AI Perception Gap: Retail CEOs Lag Behind Teams on Predictive Analytics Value
First Insight’s recent study uncovers a surprising divide within the retail sector: CEOs are half as likely to see AI’s predictive analytics as a top 3 promising application compared to their management teams.
- First Insight’s recent study uncovers a surprising divide within the retail sector: CEOs are half as likely to see AI’s predictive analytics as a top 3 promising application compared to their management teams.
- The report, “AI Perception Gap: Retail CEOs Lag Behind Teams on Predictive Analytics Value,” underscores a pressing need for strengthened AI education and strategic realignment, especially in enterprises generating over $100 million.
- “AI’s potential in retail is a game-changer that’s still on the brink of being tapped by retail leaders,” asserts Greg Petro, CEO of First Insight.
- Conversely, CEOs place higher value than their teams on:
The Top 3 Business Benefits of AI:
There is a striking three-to-one gap in the recognition of “Innovation” as a vital advantage of AI, with 47% of management teams in agreement, versus a mere 17% of CEOs.