Advancements in artificial intelligence (AI), especially generative AI (GenAI), are leading to a once-in-a-generation shift, which is opening new opportunities and transforming industries, modes of operation and career paths, says information technology and networking multinational Cisco Applications GM and executive VP Liz Centoni. However, the Cisco AI Readiness Index found that 95% of respondents have an AI strategy in place or under development, but only 14% are fully ready to integrate AI into their businesses.