Five insights about harnessing data and AI from leaders at the frontier

In this McKinsey article, the authors talk about insights from cutting-edge companies that are leveraging AI. Their takeaways include: 1) New forms of data are providing insights faster and with deeper accuracy, 2) Specialist companies are emerging to refine and connect data, 3) many non-tech companies are lagging but new tools can provide a quick boost to their competitiveness, 4) Domain experts are required to really harness value from this unprecedented access to data, and 5) AI privacy needs to be thought through and institutionalized from the beginning of the AI journey.

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