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Accenture’s Manish Sharma says those who don’t go all-in on GenAI this year risk falling behind their rivals as it's set to impact 40% of working hours
Accenture's CEO of North America, Manish Sharma, believes that companies who do not fully embrace and invest in artificial intelligence (AI) technologies risk falling behind their competitors. Accenture itself is in the process of investing $3 billion over three years to expand its AI capabilities. Sharma highlights the potential impact of large language models like ChatGPT and Google Bard on working hours, estimating that they could impact 40% of working hours. He also emphasizes the importance of addressing bias in AI models and the need for scalability in AI deployment. Overall, Sharma urges companies to prioritize and fully embrace AI to stay ahead in the business landscape.