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Home » Interest in AI means more business for business schools
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Interest in AI means more business for business schools

i2wtcBy i2wtcMay 19, 2024No Comments3 Mins Read
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As interest in technology continues to grow, business schools are adding AI-related curricula.

This is according to a report in the Financial Times (FT) on Sunday, citing a study by education consultants across 40 countries. Carrington Crispwhich is what almost half of the respondents expected. Learn about artificial intelligence (AI) in the next five years.

The launch of tools such as OpenAI’s ChatGPT for large companies to experiment with generative AI has increased demand for courses on the technology at business schools, the report said.

Some people want to learn more about AI. Annette SallerDirector of Program and Project Management for a German Medical Device Manufacturer hartman group. She told the FT that she wanted to see the big picture of AI beyond the buzz.

“AI does more than just generate text and images,” Salah says. “People often think of AI as a magic wand. When you graduate from this program, you’ll solve that mystery.”

This trend comes at a time when generative AI tools and automated machine learning (ML) solutions are “disrupting society. economic situation and usher in a new modern operating environment,” PYMNTS wrote earlier this month.

As this speed of digitalization transforms traditional processes across industries, it is more important than ever for finance leaders to become more agile and more involved in strategic planning and forecasting. the report added.

“[AI is] It’s about changing the way people view the operational relationship between systems and humans. ” james ritterthen CFO abbyhe told PYMNTS. interview. “[Businesses] Although you no longer necessarily need people to perform specific data entry type tasks, you do need people who: can do Please provide additional critical analysis. ”

Kevin HeldCFO hazel treetold PYMNTS in an interview earlier this year that as the CFO’s responsibilities have changed to include increased transparency, “the finance and accounting team has become more of a business partner, rather than just the ‘bean counter’ it was before.” Ta. In addition to reducing costs and greenlighting costs, we also consider cash flow and other strategic needs.

“While trending tools like ChatGPT generate excitement among consumers, smart CFOs are likely to avoid fully integrating them due to concerns about data sharing and corporate privacy,” PYMNTS said. writing. “Rather, company-specific AI tools trained on internal datasets and information will be what finance teams rely on most to inform and optimize process transformation.”

For all of our coverage of PYMNTS AI, subscribe to our daily subscription AI Newsletter.




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