Large companies are behind on artificial intelligence, and much of the money they’re spending isn’t tied to a plan, futurist Amy Webb said at the Fortune AIQ Summit on Thursday, in conversation with Fortune’s AI editor, Jeremy Kahn.
“Let’s be fair, Fortune 500 companies are pretty late to the party on this,” said Webb, founder and CEO of the consulting firm Future Today Strategy Group. “Artificial intelligence didn’t just show up a couple of years ago.”