The State of AI Adoption - High Performers Show the Way

Irving Wladawsky-Berger

For the past few years, the McKinsey Global Institute has been conducting a yearly survey to assess the state of AI adoption. Its 2017 survey of over 3,000 AI-aware executive found that outside the technology sector, AI adoption was at an early, often experimental stage. Overall, the 2018 survey found that while the business world had begun to adopt AI, few companies had in place the foundational building blocks that would help them to generate value from AI at scale.

How to Support the Widespread Adoption of AI

Irving Wladawsky-Berger

Only 8% of firms are engaged in practices that support widespread adoption. To support the widespread adoption of AI, companies must make three fundamental shifts. But during this period of rapid IT growth, US labor productivity grew at only 1.5% You can see the computer age everywhere but in the productivity statistics,” said MIT Nobel Prize laureate economist Robert Solow in 1987, in what’s become known as the Solow productivity paradox.

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Five Ways People Adopt And Love Change

Adaptive Path

Luckily, a communications expert named Everett Rogers looked deep and long at how human beings actually look at and choose to adopt something new and innovative. I love this because Rogers doesn’t look at what sells, but at what actually gets adopted and really, truly used. I’ve found his 5 Factors most useful not near the completion of a program of work, but from the very start to consider onboarding and adoption just as much as a part of the experience as everyday use.

Serving Experience As The Product

Adaptive Path

The experience is the product. Whether we talk about greeting cards, mobile apps, or vacation get-aways, the experience is the product. Directly affecting the experience seems impossible because between you and it are IT systems, operations and processes, departments, and product architectures. Many of the products we spend the most on and spend the most time with are platforms for services.) And in a service-based economy, the experience is the product customers buy.

IT, Productivity and Organizational Capital

Irving Wladawsky-Berger

But, to achieve long term economic growth, as well as gains in our standard of living , the US must also focus on innovation and productivity growth. US labor productivity - “the amount of goods and services that a laborer produces in a given amount of time” - grew at only 1.5% This period of slow productivity coincided with the rapid growth in the use of computers in business, giving rise to the Solow. As the US recovers from the financial.

Leveraging Commercial Best Practices to Maximize Government Productivity

Irving Wladawsky-Berger

On October 6, the Technology CEO Council released its report One Trillion Reasons: How Commercial Best Practices to Maximize Productivity Can Save Taxpayer Money and Enhance Government Services. By harnessing major technological shifts and adopting best business practices, we can not only make our government far more productive, but also foster greater innovation in areas ranging from healthcare to education and energy – innovation that will generate economic growth and job creation. “We

Adopting The No Asshole Rule: Don't Bother If The Words Are.

Bob Sutton

Financial sector: however good the pay, it doesnt buy results | Business | The Observer. James Adams: Good Products, Bad Products: Essential Elements to Achieving Superior Quality. A Cool Old Study » Adopting The No Asshole Rule: Dont Bother If The Words Are Hollow. Listed below are links to weblogs that reference Adopting The No Asshole Rule: Dont Bother If The Words Are Hollow : Comments. Bob Sutton.

Never Underestimate the Power of Education and Enablement

Luis Suarez

Eventually, it’s all about how you come as close as you possibly can to discover and find out plenty more how people really work, how do they do their daily tasks, what they struggle with, what they learn, what gets them stuck, what they do in a heartbeat without too much thinking, what they still consider potentially pernicious pain points to their own productivity and may be what makes it tick for them. Who wouldn’t want to buy into that, right?

I'm sorry, you're just not incompetent enough to get it

Martijn Linssen

But this is the driver for most, if not all, of your life: work, life, religion, politics, social media (sic) and last but certainly not least successful Enterprise products. But herein lies the catch: (traditional) Enterprise software isn't bought by Enterprises, it buys its way in itself. Make a company pay e.g. 1 million for buying a system, another 7 million for adjusting it to his needs, another 0.25 adopt knowledge management marketing maturity social media trust

2016 – The Year I Went Mobile Only with My iPad Pro

Luis Suarez

This one, to quote: ‘ Ten years later, having experienced over that time the joy and increased effectiveness of being a freelancer in charge of my own productivity, […] ’, although I would have added as well the following tidbit: ‘ and computing environment ’. Always looking for that final productivity hack within their own computing environment that may well take one’s own effectiveness into the next level. I just didn’t buy the iPad Pro alone, by the way.

