. I spend a lot of my time
working with boards and senior leaders to instill an awareness of how the core AI
technologies – from natural language processing to computer vision and predictive
maintenance – can create efficiencies and reduce costs. Once awareness levels are raised,
people are likely to become receptive and engaged with the potential for positive change
AI offer.
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Fear
Another completely natural and understandable human response. Fear of the unknown, as
horror writer HP Lovecraft liked to point out, is the “oldest and strongest emotion of
mankind.”
And as visionaries including Elon Musk and Stephen Hawkin have pointed out in more
recent years, there is a huge amount that is still unknown when it comes to the part AI will
have to play in our future.
In an immediate sense, this fear could revolve around a growth in distance between the
human workforce and the job they are paid to carry out – decisions made by computer
algorithm can be difficult to predict and understand.
This leads to a fear that humans are losing control and may possibly no longer be
regarded as the “experts” in their field of work.
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Fear
The middle-term fear is of increasing human redundancy – if machines can carry out the
work more efficiently and effectively, where’s the need for humans?
Futurologists have predicted that this could go two ways – either leading to a utopian
existence where robots fill all our basic needs and humans are free to pursue leisure,
intellectual and artistic endeavours, or towards mass unemployment and social unrest.
I believe that instead there is an attractive middle ground (as there is so often), where the
solution is to roll out intelligent tech to augment our work and make it better for humans,
rather than replace them.
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Shortage of Talent
This is a real and pressing problem for most businesses wanting to adopt AI as well as
move to other data-driven models of digital transformation. Experts predict that when it
comes to capitalizing on the enormous potential for growth offered by AI, a bottleneck
exists due to the shortage of data and technology professionals with the experience and
training needed to implement the required infrastructure and organizational change.
Although AI research has been ongoing for decades, it's only relatively recently that these
skills have been in demand by industry. And the massive growth in demand means that
those with the abilities are able to ask for very high salaries and prestigious positions
within the organizations that employ them. On top of this, those companies that already
understand and heavily invest in AI – the Googles, Facebooks, and Baidu's of the world –
are often seen as offering the prime opportunities by those who do have the skillset,
meaning other businesses face an uphill battle competing to attract talent.
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Shortage of Talent
However, this is likely to be a challenge that will be overcome, eventually, by the old-
school economic principles of supply and demand. With data scientist increasingly cited as
one of the most exciting (and lucrative) career options in coming years, the pool of talent
is sure to grow. Other solutions proving successful include upskilling existing workforces.
With the number of AI solutions available "as-a-service" also growing, there will be less
need for a workforce that is fully trained in traditional data science, in order to deploy and
operate AI solutions to many business problems.
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Lack Of A Strategic Approach To
AI Adoption
In some ways, this is an amalgamation of several other barriers – lack of talent, lack of
management buy-in, and a culture insufficiently immersed in the advantages and
practicalities of AI and digital transformation.
The result is often AI initiatives that aren’t planned at a strategic level, fail to address
strategic business objectives and don’t fit within an organization’s overall plans for growth
and business development.
Often the cause here is that, while businesses are broadly aware of the importance of
adopting AI technology, and the advantages it can offer, they fail to approach it from a
strategic standpoint; this means fully understanding the aims and objectives of all aspects
of AI operations, from data gathering to how the insights uncovered are communicated
across the workforce and put to work.
The answer to this one is pretty straightforward – organizations must always ensure that a
clear strategy is in place before time and money are spent on rolling out expensive and
resource-intensive AI initiatives and pilots with no clear understanding of the benefits they
can bring.
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Lack Of A Strategic Approach To
AI Adoption
This is another area where I spend a lot of my time, helping companies ensure their AI
initiatives are clearly linked to business performance objectives, prioritized by their
strategic goals, and where every stakeholder has a clear understanding of what the
success – or failure – of an initiative will look like.
© 2017 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website
© 2017 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website
Title
Subtitle
Be the FIRST to receive news,
articles, insights and event
updates from Bernard Marr & Co
straight to your inbox.
Signing up is EASY! Simply fill out
the online form and we’ll be in
touch!
© 2018 Bernard Marr, Bernard Marr & Co. All rights reserved
BernardMarr
hello@bernardmarr.com
www.bernardmarr.com

More Related Content

More from Bernard Marr

More from Bernard Marr (20)

The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023
 
The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023
 
How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023
 
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence? Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
 
The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023
 
The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023
 
12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work 12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work
 
The Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your CareerThe Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your Career
 
How AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of HealthcareHow AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of Healthcare
 
Top 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of WorkTop 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of Work
 
Artificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of MarketingArtificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of Marketing
 
Is AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say NoIs AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say No
 
Will Smart Glasses Replace Smartphones In The Metaverse?
Will Smart Glasses Replace Smartphones In The Metaverse?Will Smart Glasses Replace Smartphones In The Metaverse?
Will Smart Glasses Replace Smartphones In The Metaverse?
 
