A new survey by EY looks at the attitudes of CEOs and other c-suite executives toward AI. According to the study, the vast majority of business leaders are optimistic about AI (85%) and plan to invest in this technology in the coming year (87% ). But while 87% of respondents trust AI somewhat or fully, one in three executives believes that a lack of employee trust in AI is standing in the way of AI adoption.
The report also shows that a small majority (52%) of business leaders believes the US is leading the AI race, while half of respondents think the US has the best long-term AI strategy. Many executives are aware that the US should expect heavy competition from China in the AI domain, with 47% of them indicating that China represents the biggest barrier to the development of AI in the US.
Read more: CEOs and business leaders trust AI, but employees are more cautious
