{"id":121148,"date":"2021-04-01T20:22:36","date_gmt":"2021-04-02T03:22:36","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/04\/businesses-take-a-hurry-up-and-wait-approach-to-ai"},"modified":"2021-04-01T20:22:36","modified_gmt":"2021-04-02T03:22:36","slug":"businesses-take-a-hurry-up-and-wait-approach-to-ai","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/04\/businesses-take-a-hurry-up-and-wait-approach-to-ai","title":{"rendered":"Businesses Take a Hurry-Up-and-Wait Approach to AI"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/businesses-take-a-hurry-up-and-wait-approach-to-ai.jpg\"><\/a><\/p>\n<p>But whenever companies experiment with a new technology that has the potential to transform entire business models, like electricity, it can take decades before changes yield real-world results, Mr. Brynjolfsson said, speaking on Wednesday at The Wall Street Journal Pro AI Executive Forum. The Digital Economy Lab is part of Stanford University\u2019s Institute for Human-Centered AI.<\/p>\n<p>Companies leading the charge in adopting AI tools and platforms are taking time to target spending in the right digital capabilities and talent, he said.<\/p>\n<p>\u201cWe\u2019re having a few superstars doing really well,\u201d Mr. Brynjolfsson said. \u201cBut the whole reason it takes so long in the first place is that it\u2019s not easy.\u201d He expects to see a \u201cproductivity J-curve\u201d as companies figure out how best to deploy AI in their daily operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>But whenever companies experiment with a new technology that has the potential to transform entire business models, like electricity, it can take decades before changes yield real-world results, Mr. Brynjolfsson said, speaking on Wednesday at The Wall Street Journal Pro AI Executive Forum. The Digital Economy Lab is part of Stanford University\u2019s Institute for Human-Centered [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,39,6],"tags":[],"class_list":["post-121148","post","type-post","status-publish","format-standard","hentry","category-business","category-economics","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/121148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=121148"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/121148\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=121148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=121148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=121148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}