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
 
Is This Web3 Winery The Future Of Wine In The Metaverse?
Is This Web3 Winery The Future Of Wine In The Metaverse?Is This Web3 Winery The Future Of Wine In The Metaverse?
Is This Web3 Winery The Future Of Wine In The Metaverse?
 
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 YearsThe Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
 
What Are The 10 Best AI Consulting Firms
What Are The 10 Best AI Consulting FirmsWhat Are The 10 Best AI Consulting Firms
What Are The 10 Best AI Consulting Firms
 
How To Amplify Customer Relations In The Metaverse
How To Amplify Customer Relations In The MetaverseHow To Amplify Customer Relations In The Metaverse
How To Amplify Customer Relations In The Metaverse
 
The Best Examples Of Human And Robot Collaboration
The Best Examples Of Human And Robot CollaborationThe Best Examples Of Human And Robot Collaboration
The Best Examples Of Human And Robot Collaboration
 
12 Simple Ways To Boost Your Creativity
12 Simple Ways To Boost Your Creativity12 Simple Ways To Boost Your Creativity
12 Simple Ways To Boost Your Creativity
 

Recently uploaded

Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...
Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...
Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...
amitlee9823
 
Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...
Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...
Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...
amitlee9823
 
Vip Model Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...
Vip Model  Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...Vip Model  Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...
Vip Model Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...
shivangimorya083
 
Al Barsha Escorts $#$ O565212860 $#$ Escort Service In Al Barsha
Al Barsha Escorts $#$ O565212860 $#$ Escort Service In Al BarshaAl Barsha Escorts $#$ O565212860 $#$ Escort Service In Al Barsha
Al Barsha Escorts $#$ O565212860 $#$ Escort Service In Al Barsha
AroojKhan71
 
Determinants of health, dimensions of health, positive health and spectrum of...
Determinants of health, dimensions of health, positive health and spectrum of...Determinants of health, dimensions of health, positive health and spectrum of...
Determinants of health, dimensions of health, positive health and spectrum of...
shambhavirathore45
 
CHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICECHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 

Recently uploaded (20)

BDSM⚡Call Girls in Mandawali Delhi >༒8448380779 Escort Service
BDSM⚡Call Girls in Mandawali Delhi >༒8448380779 Escort ServiceBDSM⚡Call Girls in Mandawali Delhi >༒8448380779 Escort Service
BDSM⚡Call Girls in Mandawali Delhi >༒8448380779 Escort Service
 
Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...
Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...
Call Girls Indiranagar Just Call 👗 7737669865 👗 Top Class Call Girl Service B...
 
Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...
Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...
Call Girls Hsr Layout Just Call 👗 7737669865 👗 Top Class Call Girl Service Ba...
 
Digital Advertising Lecture for Advanced Digital & Social Media Strategy at U...
Digital Advertising Lecture for Advanced Digital & Social Media Strategy at U...Digital Advertising Lecture for Advanced Digital & Social Media Strategy at U...
Digital Advertising Lecture for Advanced Digital & Social Media Strategy at U...
 
BabyOno dropshipping via API with DroFx.pptx
BabyOno dropshipping via API with DroFx.pptxBabyOno dropshipping via API with DroFx.pptx
BabyOno dropshipping via API with DroFx.pptx
 
Sampling (random) method and Non random.ppt
Sampling (random) method and Non random.pptSampling (random) method and Non random.ppt
Sampling (random) method and Non random.ppt
 
Best VIP Call Girls Noida Sector 22 Call Me: 8448380779
Best VIP Call Girls Noida Sector 22 Call Me: 8448380779Best VIP Call Girls Noida Sector 22 Call Me: 8448380779
Best VIP Call Girls Noida Sector 22 Call Me: 8448380779
 
Call me @ 9892124323 Cheap Rate Call Girls in Vashi with Real Photo 100% Secure
Call me @ 9892124323  Cheap Rate Call Girls in Vashi with Real Photo 100% SecureCall me @ 9892124323  Cheap Rate Call Girls in Vashi with Real Photo 100% Secure
Call me @ 9892124323 Cheap Rate Call Girls in Vashi with Real Photo 100% Secure
 
Vip Model Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...
Vip Model  Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...Vip Model  Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...
Vip Model Call Girls (Delhi) Karol Bagh 9711199171✔️Body to body massage wit...
 
