NZ directors are already embracing AI in their businesses

NZ directors are already embracing AI in their businesses
Directors have to keep an eye on the rapidly moving developments in artificial intelligence.(Image: Getty)
Greg Hurrell
Artificial intelligence is like a ball in a giant pinball machine, says Institute of Directors general manager Michael Fraser. That meant company boards needed to keep up with where it might be racing to next.A June survey carried out by the Institute of Directors (IoD) found that most directors had an optimistic view of artificial intelligence (AI), with 72% saying it brought more positives than negatives.Only 10% of directors were concerned AI could be a bad thing. Already, 58% of respondents had AI at work in their companies with another 7%...

More Technology

Is innovation a priority for National?
Opinion

Peter Griffin: Is innovation a priority for National?

The challenge for Shane Reti will be to chart a new course in science and innovation.

SailGP: How data makes the boats go faster
Technology Free Business of Tech

SailGP: How data makes the boats go faster

Data, data, everywhere and everyone gets to benefit.

SailGP is pushing the boat out on sports tech
Boats

SailGP is pushing the boat out on sports tech

Digital technologies have been integral to the competition since its earliest days.

Ben Moore 22 Jan 2025
Scott Tech’s Rocklabs expands Rio Tinto deal
Markets

Scott Tech’s Rocklabs expands Rio Tinto deal

Scott Technology has extended its contract with Rio Tinto, increasing the automation of a third laboratory for the mining giant in Australia.Scott, a New Zealand Exchange-listed industrial automation company, did not provide details on the value of the contract but said the syste...

Ben Moore 21 Jan 2025