Every great thinker and CEO and futurist is in synchrony over one aspect of human evolution- Artificial intelligence is going to play a significant role in it.

This book is not about future. It is about now, how AI is changing everything we could imagine about business and information.

A startup riding over data its parent company has gathered and what it gathers everyday, can overtake century old behemoths in 3-4 years like Ant financial and Airbnb.

As it gets older it actually learns and improves and it has no limits upon how many people it can serve.

Book explains-
1. Current use if AI
2. Changing traditional company into AI based like Amazon, Microsoft, Alibaba and Uber are doing.
3. Basics about how AI learns and historical references to explain disruptive power of AI.
4. At last risks and vulnerability of AI like fake news, hacking, biases and inequality.

A timely book about our future and present.
Whoever overlooks this phenomenon is going to be at disadvantage and is going to fall behind.
Writing is good. Things are explained in simple language. And information keeps you pleasantly engaged. Stories taken to explain things are interesting and even most recent developments (2018) are included.

It is a little technical at few points but overall highly readable and understandable by common science enthusiast.
Thanks netgalley and publisher for review copy.

COMPETING IN THE AGE OF AI

Author’s Bio

Marco Iansiti is a Professor of Business Administration at Harvard Business School. His special expertise revolves around Technology and Operations Management. He advises Blue Chip companies globally on operational transition, and technological transformation for the 21st Century. Iansiti and Lakhani posit workable solutions and invaluable insights into the infinite utility of AI.


I studied Managerial Cybernetics, Systems Analysis, and Systems Development under the tutelage of Stafford Beer for both my B.Sc., and M.Sc. I am currently evaluating how the synthesis of a variety of recent technologies can be applied to extend the economic potential of large distributed networks and International organizations. Much of my work includes related issues raised in Competing in The Age of AI. My experience and my academic credentials, I believe afford me a unique perspective on this manuscript.

Iansiti is a prolific author of publications based on a particular area of expertise. Some of his works include: Digital Ubiquity, The Truth About Blockchain (Iansiti & Lakhani), The Keystone Advantage (Roy Levine), and Managing Our Hub Economy. Those looking for advice on establishing digital advantage or operational model transformation of a global organization need look no further than Competing in The Age of AI.

Karim R. Lakhani is a Business Administration Professor at Harvard Business School. Lakhani is the co-director of the Laboratory of Innovation Science at Harvard’s Institute of Quantitative Social Science, as well as the Chair of the Harvard Business School’s Analytics Program. His area of expertise is innovation and technology management. He is the author of numerous articles and case studies on technology, digital commerce, and digital innovation. He has been published in a myriad of significant publications that include: The Economist, The Wall Street Journal, and Business Week among many others.


Who is the target audience?

This is probably the most important book on business application of digital innovations this decade. This thesis is suitable for those who want or need to understand the potential for the increased span, scope, and scale afforded by the appropriate utilization of digital innovations, particularly artificial intelligence as applied to business models. Iansiti and Lakhani’s concept provides a most important tool for Captains of industry, investors, CEOs, entrepreneurs, and students of business and technology. Iansiti and Lakhani’s publication is a must read for all those who want to improve their understanding of the application of AI in organizations. Competing in the Age of AI should be compulsory reading for all those involved in leveraging competitive advantage in the new business world underpinned by artificial intelligence.

Synopsis

The discussions herein include the question of ethics in application and distribution of technology. Iansiti and Lakhani’s have provided a map for the exploitation of the technical advances provided by new technology. The authors have given practical advice on the strengths, limitations, and challenges of employing artificial intelligence to support and augment a company’s strategy.

Conclusion

Competing in The Age of AI is a seminal work, containing all the key ingredients for global companies to explore in order to improve competitive advantage. Iansiti and Lakhani have provided sensible, practical jargon-free explanations for the application of advanced technology strategies and advice on the potential effects on span, scope, and scale across the organization.


Acknowledgment

My sincere thanks go to: NetGalley, and Harvard Business Review Press for affording me the opportunity to review of Competing in the Age of AI.

AI is one of the major trends in technology currently. A lot of people are speaking about it and how it can influence our lives, jobs, education. Very interesting and insightful overview of technology and application.

Understanding the role of artificial intelligence in shaping the future of organizations is one of the hot topics nowadays. Increasingly we see the traditional industry boundaries dissolves as companies like Amazon, Alibaba, Facebook, and Airbnb venture out to activities other than what they originally set into.

For example Amazon who started as online bookseller now has Alexa who can control homes and does task traditionally done by personal assistants. It looks like information technology is becoming a central hub of every other traditional industries.

Now this book provides the concepts every executive needs to understand in order to be successful not just within their respective organizations but how they deal with other players in other industries.

The book is easy to read, well written, and provides lots of case studies readers can use to illicit ideas that will help them compete with other firms.

The world of business is always changing. Today, artificial intelligence, machine learning, blockchain technology increasingly disrupts every aspect of human endeavor. This book will help your organization to change your frameworks on both business and operational model; and stay relevant in the face of digital competition.