The equipment finance industry is turning toward developing technology like AI to bolster operations and reduce costs, and investment in relevant technology should see an increase in 2024.

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The key to managing risk is avoiding undesirable outcomes; so if a business can identify ways to lose with AI, the odds of gaining competitive advantage using it go up.

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Happy Holidays and Season’s Greetings. We find ourselves in that time of year again – snow shoveling, gift wrapping, overeating, gathering with family, and looking both ways before we cross the busy road of technology trends.

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Operational AI is already improving how businesses operate and consumers behave. If the mission of the enterprise contributes to the betterment of customers and society, AI can be a medicine that, like penicillin, will improve the well-being of all of us.

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