Davia Temin, Bruce Molloy, Jayanth Kolla, Leadership, “Reputation Matters,” Forbes, December 6, 2017
Artificial Intelligence – it’s on the lips of the leaders, and on the 2018 agendas of the board meetings, of almost every global company today. Directors and operating executives alike know, or think they know, that this “new electricity” is going to be the next transformative force of our world. To ignore it now could be fatal to their long-term competitive position, not to mention survival.
AI-powered companies that know what they are doing — primarily born in the Internet and mobile eras — have not only gained tremendous advantage in improved efficiency and increased profitability, they have literally changed the competitive landscape of successive industries. And they are continuing to do so, as they venture into new fields, challenging a whole new set of incumbents that are not AI “natives.” (Witness Google’s Launchpad Studio’s focus on healthcare AI startups, and Alphabet’s Waymo autonomous cars, to name only two.) […read more]