Big NO. Hereās why.š
Ā
Letās think of Formula 1 for a second.ššļø
Cutting-edge cars, massive budgets, high stakes.
But the heroes? The drivers.
Now, would you trust just anyone to race a Formula 1 car?
Absolutely not. No matter the tech, itās the driverās skill that wins races.
Same goes for AI in pricing. AI is the car.
Pricing professionals are the drivers.šš
Hereās what they bring to the race:
š§ Experience and instinct: Critical for AI model setup
š Data selection: Knowing what data to feed the model
š ļø Decision-making: Using AIās output as guidance, not gospel
š Monitoring and adjusting: Constantly fine-tuning for better results
š¤ Internal buy-in: Ensuring smooth adoption across teams
Two people using the same AI?
Different results - ranging from failure to massive success.
The secret? AI isnāt deterministic. Itās just a tool. The outcome? Thatās all human.
Interested in learning more about AI-Powered Price Optimization and Strategic Forecasting?
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