AI investment lacks basic safety checks, warns BSI Tech Many businesses are investing heavily in AI without sufficient safeguards for its implementation, a new study by the British Standards Institution (BSI) has found. While executives are touting AI’s potential to drive productivity, the report suggests that most firms are operating with little more than blind faith in a technology they do not yet fully [...]
Execs see pound signs in AI tech, not just efficiency Tech C-suite business executives are even more enthusiastic about AI than the lawyers and accountants at the professional services firms advising them. According to research by Thomson Reuters, 90 per cent of corporate C-suite leaders say AI will have ‘high’ or ‘transformational’ impact in the next five years, compared to just 80 per cent of lawyers [...]
Asda flies in Morrisons and M&S execs as turnaround plan gathers pace Business Asda has added two new members to its leadership team as it looks to bolster the firm amid a significant turnaround plan. Laura Lepley will join in December from Morrisons as vice president of central operations, while Mark Henry will join in January from M&S as vice president of retail in the south of England. [...]