Accenture declares AI is 'mature and delivers value'

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Accenture declares AI is 'mature and delivers value'
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Out with the old, in with the new – Accenture declares AI is 'mature and delivers value'

Tech consulting giant Accenture will invest $3 billion over three years to grow its AI workforce to 80,000 people after it axed 19,000 jobs in March this year.that the investment is needed because"Companies that build a strong foundation of AI by adopting and scaling it now, where the technology is mature and delivers clear value, will be better positioned."

Sweet's declaration of AI as"mature" comes less than a year after the public debut of generative AI services like ChatGPT, and despite such tools regularly producing inaccurate output. The CEO's declaration was also made at a time when copyright and ethical issues around AI are utterly unresolved, and governments are proposing regulation for the tech.

Accenture also touted its AI Navigator for Enterprise platform – a tool designed to help clients figure out how to use generative AI tools in their products and services, and understand what models are most effective for their applications. Meanwhile, the colossal consultancy's Center for Advanced AI will conduct research and development to invest in technological capabilities within its own organization, as well as others.

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