According to a new Ernst & Young survey, 47% of CEOs are focused on the AI transformation, investing in technology over the next 12 months. EY Global Vice Chair of Strategy and Transactions Andrea Guerzoni joins Catalysts to give insight into the AI transformation and CEOs' optimism about the impact of AI on productivity.

Guerzoni explains where C-suite enthusiasm for AI comes from: "The realization that, by managing this complexity, they can actually achieve, great results and, the focus on cost-cutting, on reducing the complexity of the business, rationalizing the portfolios, of their, corporates, it's the right strategy, really, to get to the same result. And they they used to in the past and really dealing with this complexity and the impact of AI in particular, can be massive in terms of increasing productivity and ensuring that actually the bottom line is in line with analyst expectations."

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This post was written by Nicholas Jacobino