AI (Artificial Intelligence) is quickly turning into the new foundation for businesses, defining how companies operate and execute their tasks. The first big implications of AI on our society are not in simulating humanity, but rather in transforming our organizations and the way they shape our world. To bring about these changes, AI does not need to copy human behavior- they only need a weak AI that is capable of performing tasks humans can do, like analytics and data processing.
“Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastlymore scalablethan traditional processes, allow massivescope increase, enable companies to straddle industry boundaries, and createpowerful opportunities for learning--to drive ever more accurate, complex, and sophisticated predictions.”
“The authors analyzed the A.I. capabilities of hundreds of firms, and some of the best parts of “Competing in the Age of AI” are those case studies. The discussion of Satya Nadella’s turnaround of Microsoft is particularly revealing. But their sweeping conclusions often feel overblown and sometimesinconsistent. And the authors use Amazon as the poster child of a company for which “almost every human interaction is removed from the actual critical path in service delivery.” But that feels like a stretch given the company’s roughly 600,000employees.”
“AI Strategy: Iansiti and Lakhani talk about how crucial it is to have an AI strategy that is in line with the overarching objectives of a company. They underline how important it is for business leaders to comprehend how AI will affect their sector and organization. The book examines how AI can fundamentally alter a company’s business model in “The AI-Driven Business Model.” It talks about instances of businesses that have used AI to successfully develop new value propositions and revenue sources. Iansiti and Lakhani explore the relationship between networks and ecosystems in the era of artificial intelligence. They describe how AI can boost network effects and promote cross-organizational cooperation.”
Grown Up Digital reveals: How the brain of the Net Generation processes information. Today's young people are using technology in ways you could never imagine. Instead of passively watching television, the Net Geners are actively participating in the distribution of entertainment and information. For the first time in history, youth are the
Certainly, being a young, educated adult is not the same now as it was even just a mere decade ago, with a rapidly changing world. To create innovators, from this Millennial Generation, not only means supplying the potential innovator with the right skills, tools and atmosphere, but also to supply the
You may not consider yourself a leader, but if you take some time thinking about your daily activities, you might discover that you are. Don’t believe? Here are some examples that may convince you: If you are good at your job to the extent that your co-workers ask for your advice,
There are so many apparently intelligent people chasing success in the most foolhardy manner. They are manic, hyper and busy to the point of distraction. They might have gotten A’s for effort, but not for intelligence. We live in a “Success Culture”. Many people pursue success as a primary goal in
In Multiple Intelligences in the Classroom, Thomas Armstrong describes how educators can bring Howard Gardner's theory of multiple intelligences into the classroom every day. Combining clear explanations and practical advice, Multiple Intelligences in the Classroom is an excellent guide to identifying, nurturing, and supporting the unique capabilities of evey student.
Digital Human is a visionary roadmap for the future, a timely guide on how to navigate the world of finance as we create the next generation of humanity. It explores the digital evolution’s impact and offers clear insights on thriving in this new era. Human and business relationships are evolving, and existing
This book looks at the phenomenon of electronic government, that is, public sector use of the internet and other digital devices to deliver services, information, and democracy itself. Although personal computers have been around for several decades, recent advances in networking, video imaging, and graphics interfacing have allowed governments to develop
Digital operating models that depend on AI are transforming the competition of industries in a completely new way.
Algorithms look at transactions to judge how competitive a business is and judge accordingly. Analysts even feed the AI data on a user’s communications to assess “relationship quality.
The AI Factory The core of Ant Financial, and the modern firm in general, is a process called an AI Factory.
You don’t have to be a big company to build an AI Factory. In the Laboratory of Innovation Science at Harvard, people have developed an AI system that maps the shape of tumors based on CT scans.
Strategy for a New Age In the late 90s, physicist Albert-Laszlo Barabasi observed the structure of the Internet, and found that there was a percentage of network nodes that were becoming much more connected and relevant than others.
The tremendous amounts of data can also be hijacked or stolen by cyberattacks, threatening the privacy of the consumer.
Technology improves at a relentless pace, with no signs of slowing down. Even if AI never totally catches up with human thinking, digital systems will take over an increasing number of tasks now performed by humans.
As traditional structures are broken down, relationships of power will change, and some skills and functions will lose their relevance. It becomes entirely critical for the leadership to be all in, to be totally committed to leading the transformation.
The impact of senior roles cannot be understated, but now more than ever, anyone can rise to a crucial role.