Irving Wladawsky-Berger

The Increasing Demand for Hybrid, “T-Shaped” Workers

Irving Wladawsky-Berger

A recent article in The Atlantic used the USS Gabrielle Giffords to illustrate the important changes taking place in the US Navy, - and in the world of work in general. After discussing various features of its advanced design, the article noted that the ship’s most futuristic aspect is its crew. “It

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Innovation and National Security in the 21st Century

Irving Wladawsky-Berger

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The Internet of Things is Changing the World

Irving Wladawsky-Berger

“How the world will change as computers spread into everyday objects,” is the title of the lead article in a comprehensive review of the Internet of Things (IoT) in a r ecent issue of The Economist. Like many technological advances, IoT has been long in coming.

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The State of AI in the Enterprise

Irving Wladawsky-Berger

A few months ago, Babson College professor Tom Davenport gave a talk on the state of AI in the enterprise at the annual conference of MIT’s Initiative on the Digital Economy. His talk was based on two recent US surveys conducted by Deloitte, the first one in 2017 followed by a second in 2018.

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Using Agile Processes to Develop AI-Based Solutions

Irving Wladawsky-Berger

In the waterfall development model , a project is broken down into a set of sequential phases, - e.g., conception, analysis, design, construction, testing, deployment, maintenance, - each dependent on the completion of the previous phase.

The Blockchain Value Framework

Irving Wladawsky-Berger

In July, 2019, the World Economic Forum and Accenture released Building Value with Blockchain Technology , a white paper aimed at helping organizations evaluate blockchain’s benefits and build an effective business case.

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How to Survive and Thrive in a World of Disruption

Irving Wladawsky-Berger

Looking back upon my long career , it’s frankly sobering how many once powerful IT companies are no longer around or are shadows of their former selves, e,g, Digital , Wang , Sun Microsystems , BlackBerry.

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How to Transform a “Big, Old” Company into an Agile Digital Business

Irving Wladawsky-Berger

“As consumers, we take digital technologies for granted… We don’t wonder why these things are possible; we simply expect them,” said Designed for Digital a recently published book by Jeanne Ross , Cynthia Beath , and Martin Mocker in its Preface.

The World is Facing a Period of Digital Disorder

Irving Wladawsky-Berger

“Geopolitical competition and government regulations are poised to remake the digital economy,” notes the global consulting firm A.T

The Puzzling Economic Impact of Transformative Technologies

Irving Wladawsky-Berger

The MIT Work of the Future Report

Irving Wladawsky-Berger

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The Productivity Paradox: Digital Abundance and Scarce Genius

Irving Wladawsky-Berger

Despite the relentless advances of digital technologies, productivity growth has been declining over the past decade. Investment and interest rates have remained low, and income has continued to stagnate for the majority of workers in the US and other developed economies.

Free-Market, Free-Trade Capitalism at a Crossroads

Irving Wladawsky-Berger

The global economy has undergone considerable change over the past few decades. Results have been mixed. On the positive side, t he digital revolution has significantly improved the quality of life of billions around the world.

Issues 207

Blockchain - the Networked Ecosystem is the Business

Irving Wladawsky-Berger

A few weeks ago I attended two back-to-back blockchain events in Toronto, - the Blockchain Research Institute All-Member Summit followed by the inaugural Blockchain Revolution Global conference. Both events included a number of excellent talks and panels.

The Third Wave of the Digital Economy - Promises and Challenges

Irving Wladawsky-Berger

“The next wave of digital innovation is coming. Countries can welcome it, prepare for it, and ride it to new heights of innovation and prosperity, or they can ignore the changing tide and miss the wave,” writes Robert Atkinson in The Task Ahead of Us.

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The Digitalization of the American Workforce

Irving Wladawsky-Berger

“Over the past half century, wave after wave of digital innovation has ensured that digitalization - the diffusion of digital technologies into nearly every business and workplace and pocket - has been remaking the U.S.

Skills 192

The Economic Value of Digital Identity

Irving Wladawsky-Berger

Identity plays a major role in our everyday life. It’s the key that determines the particular transactions in which we can rightfully participate as well as the information we’re entitled to access.

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Can AI Help Develop and Execute a Competitive Business Strategy?

Irving Wladawsky-Berger

Redefining Work - Leveraging Human Capabilities in a Future of Expanding Automation

Irving Wladawsky-Berger

How will labor markets evolve in our 21st century digital economy? What’s the likely future of jobs, given that our increasingly smart machines are now being applied to activities requiring intelligence and cognitive capabilities that not long ago were viewed as the exclusive domain of humans?

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Automation and the Changing Demand for Workforce Skills

Irving Wladawsky-Berger

In 2015, the McKinsey Global Institute launched a multi-year study to explore the potential impact of automation technologies on jobs, organizations and the future of work. In the intervening three years, the study has published a number of report on the subject.

