
The Fortune CEO Initiative is dedicated to helping business leaders find ways to promote social progress as part of their core strategies. This opinion piece is based on a discussion among CEO members during the Fortune CEO Initiative Annual Meeting held Oct. 3, 2023, in Washington, D.C. The authors are CEOI members.
As companies move to create a blueprint for successfully using artificial intelligence, those who understand the benefits and practical applications of AI can differentiate themselves in setting a new standard. Almost anyone can use AI to their advantage to increase productivity and efficiency. AI can also often eliminate tedious work like repetitive tasks that are not fun, killing those timewasters and increasing team member engagement dramatically.