Show notes
Vlad Lukic, BCG’s global leader for tech and digital advantage, and Paul Goydan, global leader of BCG’s cost offer, explain why so many companies spend more on AI than they get back. What is the fix? They argue it isn’t simply cutting AI spend, but assigning clear ownership, categorizing costs correctly, and tying every dollar to a business outcome.You’ll Learn:Business owners, not IT, should be accountable for AI’s return, like any other investment.Many companies give routine tasks to their most powerful and expensive AI models, when a simpler tool could do the job.Instead of focusing on banning unauthorized AI tools, leaders should turn towards educating employees on sanctioned options.Learn More:How Leaders Build an AI-First Cost Advantage: https://on.bcg.com/4c3KrSWWhy We Still Need a CIO in the AI-First Era: https://on.bcg.com/46bBbIVChapters0:00 AI's Bottom-Line Problem1:01 Why Your AI Costs Don't Add Up2:16 Can Promoting AI Use Promote Waste?4:02 Are AI Costs an IT Problem?4:48 How to Prioritize AI Spend6:18 How Do CEOs Pay for AI?7:14 How to Categorize AI Costs?8:02 Who Owns the AI Budget?8:30 How Leaders Know AI Is Paying Off10:50 Strategy vs. FOMO13:49 Turning FOMO Into Action14:27 Winners in the AI Era16:28 Handling Hidden AI Risk18:05 Now What: Next StepsListen to Other Episodes of The So What from BCG podcastYouTube | https://youtube.com/playlist?list=PLMJgyXjV5gMI9JV-GcF_D1Y6zyf1Eab_0&si=plXqe7-YNzbG56U8Apple | https://podcasts.apple.com/us/podcast/the-so-what-from-bcg/id1591194141Spotify | https://open.spotify.com/show/2NSVR7qrAyZ4CaGsnknbBk?si=1d846c2af8784923Other platforms | https://lnk.to/so-what-general-show12Follow BCGhttps://www.bcg.com/LinkedIn | https://www.linkedin.com/company/boston-consulting-groupThis podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
