Bain Capital’s Gross Says to Start with Business Goals and Then Apply AI 

Bain Capital managing partner David Gross says his team sees AI opportunities “like a kid in a candy shop.” He discusses his approach to AI investing, labor trends, and credit funds facing redemptions with Dani Burger on “Bloomberg Deals.”Source: Bloomberg

Artificial intelligence is being misapplied by executives who treat it as a technology rollout rather than a fundamental rethink of how businesses operate, Bain Capital Managing Partner David Gross said in a Bloomberg TV interview.

“We are extremely excited about it,” Gross said. “We’re also daunted by it just given the rapid pace of change.”