Tools 100

Twitter Is Where Conversations Go To Die

Luis Suarez

Innovation Knowledge Management Knowledge Tools Learning Personal KM Productivity Tools Social Enterprise

My Top 10 Reasons Why I Bought an iPad 2

Luis Suarez

Quality: What can I say about quality that hasn’t been said already about Apple’s products? Yes, good quality products would do that to you. They would also even help you talk about them openly like I am doing over here, so for those vendors out there wanting to delight their clients with their products, start with bringing top quality to them. What makes a good product enchant your customers?

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Flexuosity untangled

Dave Snowden

I’ve used Innovators~Early adopters~Early majority~Late majority~ Laggards with the various percentages over the years although I normally combine the first two and change the percentages a bit, based on that prior DataSciences work. If a new product everyone now wants to be seen with one.

Artificial Intelligence is Ready for Business; Are Businesses Ready for AI?

Irving Wladawsky-Berger

asks McKinsey in a recently published report - Artificial Intelligence: the Next Digital Frontier. “AI adoption outside of the tech sector is at an early, often experimental stage,” is the report’s succinct answer. “Few firms have deployed it at scale.”. Only 20 percent of respondents had adopted AI at scale in a core part of their business. 40 percent were partial adopters or experimenters, while another 40 percent were essentially contemplators.

Buyer/organisation alignment

Dave Snowden

It is all part of the natural life cycle of products and this is the third time I have been through it in my career. You start with the enthusiasts who will buy (and part fund) and idea, then the market shifts and people now less concerned about how you do it, more about what they will get. It contrasts early and late adoption between buyer and organisation. So you have four options: Early adopter buyer in an early adopter organisation.

I Know It When I See It

Andy McAfee

product?&# – are just windowdressing on products that are still essentially geared for Collaboration 1.0. Whose products at present come closest to enabling Web 2.0-style collaboration and interaction in enterprise environments? products that lack the ability to produce “meaningful&# RSS feeds. This all has one mutually beneficial purpose: Businesses want to create the products and services their customers are interested in, in order to be more successful.

Newspapers, Paywalls, and Core Users ? Clay Shirky

Clay Shirky

This may be the year where newspapers finally drop the idea of treating all news as a product, and all readers as customers. Finally, and most recently, were a pair of announcements last month: The Chicago Sun-Times was adopting a new threshold charge , and the Minneapolis Star-Tribune said that their existing one was also working well. Taken together, these events are a blow to the idea that online news can be treated as a simple product for sale, as the physical newspaper was.

Artificial Intelligence is Ready for Business; Are Businesses Ready for AI?

Irving Wladawsky-Berger

asks McKinsey in a recently published report - Artificial Intelligence: the Next Digital Frontier. “AI adoption outside of the tech sector is at an early, often experimental stage,” is the report’s succinct answer. “Few firms have deployed it at scale.”. Only 20 percent of respondents had adopted AI at scale in a core part of their business. 40 percent were partial adopters or experimenters, while another 40 percent were essentially contemplators.

Blockchain and Business Process Transformation

Irving Wladawsky-Berger

One can look at the transformational impact of IT on companies and industries through a variety of lenses, - e.g., products and services, revenue and profit, sales and support, market strategy. It started in the 1960s and 1970s with the automation of standardized, repetitive back-office processes in manufacturing, production and data processing operations like inventory management, financial transactions and airlines reservations. US labor productivity grew at only 1.5%

The Transformative Power of Cloud Computing

Irving Wladawsky-Berger

E arly cloud adopters were mostly focused on improving the economics of IT, giving them the ability to expand their current offerings without major investments in additional IT infrastructure. Instead of having to buy and operate their own computing resources, users could now obtain the IT resources they needed over the Internet on demand, paying for whatever cloud resources they actually used. Smart Products and Services.

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Is Blockchain Now Transitioning to a More Mundane and Useful Era?

Irving Wladawsky-Berger

Most potentially transformative technologies go through the kind of adoption cycles that Orcutt has (metaphorically) compressed into three years. Quite a bit of that hype has now turned into disappointment, - perhaps outright disillusionment, - as people realize that blockchain is still in its early phases of adoption, and much remains to be done if it’s to successfully transition from early adopters to mainstream markets. Pilots will go into production.