Cheap Rate Call girls Sarita Vihar Delhi 9205541914 shot 1500 night
Cheap Rate Call girls Sarita Vihar Delhi 9205541914 shot 1500 nightCheap Rate Call girls Sarita Vihar Delhi 9205541914 shot 1500 night
Cheap Rate Call girls Sarita Vihar Delhi 9205541914 shot 1500 night
 
(NEHA) Call Girls Katra Call Now 8617697112 Katra Escorts 24x7
(NEHA) Call Girls Katra Call Now 8617697112 Katra Escorts 24x7(NEHA) Call Girls Katra Call Now 8617697112 Katra Escorts 24x7
(NEHA) Call Girls Katra Call Now 8617697112 Katra Escorts 24x7
 
Call Girls in Sarai Kale Khan Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escorts S...
Call Girls in Sarai Kale Khan Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escorts S...Call Girls in Sarai Kale Khan Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escorts S...
Call Girls in Sarai Kale Khan Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escorts S...
 
VIP Model Call Girls Hinjewadi ( Pune ) Call ON 8005736733 Starting From 5K t...
VIP Model Call Girls Hinjewadi ( Pune ) Call ON 8005736733 Starting From 5K t...VIP Model Call Girls Hinjewadi ( Pune ) Call ON 8005736733 Starting From 5K t...
VIP Model Call Girls Hinjewadi ( Pune ) Call ON 8005736733 Starting From 5K t...
 
Al Barsha Escorts $#$ O565212860 $#$ Escort Service In Al Barsha
Al Barsha Escorts $#$ O565212860 $#$ Escort Service In Al BarshaAl Barsha Escorts $#$ O565212860 $#$ Escort Service In Al Barsha
Al Barsha Escorts $#$ O565212860 $#$ Escort Service In Al Barsha
 
Week-01-2.ppt BBB human Computer interaction
Week-01-2.ppt BBB human Computer interactionWeek-01-2.ppt BBB human Computer interaction
Week-01-2.ppt BBB human Computer interaction
 
Determinants of health, dimensions of health, positive health and spectrum of...
Determinants of health, dimensions of health, positive health and spectrum of...Determinants of health, dimensions of health, positive health and spectrum of...
Determinants of health, dimensions of health, positive health and spectrum of...
 
100-Concepts-of-AI by Anupama Kate .pptx
100-Concepts-of-AI by Anupama Kate .pptx100-Concepts-of-AI by Anupama Kate .pptx
100-Concepts-of-AI by Anupama Kate .pptx
 
CHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICECHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Saket (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
 
Mature dropshipping via API with DroFx.pptx
Mature dropshipping via API with DroFx.pptxMature dropshipping via API with DroFx.pptx
Mature dropshipping via API with DroFx.pptx
 
April 2024 - Crypto Market Report's Analysis
April 2024 - Crypto Market Report's AnalysisApril 2024 - Crypto Market Report's Analysis
April 2024 - Crypto Market Report's Analysis
 

