Irving Wladawsky-Berger

The Simple, Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

I recently attended a very interesting talk , - Exploring the Impact of Artificial Intelligence: Prediction versus Judgment, - by University of Toronto professor Avi Goldfarb. The talk was based on recent research conducted with his UoT colleagues Ajay Agrawal and Joshua Gans.

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Peering into a Confusing, Paradoxical Future

Irving Wladawsky-Berger

Every four years since 1997, the US National Intelligence Council has been publishing a Global Trends report on the key trends that will shape the world over the following twenty years.

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Trending Sources

The Emerging Data Economy

Irving Wladawsky-Berger

The Economist’ s May 6 issue referred to data in its cover as the world’s most valuable resource.

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On the Governance of Blockchain: Lessons from the Internet

Irving Wladawsky-Berger

The Growing Value of a Dual-Track Education

Irving Wladawsky-Berger

A few weeks ago I read a very interesting article in The Chronicle of Higher Education , - Why Colleges Need to Embrace the Apprenticeship.

Globalization at a Crossroads

Irving Wladawsky-Berger

Earlier this year I wrote about the future of global firms , based on two recent articles on the subject, - The retreat of the global company in The Economist , and The Global Enterprise: Where to Now? in Foreign Affairs by IBM’s former CEO Sam Palmisano.

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Global Trends and Business Strategy

Irving Wladawsky-Berger

McKinsey recently published an article on the long-term trends that are reshaping the business environment. T he article reminds us that the trend is your friend is an old adage that applies to business strategy as well as to investing.

Serious AI Challenges that Require Our Attention

Irving Wladawsky-Berger

Several weeks ago Vanity Fair published and article by NY Times columnist Maureen Dowd , - Elon Musk’s Billion-Dollar Crusade to Stop the AI Apocalypse. Elon Musk is famous for his futuristic gambles, but Silicon Valley’s latest rush to embrace artificial intelligence scares him,” noted Dowd. “And

Corporate Survival: Lessons from Biology

Irving Wladawsky-Berger

Having lived through IBM’s near-death experience in the early 1990s, respect for the forces of the marketplace is edged deep in my psyche. It’s frankly sobering how many once powerful IT companies are no longer around or are shadows of their former selves.

The Rise of the Platform Economy

Irving Wladawsky-Berger

What do we mean by a platform ?

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The Competitive Value of Data: From Analytics to Machine Learning

Irving Wladawsky-Berger

A recent article by NY Times reporter Steve Lohr discussed the rising importance of data as a major competitive differentiator.

Becoming a Data-Driven Business: Challenges and Opportunities

Irving Wladawsky-Berger

A few weeks ago, McKinsey published The age of analytics: Competing in a data-driven world , a comprehensive report on the state of big data, and in particular, on the challenges and opportunities a company faces as it strives to become a data-driven business.

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Automation Technologies and the Future of Work

Irving Wladawsky-Berger

Last year, McKinsey launched a multi-year study to explore the potential impact of automation technologies on jobs, organizations and the future of work. “Can we look forward to vast improvements in productivity, freedom from boring work, and improved quality of life?,”

The Transformative Power of Cloud Computing

Irving Wladawsky-Berger

I was recently involved in two different meetings, each convened by an IT research organization focused on providing strategic advice to CIOs. My participation in each of the CIO meetings was in the form of a fireside chat with a senior analyst of the organization.

Data 86

Digital Identity - the Key to Privacy and Security in the Digital World

Irving Wladawsky-Berger

From time immemorial, our identity systems have been based on face-to-face interactions and on physical documents and processes. But, the transition to a digital economy requires radically different identity systems.

Is Design Thinking the “New Liberal Arts”?

Irving Wladawsky-Berger

Design thinking has become an increasingly popular topic of discussion over the past decade. It was featured in the September, 2015 issue of the Harvard Business Review with several articles on the subject.

The Evolution of the Firm

Irving Wladawsky-Berger

A few weeks ago I discussed The Rise of the Global Superstar Company based on a recent special report on the subject by The Economist. The report noted that the decade-long trend toward increasingly concentrated global firms is somewhat surprising. .

Cost 87

The Datafication of Business and Society

Irving Wladawsky-Berger

I first encountered the term datafication in The Rise of Big Data: How It’s Changing the Way We Think About the World , by Kenneth Cukier and Viktor Mayer-Schönberger.

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The Importance of Empathy in Our Services-Centric, People-Oriented Economy

Irving Wladawsky-Berger

A few days ago I read an excellent article in the Harvard Business Review , - Empathy Is Still Lacking in the Leaders Who Need It Most , - by Ernest Wilson , Dean of the Annenberg School of Communications and Journalism at the University of Southern California (USC).

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Disruptive Innovation Revisited

Irving Wladawsky-Berger

The recent New Yorker article, - The Disruption Machine: What the gospel of innovation gets wrong , - by Harvard history professor Jill Lepore , has led to a flurry of opinions on disruptive innovation. The New Yorker described the article as “Rethinking the innovation craze.”