The Internet, Blockchain, and the Evolution of Foundational Innovations

Irving Wladawsky-Berger

A disruptive innovation is one that successfully challenges a traditional product or business model with a lower cost solution, typically developed by a small company with few resources. But the adoption process of foundational technologies like blockchain is gradual, incremental and steady, unlike the hockey stick adoption we typically associate with disruptive innovations. What’s the likely adoption process for foundational technologies like blockchain?

Are Instructional Designers Making Themselves Irrelevant?

Xyleme

Staying with a certain concept or product because it has performed adequately or even well in the past makes sense, at least on the surface. We recently spoke to the L&D group at Nielsen—the measurement company famous for letting the world know what consumers watch and buy—who shared with us their moment of truth regarding the need for change and the incredible journey they took to change the way they design and develop content.

Design 211

The Big Shift From Engagement to Passion

John Hagel

It’s because more and more research suggests that engaged employees are substantially more productive than employees who are not engaged in their work. One widely quoted study showed a 21% increase in productivity if employees are engaged in their work. There’s a significant bump in productivity that can be fostering by creating more employee engagement. A more productive workforce can be a significant competitive advantage in the marketplace.

Bridging the World’s Knowledge Divide: Technology + Competition, Skills and Institutions

Irving Wladawsky-Berger

Regulations that promote competition : Lowering the cost of starting firms, avoiding monopolies, removing barriers to adoption of digital technologies, ensuring the efficient use of technology by businesses, enforcement of existing regulations, …. Mishra’s observations bring to mind similar discussions around the impact of technology on business and economic productivity.

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Blockchain and Business Process Transformation

Irving Wladawsky-Berger

One can look at the transformational impact of IT on companies and industries through a variety of lenses, - e.g., products and services, revenue and profit, sales and support, market strategy. It started in the 1960s and 1970s with the automation of standardized, repetitive back-office processes in manufacturing, production and data processing operations like inventory management, financial transactions and airlines reservations. US labor productivity grew at only 1.5%

Blockchain and the Promise of an Open, Decentralized Internet

Irving Wladawsky-Berger

There’s generally a considerable time-lag between the time we start reading articles about their exciting potential and their adoption by companies and industries across the marketplace. You could track the status of your packages, access the latest sports results, check the weather of any city in the world or buy from an online catalog with nothing more than a browser and an Internet connection.

Reinventing Relationships

Irving Wladawsky-Berger

Forty years ago, for example, the computer industry consisted primarily of expensive mainframes and supercomputers that only larger institutions could afford to buy and operate. Until the mid-1990s, the rapid growth in the use of computers in business was not reflected in increased labor productivity. But, in the last fifteen years, there has been a surge in productivity, which economists generally attribute to the continuing advances and wide use of information technologies.

The Startup Version of the Wealth Gap

Irving Wladawsky-Berger

New products and services get discovered and adopted at a speed never seen before, driven by the networked economy and always-on rich communication.”. As a result, adoption happens faster. Freemium models only drive the adoption curves even faster.”. Start-ups no longer have to buy hardware or build data centers. The day Agile software development delivers a finished build, the product or service can go live to the world.

Impact of AI on Government - Opportunities and Challenges

Irving Wladawsky-Berger

To help manage this transformation, government leaders should communicate often with employees to explain the potential of AI to alter their work using concrete examples from early adopters. 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.

The (Uneven) Digitization of the US Economy

Irving Wladawsky-Berger

Digital innovation, adoption, and usage are evolving at a supercharged pace across the US economy,” notes the report in its opening paragraph. “As This gap points to substantial room for much of the economy to boost productivity. The companies with the highest returns on their technology investments did more than just buy technology; they invested in organizational capital to become digital organizations. Build - or buy - the capabilities of the future.

Data 150

The Continuing Evolution of Cloud Computing

Irving Wladawsky-Berger

Early adopters viewed cloud as computing-on-demand. Instead of having to buy and operate their own hardware and software products, users could now obtain the computing resources they needed over the Internet on demand. . I nstead of having to buy computing resources up front, users now had the flexibility of only paying for whatever cloud resources they actually used. .

