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AI in the Boardroom: Steering the Ship of Innovation in Product Development

  • AI plays a crucial role in guiding corporate leaders through market trends, consumer behaviors, and technological possibilities in product development.
  • AI-driven insights in product development have led to successes like Netflix recommending personalized content and creating popular series tailored to audience preferences.
  • Challenges in AI-driven product development include over-reliance on data, ethical concerns about bias and societal impact, and the balance between AI insights and human creativity.
  • AI's potential in product development is vast, enabling faster drug discovery, democratizing innovation for start-ups, enhancing sustainability efforts, and reshaping required skills for corporate executives.

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