$1 Trillion in AI… So My Running Shoes Fit Better?
- mcipriano33
- Jun 5
- 2 min read
Is it worth over $1 trillion in global investment to fully understand the contents of every revenue-generating or expense-related contract within a business? Possibly.
Could AI help cure cancer? Let’s hope so.
What about helping me find the right pair of running shoes? Maybe not the best use of that budget.
The point is this: the staggering investment in AI is expected to unlock transformational outcomes across nearly every sector. But when—and how—those investments will yield practical, measurable value for businesses is still playing out. Sure, we’re already seeing AI help draft reports, emails, and presentations. But does that justify a trillion-dollar price tag?
Here’s the catch: AI is only as good as the questions we ask it.
At imkore Millennia, we’re asking a very specific one: How can AI enhance workflows and document repositories in a meaningful, cost-effective way? And more importantly, how do we quantify that value, compare it against alternatives, and invest accordingly?
Let’s break it down:
Workflow Optimization: Beyond the Basics
Take invoice workflows. These are already widely adopted, proven to deliver positive ROI—without AI. But could AI enhance that further? Maybe by spotting fraud or flagging duplicate payments with more accuracy. Though in fairness, traditional database queries can handle some of that already.
Wire transfer approvals? Similar story. AI might help with fraud detection or validation. But the real upside could be smarter decisions on when to fund a transfer—factoring in available (or soon-to-be available) cash flow, not just approval routing.
Document Repositories: Smarter, Not Just Faster
Now consider document archives. The real AI opportunity here lies in advanced search and contextual insights. Imagine searching for a vendor contract—and getting not just the document itself, but also a summary of key terms, renewal dates, and similar contracts across your portfolio. That’s a leap forward in utility.
Auto-classifying documents on upload? It’s simple, effective, and already shows value by saving time and reducing errors. No, it’s not worth a trillion dollars—but it does improve efficiency, which improves enterprise value.
The Real Value of AI: Asking the Right Questions
The bottom line: AI isn’t magic. It’s a tool. To use it wisely, organizations need a clear, objective review of:
Where AI can create measurable value
What those benefits are worth
How those benefits compare to alternative solutions
Those are the right questions. And if we start there, the answers, whether in better contract insights or better running shoes,will be worth it.
imkore Millennia has been providing workflow and critical document archive solutions since 1996. Contact us for more information.
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