The race to platform education

George Siemens

But a critical concept is expressed about mid-way through the post: Google+ is a knee-jerk reaction, a study in short-term thinking, predicated on the incorrect notion that Facebook is successful because they built a great product. Facebook is successful because they built an entire constellation of products by allowing other people to do the work. Why buy an LMS when you can buy the educational process?

The Case for eLearning in the Workplace

TOPYX LMS

It also lowers training costs, and promotes a quick adoption of products. Was the first car you ever used borrowed, or did you buy it for yourself? eLearning prevents organizations from having to pay for classroom space, in-person instructors, paper products, and utilities (heat, electricity, water, etc.). Self-Paced Learning Promotes a Quick Adoption of Products. It ensures a quicker adoption of products.

The Modern Mantra: “Instrument, Analyze, Tune”

Andy McAfee

software keeps a constant record of the tiniest details of production, such as the speed of fans in the painting booth. It’s great because it increases the quality and consistency of the products we buy, and lowers their prices (rework and waste are expensive for manufacturers, and instead of eating the costs they pass them on to us). An interesting article by James R.

Data 214

Is Steve Jobs Repeating His Past Mistakes?

Steven Berlin Johnson

The more models of Windows computers, competitively priced, the more people would buy Windows computers. I think there is some truth to what Wright is saying here—everything that Jobs has ever done in his career has suggested that he loves great products more than market share. I think the way Jobs looks at it is this: he built a beautiful, revolutionary machine in the Macintosh, attracted incredible hype for it and passionate early adopters.

PKM in Action. Part 2

Harold Jarche

Both of these methods could be adopted in the professional workplace. The topic could be on anything of interest or an incident they considered useful for others to learn from such as how to check-in baggage, how to deal with “weird” guests, where to buy foreign magazines, what Deepavali which is a Hindu festival coming up in October is all about, and so on – in short, topics that would help them deal with their guests better.”

PKM 154

The Continuing, Transformative Impact of IT

Irving Wladawsky-Berger

billion people will become consumers by 2025, that is, they will earn enough to buy goods and services beyond meeting their basic needs. Local companies and global businesses will develop products and services specifically aimed at these newly enfranchised consumers. With billions rising out of poverty and joining the middle class and a rising global population, we can expect an increased demand for these critical resources as well as for products and services of all kinds.

Data 207

The New Era of US Manufacturing: Good News and Bad News

Andy McAfee

As production expanded after the recession’s end companies started hiring people, and manufacturing employment has (for now at least) stopped its long, steady slide, and has employed a steady percentage of the American workforce for more than two years: US manufacturing employment as a percentage of total employment. “And you had enough money to go out and buy a new car.

News 179

Managing Complex, Disruptive Innovations - Some Lessons Learned

Irving Wladawsky-Berger

You don’t really know how quickly the new innovations will be adopted in the marketplace. Sustaining innovations are different, because you are essentially improving existing products and services while continuing to sell to and support a similar client base. Our main job was to figure out the business value around the Internet, what we should advise our clients to do and what new products and service needed to get developed.

The Datafication of Business and Society

Irving Wladawsky-Berger

But digitalization , - its companion concept which captures the impact of the digital revolution on the economy and society, - has been in use since computers were widely adopted around 60 years ago. Its ensuing digital products have been generating all that data and its drastically lower technology costs have made it possible to store and analyze those oceans of information.

Data 195

How Will AI Likely Impact How We Work, Live and Play?

Irving Wladawsky-Berger

When are we likely to see self-driven vehicles coursing along our streets and highways? “It is not yet clear how much better self-driving cars need to become to encourage broad acceptance,…” notes the AI100 report. “ But if future self-driving cars are adopted with the predicted speed, and they exceed human-level performance in driving, other significant societal changes will follow.”.

System 190

En Route to the Cashless Society

Irving Wladawsky-Berger

He writes about his experiences buying a cappuccino at a coffee house in New York City. Both products were announced last year by the San Francisco-based startup Square. And your smartphones will serve as beacons that will alert a retailer when you walk into its store so that it can recommend products, show you reviews, or direct you to aisle five, where that beanbag chair you didn't buy last week still beckons - and you can now have it for 10% off.” .