Investment in AI Technology: A Panacea for Enterprise Transformation?

Reported about 1 year ago

According to Angie Cheah, Managing Director of Ernst & Young Financial Advisory Services Co., Ltd., many global CEOs aim to surpass AI's short-term efficiency and mid-term productivity through mergers and acquisitions. While Taiwan is seen as having a leading edge in AI industry, investment in AI development is still predominantly focused on large tech companies, despite over 90% of Taiwan's industries being small and medium-sized enterprises. The latest EY survey of 1,200 CEOs and 300 institutional investors globally revealed that the top three long-term goals for companies in the next three years include decarbonizing operations, boosting revenue growth, and investing in technology such as AI.

Source: YAHOO

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