Trust and the On-Demand Economy

Irving Wladawsky-Berger

The intrinsic structure of companies has long been a subject of study, most famously by Ronald Coase , the eminent British economist and recipient of the 1991 Nobel Prize in economics.

Becoming a 21st Century Digital Tinkerer

Irving Wladawsky-Berger

I like to tell people that the key to being and/or sounding smart is to hang out with smart people. And, one of the names that would quickly comes to mind if asked to recommend who to hang out with is John Seely Brown , aka JSB.

The Top Ten Emerging Technologies of 2016

Irving Wladawsky-Berger

For the past several years, the World Economic Forum (WEF) has published an annual list of the Top Ten Emerging Technologies that would likely have the greatest impact on the world in the years to come. A few weeks ago, the WEF published its 2016 Top Ten list.

Mobile Payments - a Long, Relentless War of Attrition

Irving Wladawsky-Berger

Apple Pay was launched in September of 2014. It was positioned as a relatively easy, secure way to pay for purchases in physical stores as well as online using a variety of supported Apple devices including iPhones, iPads, Macs and Apple Watch.

Learning to Apply Data Science to Business Problems

Irving Wladawsky-Berger

This past semester I was involved in an interesting course at MIT’s Sloan School of Management , - Analytics Labs (A-Lab). A-Lab’s objective is to teach students how to use data sets and analytics to address real-world business problems.

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Technological Unemployment and the Future of Work

Irving Wladawsky-Berger

Few topics are as important, - and as challenging to anticipate, - than the future of work given our justifiable fears of rising technological unemployment. How are job markets likely to evolve in our 21st century digital economy?

Open Innovation 2.0

Irving Wladawsky-Berger

I recently read Twelve Principles for Open Innovation 2.0 , an article published last year in Nature by Martin Curley.

Design Thinking and the Workplace Experience

Irving Wladawsky-Berger

Design has long played a major role in product innovation. But in the last few years, a shift has been underway bringing design to the very core of the business. “ The Evolution of Design Thinking : It’s no longer just for products.

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What’s the Value of Blockchain?

Irving Wladawsky-Berger

A few weeks ago I attended the IBM Blockchain Summit 2017 in New York. The Summit included a number of talks and panels, and - most important, - presentations of concrete blockchain use cases IBM has been working on in a number of areas, including finance, supply chains and healthcare.

The Future of the Globally Integrated Enterprise

Irving Wladawsky-Berger

“In Retreat: Global companies in the era of protectionism,” reads the cover of the January 28 issue of The Economist. In The retreat of the global company , The Economist defines global firms as those where over 30% of their sales come from outside their home region.

Has AI (Finally) Reached a Tipping Point?

Irving Wladawsky-Berger

After many years of promise and hype, AI seems to be finally reaching a tipping point of market acceptance. Artificial intelligence is suddenly everywhere… it is proliferating like mad.” So starts a Vanity Fair article published around two years ago by author and radio host Kurt Andersen.

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Is There a STEM Crisis or a STEM Surplus?

Irving Wladawsky-Berger

Is the US facing a critical shortage of STEM skills? Do we have enough STEM workers to meet the demands of the labor market? Are enough young people choosing STEM careers so we can meet future demands?

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The Evolution of the Internet of Very Smart Things

Irving Wladawsky-Berger

I recently saw a very interesting presentation , - From Cloud to Fog: The Internet of Things , - by Cisco executive Michael Enescu.

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The Fourth Industrial Revolution

Irving Wladawsky-Berger

The Fourth Industrial Revolution: what it means, how to respond was the central theme of the 2016 World Economic Forum (WEF) that took place earlier this year in Davos, Switzerland.

Why Are We Stuck in a World of Slow Economic Growth? Nobody Seems to Know

Irving Wladawsky-Berger

Over the past few centuries, the natural sciences , - e.g. physics, chemistry, biology, - have developed a variety of principles and models. These have enabled them to analyze and predict the behavior of our highly complex physical systems under widely different conditions.

The Puzzling Technology Adoption Discrepancy Between Individuals and Institutions

Irving Wladawsky-Berger

Since the publication of its first report in 2009, I’ve closely followed the Shift Index initiative of Deloitte’s Center for the Edge.

Competing Against “Digital Invaders”

Irving Wladawsky-Berger

The Fourth Industrial Revolution - Risks and Benefits

Irving Wladawsky-Berger

The Fourth Industrial Revolution (4IR) was the central theme of the 2016 World Economic Forum (WEF) that took place a year ago in Davos, Switzerland.

The Rise of the T-Shaped Organization

Irving Wladawsky-Berger

The concept of T-shaped skills was first introduced over 20 years ago, but its importance, - to both individuals and organizations, - has continued to rise.

Blockchain Can Reshape Financial Services… But it Will Take Significant Time and Investment

Irving Wladawsky-Berger