AI and Deep Tech Transformation - Point of View
16 Jul 2024
1 min read
The impact of AI and Deep Tech extends beyond just technological advancements, it is transforming industries and revolutionizing work, changing the way businesses operate. It is poised to have a major impact on companies by reducing their average lifespan with an accelerated rate of innovation making older companies obsolete and is also anticipated to cause a substantial job churn of around 24% across various industries, highlighting the underlying potential that they possess. The impact of AI and Deep Tech extends beyond just technological advancements, it is transforming industries and revolutionizing work, changing the way businesses operate. It is poised to have a major impact on companies by reducing their average lifespan with an accelerated rate of innovation making older companies obsolete and is also anticipated to cause a substantial job churn of around 24% across various industries, highlighting the underlying potential that they possess.