Former Cisco CEO: Every company will become a tech company

The AI buzz has turned a new leaf—with companies moving from the phase of expressing interest in incorporation to investors expecting evidence of adoption. John Chambers, Former Cisco Executive Chairman & CEO joins Yahoo Finance’s Brian Sozzi to break down what investors should consider and how tech companies —both big and small— have to get ahead of the game. Chambers insists that AI is essential, stating “those companies that get AI right are going to see explosive growth”. Investors are making “careful selection” and in order to stand out, there has to be a strong incorporation strategy, notes. Chambers. Chambers further harps on his point of the need for AI strategy, stating “overall, this is the decade of AI” and is something that shouldn’t be a cause for concern or fear, according to him.
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