Originally published in the New York Times by Jonathan A. Knee. Below is an excerpt from the article:
The potential of “big data” and “artificial intelligence” to revolutionize business is routinely hailed by everyone from entrepreneurs to executives at established public companies. Many of these claims have elicited increasing skepticism from the public.
A provocative new book by two Harvard Business School professors, however, argues that the transformational effect of “the Age of A.I.,” if anything, has been underappreciated.
In “Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World,” Marco Iansiti and Karim R. Lakhani suggest that the current era has been far more revolutionary than the Industrial Revolution. The benefits that arose from mass production and specialization during that earlier period were constrained by two key factors, they argue. Read the entire book review here.