The Current State of AI Adoption

Irving Wladawsky-Berger

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. AI is seemingly everywhere.

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. Over the past few years, a number of papers , reports and books have addressed this very important question.

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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. For the 2013 edition, Deloitte chose to break up its findings into five separate reports, each focused on a different topic.

Generations, Social and Enterprise: adopt vs adapt

Martijn Linssen

and Social are about humans, people, change management, radical organisation change, and, in the end, about tools And, on the field of Integration, the theme of adopt versus adapt has always played the most significant role in my working life. Do we adopt the industry standards?

The Blockchain and Open Innovation

Irving Wladawsky-Berger

Transformational innovations don’t always play out as originally envisioned. A 2014 report by the Bank of England notes that the classic ledger that’s been long used in payment systems has not changed much since the 16th century.

The Complex Nature of Cloud-based Innovation

Irving Wladawsky-Berger

I find it helpful to look at cloud along two key dimensions: as a technology to improve IT productivity, and as a platform for enabling business innovation. Only one company in six viewed cloud as a way of fostering business innovation.

Intervention Design: Overcoming Stiff Resistance to a New, Disruptive Innovation

Irving Wladawsky-Berger

With four articles on the subject, HBR ’s overriding message is that design is no longer just for physical products, being increasingly applied to customer experiences, innovation, business strategy, and complex problem solving. .

Innovation in Higher Education

Irving Wladawsky-Berger

Moreover, while the overall unemployment rate remains over 9 percent, a recent McKinsey report found that employers are having trouble filling specific positions because they could not find applicants with the right skills. The report projects that if economic conditions improve, there will be a shortage of 1.5 The report is written by Clayton Christensen , Michael Horn , Louis Caldera and Louis Soares. Disruptive innovations are based on two main ingredients.

Life Without eMail – 5th Year Progress Report – The Community, The Movement

Luis Suarez

Indeed, instead of focusing on the whole world, which may have been a bit too ambitious and perhaps over demanding on everyone as in too large to cover, I am switching gears and instead adopt a new mantra towards it: Life Without eMail. .

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A Conversation on Innovation

Stephen Downes: Half an Hour

Re: the negative side of innovation, there's a prettyconsistent assessment of innovation & technology, a pretty consistentstatement, by the youth in the occupy movement. If we go one step beyond innovation, we have actuallyreached a cusp in the west. Does the general population support innovation? We need to start thinking about 'innovation' and'Innovation'. Andas long as innovation is tech development, not social development, we willleave them behind.

Innovation in an Age of Austerity

Irving Wladawsky-Berger

On December 7 I participated in an Innovation Summit sponsored by the UK Innovation Research Centre (UK-IRC) at the University of Cambridge. The UK-IRC is “a collaborative initiative for cutting-edge research and knowledge exchange activities on how innovation can make businesses more competitive, improve public services delivery and help the UK meet the social, environmental and economic challenges it faces.”

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. The report’s overriding finding is that AI is the biggest commercial opportunity for companies, industries and nations over the next few decades.

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Blockchain - the Networked Ecosystem is the Business

Irving Wladawsky-Berger

Their presentation was based on their recently published report Building your blockchain advantage. For example, e-mail and the Web played a crucial role in the mainstream adoption of the Internet in the early-to-mid 1990s.

Why Innovation is Critical to Help Governments Adjust to the Realities of the 21st Century?

Irving Wladawsky-Berger

As shown in this chart published in March of 2011 as part of a special report on The Future of the State by The Economist , the average government spending as a percentage of GDP in thirteen rich world countries went from 26 percent in 1960 to 45 percent in 1990 and 48 percent in 2009. Given that these countries are confronted with aging populations, low birth rates and slow economic growth, the special report argues that the continuing growth of government is no longer sustainable.

Why Some AI Efforts Succeed While Many Fail

Irving Wladawsky-Berger

Winning with AI , - a 2019 report based on a survey jointly conducted by the MIT Sloan Management Review and the Boston Consulting Group , - found that 90% of respondents agree that AI represents a business opportunity for their company.

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The State of AI in the Enterprise

Irving Wladawsky-Berger

Davenport was a co-author of both reports. All of these respondents were early AI adopters compared with their counterparts in an average company, - 90% were directly involved in their company’s AI projects, and 75% said that they had an excellent understanding of AI.

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

Bob Sutton

The ergonomics of innovation -- The McKinsey Quarterly. interview Pixar Brad Bird - Innovation lessons from Pixar Director Brad Bird - Strategy - Innovation - The McKinsey Quarterly. Management maxims in need of a makeover - US News and World Report. Customer-Focused Innovation. David A Owens: Creative People Must Be Stopped: 6 Ways We Kill Innovation (Without Even Trying). McCraw: Prophet of Innovation: Joseph Schumpeter and Creative Destruction.

Automation and the Changing Demand for Workforce Skills

Irving Wladawsky-Berger

In the intervening three years, the study has published a number of report on the subject. Based on an analysis of around 2,000 work activities across 800 different occupations, the report concluded that “fewer than 5 percent of occupations can be entirely automated using current technology.

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The Economic Value of Digital Identity

Irving Wladawsky-Berger

A few weeks ago, the McKinsey Global Institute released Digital Identification : A key to inclusive growth, a comprehensive report at over 100 pages that examined the state of digital identities around the world. Identity plays a major role in our everyday life.

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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.”.

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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.

