Incorporating AI and machine learning into everyday operations is a hot topic for the modern business owner, but Trend Hunter's CEO, Jeremy Gutsche warns that companies need to think critically about the best way to implement high-level technology in order to innovate.
In an interview with the Motley Fool titled 'Is Artificial Intelligence Stifling Innovation,' Gutsche explains how easily companies can become disrupted by focusing on optimization alone. In Gutsche's own words, "Companies are failing to adapt, and I believe optimization is currently one of the biggest risks at its face, especially by larger companies." Gutsche goes on to explain that while optimization can be a powerful tool when approached with tact, it often serve as a distraction that's blocking companies from finding a breakthrough idea.
Listen to the full interview with the Motley Fool here to learn more about how successful companies adapt and innovate.