<ul><li>Cisco's former CEO John Chambers emphasized the need for leaders in AI to reinvent themselves every year, stating that refreshing strategies every two to three years is no longer sufficient in the AI age.</li><li>The rapid advancements in AI are putting pressure on companies to keep up, as seen in boardrooms where companies like JPMorgan Chase are leveraging AI to do more with less by reducing hiring expenses.</li><li>By 2030, LinkedIn predicts that 70% of job skills will change due to AI, highlighting the significant impact of AI on the workforce and the need for continuous adaptation.</li><li>Chambers advised companies to rethink everything from target market and products to differentiation strategies, showcasing examples of successful AI integration leading to growth and efficiency improvements.</li></ul>

Leaders in AI need to reinvent themselves every year, says Cisco's former CEO

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