Artificial Intelligence and Business Strategy

IN COLLABORATION WITH:

The Artificial Intelligence and Business Strategy initiative explores the growing use of artificial intelligence in the business landscape. The exploration looks specifically at how AI is affecting the development and execution of strategy in organizations.

The initiative researches and reports on how AI is spurring workforce change, data management, privacy, cross-entity collaboration, and generating new ethical challenges for business. It looks at new risks and threats in dependency, job loss, and security. And it seeks to help managers understand and act on the tremendous opportunity from the combination of human and machine intelligence.

Research and analysis for the initiative is in collaboration with and sponsored by Boston Consulting Group.

Featured Ideas

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Don’t Let Artificial Intelligence Supercharge Bad Processes

Sam Ransbotham

When artificial intelligence is used to expedite certain legacy processes, it can act more like a Band-Aid than a cure.

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How Big Data and AI Are Driving Business Innovation in 2018

Randy Bean

A new survey reports companies are now seeing a direct correlation between big data and AI success.

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How AI Will Define New Industries

David Kiron and Gregory Unruh

The most valuable contributions of AI to the economy may be as an adjunct to advancing discoveries.

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Video: AI Presents Business Opportunities and Challenges

Allison Ryder

Video: Two of the biggest barriers to corporate adoption of AI are access to talent and usable data.

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The 2017 Artificial Intelligence and Business Strategy Report

Reshaping Business With Artificial Intelligence

September 6, 2017 | Sam Ransbotham, David Kiron, Philipp Gerbert, and Martin Reeves

Disruption from artificial intelligence (AI) is here, but many company leaders aren’t sure what to expect from AI or how it fits into their business model. Yet with change coming at breakneck speed, the time to identify your company’s AI strategy is now. MIT Sloan Management Review has partnered with The Boston Consulting Group to provide baseline information on the strategies used by companies leading in AI, the prospects for its growth, and the steps executives need to take to develop a strategy for their business.

From Elsewhere at MIT SMR

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The End of Scale

Hemant Taneja with Kevin Maney

New technology-driven business models are undercutting the traditional advantages of economies of scale.

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Using AI to Help the World Thrive

Andrew Winston

Microsoft has launched a $50 million initiative to figure out ways to help AI “save the world.”

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Unpacking the AI-Productivity Paradox

Frontiers |

Erik Brynjolfsson et al.

AI has driven soaring expectations and stock prices. So why has productivity growth declined?

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Could AI Be the Cure for Workplace Gender Inequality?

Megan Beck and Barry Libert

Artificial intelligence is beginning to replace many of the workplace roles that men dominate.

More AI and Business Strategy Insights

Five Management Strategies for Getting the Most From AI

September 19, 2017 | Jacques Bughin and Eric Hazan

Using AI to Help the World Thrive

February 01, 2018 | Andrew Winston

Don’t Let Artificial Intelligence Supercharge Bad Processes

March 20, 2018 | Sam Ransbotham