AI is No Longer on the Horizon—It's Here
Reading the recent comments from Infosys CTO, Mohammed Rafee, that almost every business deal today has some form of AI embedded, I felt a strong sense of validation. It's a clear declaration that artificial intelligence has moved from the periphery of corporate strategy to its very core. AI is no longer a futuristic concept; it is the engine of modern commerce, innovation, and competitive advantage.
This development brings to mind some of my earlier writings. The core idea I want to convey is this—take a moment to notice that I had brought up this exact shift years ago. In my blog, "MIGHT INTEREST YOU," I spoke about how AI, machine learning, and neural networks would quickly evolve from academic curiosities into powerful, real-world applications that reshape industries. I predicted that AI would become integral to business operations, a sentiment that Mohammed Rafee's statement now confirms as mainstream business reality.
Similarly, in "Financial Inclusion: Here is the Future," I discussed the rise of algorithm-driven systems in finance, noting how they were democratizing sophisticated financial tools. This trend of embedding AI into financial decision-making has now expanded across the entire corporate landscape, influencing everything from mergers and acquisitions to strategic partnerships.
Seeing how things have unfolded, it's striking how relevant those earlier insights still are. It gives me a sense of validation but also a renewed urgency to revisit these ideas. The future I forecasted is now our present.
A Call to Action for a New Era
To corporate leaders, investors, and policymakers: the time to theorize is over. We must embrace AI not just as a tool, but as a strategic cornerstone. This means integrating AI thoughtfully into deal-making processes, fostering ecosystems that nurture AI innovation, and investing in upskilling our teams to harness its full potential.
Governments and regulatory bodies must also step up to provide frameworks that encourage ethical AI adoption, transparency, and robust data governance. Only by building trust alongside innovation can we propel the next era of business growth, powered by intelligent, AI-embedded collaborations.
Regards,
Hemen Parekh
Of course, if you wish, you can debate this topic with my Virtual Avatar at : hemenparekh.ai
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