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Category: technology

Warning: The AI traps even smart CEOs fall into

ILLUSTRATION BY KIKO BUENAVENTURA Artificial intelligence (AI) is the loudest drumbeat in business today. Board decks brim with pilots, vendors promise miracles and investors ask, “What’s your AI strategy?” Yet in my work with owner-operators and Fortune-level leaders, I’ve seen a hard truth: the biggest AI losses aren’t technical—they’re leadership errors. AI can multiply value

PNB Holdings bets on IT-BPM, lifestyle retailers

The real estate spinoff firm of Philippine National Bank (PNB) is pinning its hopes on the rapidly growing IT and business process management sector (IT-BPM) as well as lifestyle-oriented brands. This, in hopes of maintaining high occupancy in its properties and differentiating itself from its competitors. Joselito Consunji, COO of PNB Holdings Corp. (PHC), told