The authors emphasize the need to connect and collectively harness advances in different elements of AI and outline autonomous business entities as examples of convergence of AI. The authors discuss the application of AI, not only to improve business operations, but also for product adaptation and to enable and support business model innovations, thereby making the entire business “smart.” They also explore “data labs” and “data factories,” which facilitate business model innovation. Finally, the authors argue that while AI-driven, radical automation of businesses will replace human work in some areas, humans will remain relevant in others.
Article
Connecting the AI Dots: Radical Scenarios for Business Automation
Posted March 23, 2018 | Leadership | Amplify
About The Author
Borys Stokalski, a member of Arthur D. Little's AMP open consulting network, and partner in the digital business design studio RETHINK, is a seasoned advisor, manager, and investor with over 25 years of experience in building and managing one of the leading consulting and IT solution implementation companies on the Polish market, recently acquired by a European Top 10 software integrator. Today, Mr. Stokalski remains an active advisor and… Read More
Bogumil Kaminski is Head of the Decision Analysis and Support Unit at the Warsaw School of Economics and Adjunct Professor at Data Science Laboratory, Ryerson University, Toronto. Dr. Kaminski has authored over 50 research articles on theory and business applications of prediction, simulation, and optimization methods. During the last 15 years, he has delivered over 100 data science projects for the largest Polish corporations. He can be reached… Read More
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