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The latest IBM C-suite Study reveals significant concerns among telecom CEOs regarding generative AI. Many leaders are eager to leverage AI for productivity gains but face challenges in hiring skilled personnel. The study indicates a growing appetite for risk, with a majority of CEOs willing to take on more to stay competitive.
Key insights highlight the importance of balancing optimism with reality in AI adoption. CEOs emphasize the need for transparency to build customer trust and the necessity of re-evaluating business partnerships. Ultimately, a focus on long-term innovation over short-term performance is crucial for sustainable growth in the telecom sector.
• 63% of telco CEOs accept risks for productivity gains from AI.
• 70% of CEOs believe AI success relies on people's adoption.
The article discusses how telecom companies are exploring generative AI to enhance productivity and innovation.
The article emphasizes that transparency in AI adoption is critical for fostering this trust among customers.
The article highlights the need for telecom companies to develop an AI-ready workforce to drive strategic change.
IBM's C-suite Study provides insights into the challenges and opportunities for telecom companies in adopting generative AI.
Nokia's involvement in AI initiatives is relevant as it collaborates with telecoms to enhance their technology strategies.
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