Deloitte Assesses AI Readiness
May 2, 2019
In the coming years, artificial intelligence
(AI) will exert an enormous impact on economic development and the
nature of work. It will also radically reshape the competitive dynamics
of many industries.
A new Deloitte Global study released today, “Future
in the balance? How countries are pursuing an AI advantage – Insights
from Deloitte’s State of AI in the Enterprise, 2nd Edition survey,”
examines the growing importance of AI and what we can learn from early
adopters across seven countries.
Australia is playing catch up: Organizations from Australia hold a positive view of the strategic importance of AI to their success. Seventy-nine percent believe AI will be “very” or “critically” important to their business within two years. Despite the optimism, 50 percent of AI early adopters from Australia report that AI helps them “catch up” or “keep up” to their competition, rather than establish a distinct lead—the highest rate of all countries. It appears there’s a mismatch between perceived levels of urgency and readiness.
Canada exhibits caution: Canada is taking a cautious approach, with only 25 percent of early adopters from Canada indicating they currently embed AI into their products and services, the lowest of all countries. Yet at the national level, Canada is making a concerted effort to bolster its collective AI capabilities. This is especially true for talent, where the government has put forth policies to make immigration an easier, more open process for those with AI-related skill sets.
China prioritizes R&D: The Chinese
government is investing heavily in AI research and development, and 85
percent of respondents from China expect that in two years AI will be
very or critically important to their organization’s success—the highest
level globally. Organizations from China are demonstrating signs of
strategic maturity by putting policies, procedures, and metrics in place
to succeed with AI. Almost half (46 percent) indicate they have a
comprehensive, organizationwide strategy for adopting AI.
Germany turns fears into strengths: The German government is looking to accelerate adoption and development of AI technologies, but AI early adopters appear to struggle more with some of the ethical concerns surrounding AI. Their top ethical concerns are using AI to manipulate information and create falsehoods and potential job cuts. However, the workforce concerns have translated to a more holistic approach to filling the AI talent gap - respondents from Germany are more likely than their counterparts from other countries to have a strong focus on AI training.
The UK bets big on AI: With a thriving startup scene and heavy government investment, the UK is an enthusiastic participant in the global AI revolution. Forty-five percent of respondents from the UK say AI will be of critical importance to their near-future success and 60 percent expect to increase their AI investment more than 10 percent next fiscal year. This is the highest rate for both of these measures among all countries surveyed.
US recognizes AI challenges: The US continues to be a leader in public and private AI research, but with sophistication comes recognition of the complexities and challenges. Cybersecurity is a top concern for executives in the US, second only to China. Forty-seven percent of respondents from the US are concerned about sensitive data being stolen, and 45 percent worry that outsiders will influence AI models.