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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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Is Blockchain Ready to “Cross the Chasm”? Lessons from the Internet

Irving Wladawsky-Berger

Earlier this year, IBM conducted the largest study to date on the state of adoption of blockchain. With such technologies, you typically have a relatively small number of early adopters. The Internet’s early adopters arrived in two phases.

The Jobs Outlook for 2022

Irving Wladawsky-Berger

A few weeks ago, the World Economic Forum (WEF) released The Future of Jobs Report 2018. T he report takes an in-depth look at the world of work in what the WEF calls the Fourth Industrial Revolution.

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The Impact of Automation on Everyday Life

Irving Wladawsky-Berger

This past October, the Pew Research Center released Automation in Everyday Life , a report on what Americans think about advanced technologies like artificial intelligence and robotics, and the impact they expect them to have on their everyday lives.

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An Agile, Incremental Approach to Business Process Automation

Irving Wladawsky-Berger

According to a 2017 Forrester report , the RPA market is expected to grow from $250 million in 2016 to around $3 billion in 2021. . As cognitive intelligence tools like IBM’s Watson are adopted, those will be game changers, too.

The Economic Potential of The Internet of Things

Irving Wladawsky-Berger

The myriad possibilities that arise from the ability to monitor and control things in the physical world electronically have inspired a surge of innovation and enthusiasm,” writes McKinsey in a June, 2015 report - The Internet of Things: Mapping the Value Beyond the Hype.

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A Quarter Century into the Digital Age

Irving Wladawsky-Berger

A few months ago, the McKinsey Global Institute published Twenty-five Years of Digitization , a report offering ten insights to help business leaders navigate this still relatively new digital world.

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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. Let me summarize the report’s five key findings.

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The Slow, Steady March Towards Digital Money

Irving Wladawsky-Berger

As in previous years, the Symposium convened a group of leaders in their field to explore the state of adoption of digital money and its economic and societal impacts around the world. . Digital money adoption is a slow changing, long haul commitment. .

Blockchain Beyond the Hype

Irving Wladawsky-Berger

A recent issue of The Economist included a special report on cryptocurrencies and blockchains. Blockchain is still in its early phases of experimentation and adoption.

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The Productivity Paradox: Digital Abundance and Scarce Genius

Irving Wladawsky-Berger

Some contend, - most prominently Northwestern University economist Robert Gordon , - that over the past few decades there’s been a fundamental decline in innovation and productivity.

The Digital Evolution Index

Irving Wladawsky-Berger

The report, - based on a research study by the Fletcher School in collaboration with MasterCard * , - explores the economic transformations taking place around the world as countries continue their evolution toward the 21st century digital age. Innovative hybrids.

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Cloud Computing and the Supply Chain of Services

Irving Wladawsky-Berger

Early cloud adopters were mostly focused on improving the economics of IT, giving them the ability to launch new offerings or expand their current ones without major investments in additional IT infrastructure while paying for whatever cloud resources they actually used.

Blockchain and Business Process Transformation

Irving Wladawsky-Berger

In their 2009 book Wired for Innovation: How Information Technology is Rewiring the Economy , Erik Brynjolfsson and Adam Saunders introduced the concept of organizational capital as the necessary critical ingredient that enabled a company to take full advantage of major technology advances.

AI and the Productivity Paradox

Irving Wladawsky-Berger

Some have argued, - - most prominently Northwestern University economist Robert Gordon , - that over the past few decades there’s been a fundamental decline in innovation and productivity. “We B eyond the relatively small number of early adopters, AI is still in the experimental stage.

Digital Twin: Bringing the Physical and Digital Worlds Closer Together

Irving Wladawsky-Berger

The myriad possibilities that arise from the ability to monitor and control things in the physical world electronically have inspired a surge of innovation and enthusiasm,” said a 2015 McKinsey report on the Internet of Things.

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

Irving Wladawsky-Berger

The WEF report compared blockchain to the Internet, noting that “Like the Internet, the blockchain is an open, global infrastructure upon which other technologies and applications can be built.

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The (Uneven) Digitization of the US Economy

Irving Wladawsky-Berger

Can digital innovation drive long term economic growth? Several weeks ago, the McKinsey’s Global Institute (MGI) published a report addressing these questions. Let me discuss a few of the findings in this extensive report. Take advantage of new innovation models.

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A Framework for Building AI Capabilities

Irving Wladawsky-Berger

But, despite its market acceptance, a recent McKinsey report found that AI adoption is still at an early, experimental stage, especially outside the tech sector. The report adds that the gap between the early AI adopters and everyone else is growing.

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Realizing the Potential of the Digital Economy

Irving Wladawsky-Berger

Last year, for example, Tuft’s Fletcher School of Law and Diplomacy , - in collaboration with MasterCard , - published a report on the digital journey being pursued by each of 50 advanced and developing countries.

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Solow Paradox 2.0: The Lagging Impact of Technology Advances on Productivity Growth

Irving Wladawsky-Berger

Labor productivity growth is near historic lows in the United States and much of Western Europe,” noted Solving the Productivity Puzzle , a report published earlier this year by the McKinsey Global Institute (MGI). Fewer workers is one of the key reasons for our stagnant economic growth.

The Future of Financial Services

Irving Wladawsky-Berger

By analyzing the earliest recorded transactions, researchers believe that writing evolved in ancient Mesopotamia thousands of years ago, as an innovation to keep track of financial records. Periods of rapid ICT and FS innovation are followed by lengthy periods of stability and consolidation.

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