Artificial Intelligence has been around for decades, but in the past few years, excitement around it has surged. AI Chatbots are carrying on human-like conversations, AI is generating art, and AI models are predicting what you will buy before you even know you want it. Businesses see the massive potential of AI and are naturally racing to adopt it, but AI is not a singular technology. It is an entire ecosystem of machine learning, deep learning, natural language processing, and other technologies, each designed with specific capabilities.
Consider the early days of the internet, when businesses scrambled to “get online” without a clear objective. Many assumed they needed a website simply because everyone else had one. Others rushed into e-commerce without considering whether it aligned with their business model, and some even tried to launch their own web browsers, chasing trends rather than solving real problems. The companies that thrived were not just “using the internet.” They identified specific business challenges and applied internet technologies strategically, whether by leveraging online marketplaces, optimizing for search engines, or using digital advertising to reach customers.
Today, AI adoption is following the same unstructured pattern. Just as not every business needed a website or an e-commerce platform, not every company needs the same AI tools. If the goal is to increase sales, one business might benefit from an AI-powered chatbot to improve customer engagement, while another might use predictive analytics to identify the most promising leads. A retailer looking to prevent fraud will need a completely different AI system than one trying to personalize product recommendations. Treating AI as a single, all-purpose technology leads to wasted investment and poor results.
The businesses that succeed with AI will not be the ones that adopt it the fastest but the ones that take the time to understand the different AI technologies available and apply the right ones to their specific needs. Success comes from knowing what AI can do, what it cannot, and how to align it with real business challenges. Companies that approach AI strategically will see the greatest impact—those that do not will struggle to find value.