{"id":224449,"date":"2026-06-02T09:45:00","date_gmt":"2026-06-02T13:45:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/02\/why-ai-isnt-transforming-finance-yet\/"},"modified":"2026-06-02T10:50:21","modified_gmt":"2026-06-02T14:50:21","slug":"why-ai-isnt-transforming-finance-yet","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/02\/why-ai-isnt-transforming-finance-yet\/","title":{"rendered":"Why AI Isn\u2019t Transforming Finance Yet"},"content":{"rendered":"<p><a href=\"https:\/\/sloanreview.mit.edu\/article\/why-ai-isnt-transforming-finance-yet\/\">Why AI Isn\u2019t Transforming Finance Yet<\/a><\/p>\n<p><a href=\"https:\/\/sloanreview.mit.edu\/article\/why-ai-isnt-transforming-finance-yet\/\">https:\/\/sloanreview.mit.edu\/article\/why-ai-isnt-transforming-finance-yet\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-02 09:45:00<\/a><\/p>\n<p>Source Domain: <a href=\"sloanreview.mit.edu\">sloanreview.mit.edu<\/a><\/p>\n<ul>\n<li>\n<p><strong>AI Adoption Struggles in Finance<\/strong>: The article discusses the slow adoption of artificial intelligence in finance despite investments and initial expectations, highlighting the challenges faced by finance leaders.<\/p>\n<\/li>\n<li>\n<p><strong>Leadership Misalignment<\/strong>: A key reason for the slow adoption lies in the misalignment between the pace of technological advancements and the traditional methods of work within finance departments.<\/p>\n<\/li>\n<li>\n<p><strong>Research Approach<\/strong>: The study involved two research streams: action design research with organizations in digital transformation and interviews and surveys with CFOs and senior finance professionals.<\/p>\n<\/li>\n<li>\n<p><strong>Benefit of Forward-Thinking Practices<\/strong>: Finance leaders who adopt forward-thinking practices, including continuous adaptation and experimentation, are more likely to effectively integrate AI and derive benefits from it.<\/p>\n<\/li>\n<li>\n<p><strong>Optimistic Predictions vs. Reality<\/strong>: While there were optimistic predictions about AI transforming the corporate finance function, the reality has been more subdued with most AI tools either remaining unused or not significantly impacting decision-making.<\/p>\n<\/li>\n<li>\n<p><strong>Data and Technology Issues vs. Leadership Dynamics<\/strong>: While technology issues like data quality and tool integration play a role, the primary issue is the lag between the pace of new tools and leadership practices in the finance function.<\/p>\n<\/li>\n<li>\n<p><strong>Embedding New Practices<\/strong>: To harness AI better, finance departments should encourage practices like keeping alert to business changes, experimental work, and rethinking the future. <\/p>\n<\/li>\n<li>\n<p><strong>Comparative Outcomes Across Functions<\/strong>: Despite similar AI technologies being introduced in other corporate functions, they achieve more significant outcomes there compared to finance, suggesting deeper issues in how finance departments adopt and use AI.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why AI Isn\u2019t Transforming Finance Yet https:\/\/sloanreview.mit.edu\/article\/why-ai-isnt-transforming-finance-yet\/ Publish Date: 2026-06-02 09:45:00 Source Domain: sloanreview.mit.edu AI&#8230;<\/p>\n","protected":false},"author":1,"featured_media":224451,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/sloanreview.mit.edu\/wp-content\/uploads\/2026\/05\/2026SUMMER_Viaene-2400x1260-1-1200x630.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-224449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/224449"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=224449"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/224449\/revisions"}],"predecessor-version":[{"id":224452,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/224449\/revisions\/224452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/224451"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=224449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=224449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=224449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}