Why Mark Cuban says AI is both 'stupid' and a make-or-break tool for businesses (www.businessinsider.com)

Billionaire Mark Cuban has emphasized the critical role of artificial intelligence (AI) in business, asserting that companies must adopt these technologies to thrive in an increasingly competitive landscape. During a discussion with Clipbook founder Adam Joseph, he warned that businesses using AI ineffectively face imminent failure; he envisions a future divided between those proficient in AI and those who struggle. While Cuban acknowledges that AI chatbots can serve as valuable information aggregators, he cautioned that they are not foolproof solutions. He highlighted the technology's limitations, including potential inaccuracies and the risk of compromising sensitive information. Cuban underscored the importance of understanding the distinct applications of different AI tools, stating that a thorough comprehension of these technologies is essential for CEOs and employees alike. As AI tools evolve rapidly, he noted that businesses engaging in the AI revolution must prioritize data security and intellectual property protection. Cuban likened AI to a reliable, albeit imperfect, assistant that requires careful management; improperly harnessing these tools could turn them into costly distractions. With leading tech companies investing billions in AI, Cuban believes that those who misjudge its impact risk significant disruption in their operations.