Core Viewpoint - The op-ed by AITX's CEO Steve Reinharz emphasizes that the real threat is not artificial intelligence itself, but the failure to adapt and act in the face of its rapid advancement [1][7]. Company Insights - AITX, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is innovating within the $50 billion security and guarding services industry by offering AI-driven Solutions-as-a-Service [8]. - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services, utilizing both stationary and mobile robotic technologies [8]. - The company has successfully completed its SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients who prioritize data protection and security compliance [9]. - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as existing sales opportunities convert into deployed clients [10]. Industry Context - A recent Reuters/Ipsos poll indicated that 71% of Americans fear AI will lead to permanent job displacement, highlighting public concerns about the technology's impact [3]. - Reinharz argues that the success in the evolving landscape will belong to those who quickly adapt and leverage AI to enhance human capabilities rather than replace them [4][6].
AITX's Steve Reinharz Issues Op-Ed to Reuters Declaring "AI Isn't the Enemy. Standing Still Is.
Newsfileยท2025-08-21 12:40