Companies risk wasting their AI investments because boards don’t rate the information underpinning the strategy and directors don’t understand how the technology works or creates value.
According to Big Four accountancy firm PwC’s latest annual Corporate Directors survey, fewer than half of the directors surveyed (46%) rate the information they receive on their company’s AI strategy and value creation goals as “good” or “excellent,” and more than two-thirds (71%) say better AI knowledge is the leading skill they need to improve to provide more effective oversight.