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The State of Financial Health Around the World

Irving Wladawsky-Berger

The Gallup Global Financial Health Study was published in May of 2018. The study is based on a survey of over 15,000 people in 10 different countries.

The Business Value of Augmented Reality

Irving Wladawsky-Berger

I recently heard a very interesting presentation at the 2019 MIT CIO Symposium , - Why Companies Need an Augmented Reality Strategy , - by Harvard professor Michael Porter and James Heppelmann , CEO of PTC , an industrial consulting company.

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The Future of Work in the US: A Tale of Multiple Americas

Irving Wladawsky-Berger

The US economy looks good by almost any measure. Unemployment is at historical low levels , forcing employers to raise wages and become more aggressive about hiring and training workers. There are more job openings than unemployed people to fill them. Inflation remains low.

Impact of AI on Government - Opportunities and Challenges

Irving Wladawsky-Berger

A few weeks ago I wrote about Leveraging AI to Transform Government based on a 2018 report by the Partnership for Public Service and the IBM Center for the Business of Government. The report illustrates how government is using AI by describing four use cases being pursued by different agencies.

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The (Updated) Purpose of the US Corporation

Irving Wladawsky-Berger

Issues 181

The Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

PwC recently released a report on the potential economic value of AI to different regions and industry sectors around the world.

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AI and our Social Interactions

Irving Wladawsky-Berger

I recently wrote about the event I attended on February 28 to celebrate the launch of MIT’s Schwarzman College of Computing.

Issues 215

A Quarter Century into the Digital Age

Irving Wladawsky-Berger

The digital age was born around 25 years ago with the public release of the Netscape browser in 1994. The browser made it much, much easier for the average person to access information over the Internet, sparking the explosive growth of users, websites and online applications.

Survey 183

A Novel Method for Measuring the Value of Free Digital Services

Irving Wladawsky-Berger

Gross domestic product (GDP) is the basic measure of a country’s overall economic output, based on the market value of all the goods and services the country produces. Most measures of economic performance used by government officials to inform their policies and decisions are based on GDP figures.

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The Top Ten Emerging Technologies of 2018

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 be potentially disruptive over the next three to five years while also providing significant benefits to economies and societies.

How to Support the Widespread Adoption of AI

Irving Wladawsky-Berger

“Artificial intelligence is reshaping business - though not at the blistering pace many assume,” notes Building the AI-Powered Organization , an article in Harvard Business Review by McKinsey partners Tim Fountaine , Brian McCarthy , and Tamim Saleh in its opening sentence.

AI and the Evolution of History

Irving Wladawsky-Berger

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Despite Their Huge Upside Potential, Why Do Most Platforms Fail?

Irving Wladawsky-Berger

From “Buy What We Have” to “Connected Customer Strategies”

Irving Wladawsky-Berger

Adapting to the ongoing digitization of the economy is one of the key challenges faced by just about every company around the world.

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The Current State of AI Adoption

Irving Wladawsky-Berger

AI is seemingly everywhere. In the past few years, the necessary ingredients have finally come together to propel AI beyond early adopters to a broader marketplace: powerful, inexpensive computer technologies; advanced algorithms; and huge amounts of data on almost any subject.

The Challenges of Automation in a Fast Changing Economy

Irving Wladawsky-Berger

Change 177

Globalization in Transition

Irving Wladawsky-Berger

I recently read two interesting reports on the state of globalization in 2019, one by The Economist, the second by the McKinsey Global Institute. They both agree on the facts, - globalization and global trade have been undergoing considerable changes since the 2008 global financial crisis.

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How We Learned to Prosper Using Fewer Resources

Irving Wladawsky-Berger

“We have finally learned how to tread more lightly on our planet. It’s about time,” writes Andrew McAfee in the Introduction to his new book, More from Less : The Surprising Story of How We Learned to Prosper Using Fewer Resources - and What Happens Next.

Will Humans Be Better Off in an Increasingly AI-Based Future?

Irving Wladawsky-Berger

After decades of promise and hype, artificial intelligence is finally becoming one of the most important technologies of our era. As AI continues to both spread and advance, will it enhance human capacities or will it lessen human autonomy and agency?

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The Impact of AI on the World Economy

Irving Wladawsky-Berger

A few weeks ago I wrote about the economic value of AI based on a recently published report by PwC. The report’s overriding finding was that AI technologies and applications will increase global GDP by up to 14% between now and 2030, the equivalent of an additional $15.7

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Leveraging AI to Transform Government

Irving Wladawsky-Berger

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Is the Digital Revolution At Last Shaking Up Banking?

Irving Wladawsky-Berger

Digital transformations have generally followed three distinct stages. First comes the use of IT to improve the productivity and quality of back- and front-end processes.

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The Puzzling Personal Productivity Paradox

Irving Wladawsky-Berger

The past 10-15 years have seen a number of technology advances, from smartphones to machine learning. Yet, despite these impressive advances, for most of this period economies around the world have been stuck in an era of slow productivity growth.