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Across the world, GenAI is changing the way we work and transforming the way companies operate. However, here in the Nordics, we are not keeping pace with this technological paradigm shift:
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Views vary on how much AI is changing the world today, but one thing is clear: the technology is on course to shape the future of economic development. Business leaders expect large impacts on operations and value over the next decade. Worldwide AI spending will more than double to $632 billion by 2028, according to IDC. The pace and expansiveness of this growth makes AI an economic priority in every region on the globe. That’s why BCG is introducing our AI Maturity Matrix, which assesses 73 global economies in a new report and an interactive dashboard. Our research identified six archetypes of AI economic development and potential. (See the exhibit.) This matrix provides a broad view of global adoption: the vast majority of economies are gradually adopting AI, but there is a small, influential group of AI pioneers that are leading the way. |
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Legacy key performance indicators (KPIs) increasingly fail to deliver the information and insights leaders need to succeed. They fall short in tracking progress, aligning peo- ple and processes, prioritizing resources, and advancing accountability. These failures both undermine operational efficiencies and compromise the pursuit of strategic objec- tives and outcomes. Sophisticated organizations world- wide recognize that their KPIs need to be measurably smarter and more capable. They consequently invest in algorithmic innovations to make their performance met- rics more intelligent, adaptive, and predictive. Smart KPIs powered by artificial intelligence (AI) become sources — not merely measures — of strategic differentiation and value creation. |
A first-of-its-kind scientific experiment finds that people mistrust generative AI in areas where it can contribute massive value and trust it too much where the technology isn’t competent. |