The 4 Biggest Barriers To AI Adoption Every Business Needs To Tackle

  • 1. The 4 Biggest Barriers To AI Adoption Every Business Needs To Tackle
  • 2. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Title Text IntroductionIntroduction Research shows that AI adoption across industry is speeding up – with one report finding that, of over 2,000 organizations surveyed, 47% had implemented it in at least one function, compared to 20% during the previous year. On top of that, 71% of respondents expected AI investment to increase over the coming year. However, the fact remains that there are still significant challenges to companies wishing to adopt smart, cognitive computing processes into their operations. This is borne out by the fact that in the McKinsey survey, just 21% of respondents claimed they had rolled out AI in more than one process. The 4 Biggest Barriers To AI Adoption Every Business Needs To Tackle
  • 3. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Title Text IntroductionIntroduction My work brings me into contact with organizations at every stage of their digital transformation and AI adoption process. This gives me insights not only into what is working but why barriers or challenges are discouraging adoption. Here's a rundown of some of the most frequently encountered blockers – as well as ideas being put in place to overcome them. The 4 Biggest Barriers To AI Adoption Every Business Needs To Tackle
  • 4. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Cultural Barriers Put simply; this is all about resistance to change. Human beings, it is often noted, tend to be creatures of habit; once we find a method of carrying out a task that seems to get the job done effectively and efficiently, we like to stick with it. It often takes some persuasion before we will see that the disruption and expense that will inevitably be caused by altering procedures or adopting new processes will be worth the overall gains they will bring. This could be as simple as a disinclination towards what can be seen as “handing over control” – whether that’s directly to machines, or to the human employees who administer the technological infrastructure that makes AI possible. Often this translates into simply not seeing the need for AI, and an incomplete understanding of the advantages it can offer. And in my experience education is usually the most effective means of overcoming this particular barrier. I spend a lot of my time working with boards and senior leaders to instill an awareness of how the core AI technologies – from natural language processing to computer vision and predictive maintenance – can create efficiencies and reduce costs. Once awareness levels are raised, people are likely to become receptive and engaged with the potential for positive change AI offer.
  • 5. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Fear Another completely natural and understandable human response. Fear of the unknown, as horror writer HP Lovecraft liked to point out, is the “oldest and strongest emotion of mankind.” And as visionaries including Elon Musk and Stephen Hawkin have pointed out in more recent years, there is a huge amount that is still unknown when it comes to the part AI will have to play in our future. In an immediate sense, this fear could revolve around a growth in distance between the human workforce and the job they are paid to carry out – decisions made by computer algorithm can be difficult to predict and understand. This leads to a fear that humans are losing control and may possibly no longer be regarded as the “experts” in their field of work.
  • 6. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Fear The middle-term fear is of increasing human redundancy – if machines can carry out the work more efficiently and effectively, where’s the need for humans? Futurologists have predicted that this could go two ways – either leading to a utopian existence where robots fill all our basic needs and humans are free to pursue leisure, intellectual and artistic endeavours, or towards mass unemployment and social unrest. I believe that instead there is an attractive middle ground (as there is so often), where the solution is to roll out intelligent tech to augment our work and make it better for humans, rather than replace them.
  • 7. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Shortage of Talent This is a real and pressing problem for most businesses wanting to adopt AI as well as move to other data-driven models of digital transformation. Experts predict that when it comes to capitalizing on the enormous potential for growth offered by AI, a bottleneck exists due to the shortage of data and technology professionals with the experience and training needed to implement the required infrastructure and organizational change. Although AI research has been ongoing for decades, it's only relatively recently that these skills have been in demand by industry. And the massive growth in demand means that those with the abilities are able to ask for very high salaries and prestigious positions within the organizations that employ them. On top of this, those companies that already understand and heavily invest in AI – the Googles, Facebooks, and Baidu's of the world – are often seen as offering the prime opportunities by those who do have the skillset, meaning other businesses face an uphill battle competing to attract talent.
  • 8. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Shortage of Talent However, this is likely to be a challenge that will be overcome, eventually, by the old- school economic principles of supply and demand. With data scientist increasingly cited as one of the most exciting (and lucrative) career options in coming years, the pool of talent is sure to grow. Other solutions proving successful include upskilling existing workforces. With the number of AI solutions available "as-a-service" also growing, there will be less need for a workforce that is fully trained in traditional data science, in order to deploy and operate AI solutions to many business problems.
  • 9. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Lack Of A Strategic Approach To AI Adoption In some ways, this is an amalgamation of several other barriers – lack of talent, lack of management buy-in, and a culture insufficiently immersed in the advantages and practicalities of AI and digital transformation. The result is often AI initiatives that aren’t planned at a strategic level, fail to address strategic business objectives and don’t fit within an organization’s overall plans for growth and business development. Often the cause here is that, while businesses are broadly aware of the importance of adopting AI technology, and the advantages it can offer, they fail to approach it from a strategic standpoint; this means fully understanding the aims and objectives of all aspects of AI operations, from data gathering to how the insights uncovered are communicated across the workforce and put to work. The answer to this one is pretty straightforward – organizations must always ensure that a clear strategy is in place before time and money are spent on rolling out expensive and resource-intensive AI initiatives and pilots with no clear understanding of the benefits they can bring.
  • 10. © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Lack Of A Strategic Approach To AI Adoption This is another area where I spend a lot of my time, helping companies ensure their AI initiatives are clearly linked to business performance objectives, prioritized by their strategic goals, and where every stakeholder has a clear understanding of what the success – or failure – of an initiative will look like.
  • 11. © 2017 Bernard Marr , Bernard Marr & Co. All rights reserved © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organisations improve their business performance, use data more intelligently, and understand the implications of new technologies such as artificial intelligence, big data, blockchains, and the Internet of Things. LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent contributor to the World Economic Forum and writes a regular column for Forbes. Every day Bernard actively engages his 1.5 million social media followers and shares content that reaches millions of readers. Visit The Website © 2017 Bernard Marr , Bernard Marr & Co. All rights reserved © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organisations improve their business performance, use data more intelligently, and understand the implications of new technologies such as artificial intelligence, big data, blockchains, and the Internet of Things. LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent contributor to the World Economic Forum and writes a regular column for Forbes. Every day Bernard actively engages his 1.5 million social media followers and shares content that reaches millions of readers. Visit The Website
  • 12. Title Subtitle Be the FIRST to receive news, articles, insights and event updates from Bernard Marr & Co straight to your inbox. Signing up is EASY! Simply fill out the online form and we’ll be in touch! © 2018 Bernard Marr, Bernard Marr & Co. All rights reserved