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.

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. Two recent reports concluded that, over the next few decades, AI will be the biggest commercial opportunity for companies and nations. Overall, the business world is beginning to adopt AI. AI is seemingly everywhere.

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How to Support the Widespread Adoption of AI

Irving Wladawsky-Berger

A number of studies agree that AI is the biggest commercial opportunity for companies and industries over the next 10-15 years. Two recent reports by McKinsey and PwC respectively concluded that AI has the potential to incrementally increase global economic output between now and 2030 by an additional $13 to $15 trillion. Only 8% of firms are engaged in practices that support widespread adoption. But during this period of rapid IT growth, US labor productivity grew at only 1.5%

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?

AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. This puzzling contradiction is addressed in Artificial Intelligences and the Modern Productivity Paradox , a working paper recently published by the National Bureau of Economic Research (NBER). Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

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. 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. We’ve been living in a time of major transformative technologies, - the Internet, smartphones, IoT, big data, AI - whose deployment and impact on productivity growth are still lagging.

AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. This puzzling contradiction is addressed in Artificial Intelligences and the Modern Productivity Paradox , a working paper recently published by the National Bureau of Economic Research (NBER). Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

Webinar Software - Adoption Advice

Clark Quinn

Good question about adoption of webinar software / services - this time from someone who went to my workshop in Cincinnati - Revolution in Workplace Learning - who by the way - called it "awesome." Here's the question: We are currently moving toward web-based training for an external audience and have been experimenting with a modest product called Ready Talk. We are considering moving to other products such as Adobe Connect.

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. . A World Without eMail – Year 5 – Progress Report. Here’s the full report of the entire year, where you can see the maximum number of emails received for one day, and the minimum.

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Webinar Software - Adoption Advice

Tony Karrer

Good question about adoption of webinar software / services - this time from someone who went to my workshop in Cincinnati - Revolution in Workplace Learning - who by the way - called it "awesome." Here's the question: We are currently moving toward web-based training for an external audience and have been experimenting with a modest product called Ready Talk. We are considering moving to other products such as Adobe Connect.

The Link Between BYOD and Increased Productivity

TOPYX LMS

Accessing mission critical information, including eLearning and other online learning resources, with an employee’s own device whenever and wherever they may be reduces a barrier that limits adoption and engagement. A BYOD policy also makes it easy for employees to access corporate data and online training materials, which can increase productivity. Of all the benefits listed here, increased productivity usually pleases company leaders most.

Business or Pleasure? - why not both: The product-to-service.

Martijn Linssen

why not both Home About Contact Saturday, 21 August 2010 The product-to-service financial ratio Yesterday I saw a tweet by Frank Scavo : Chatting with a vendor about implementation cost to software license cost ratios. Because the product is more expensive. " Business or Pleasure? -

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. The Foundation index, measures the fast moving advances in technology performance and adoption, as well as the shifts of global public policy that are reducing the barriers to entry and movement. For the 2013 edition, Deloitte chose to break up its findings into five separate reports, each focused on a different topic.

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. The report identifes a set of recommendations aimed at reducing US government spending by one trillion dollars over the next decade. But for both public and private, the more productive and efficient the operations, the more can be delivered at the lowest cost.

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

Bob Sutton

Management maxims in need of a makeover - US News and World Report. 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. I'm just wondering who "polices" the rule if a company adopts it.

A cool new (free!) productivity tool | Daniel Pink

Dan Pink

Personal Productivity (14). productivity tool At the heart of most organizations is a disconnect. It’s not a magic elixir for anybody’s productivity woes. Browse Similar Posts: Motivation , Personal Productivity , Tools. This is a great tool, productivity tracking = awesome! We praise each other for being so productive and forgive each other when the day wasn’t as fruitful as we’d hoped. Dan, I currently do this weekly with my reports.

Business or Pleasure? - why not both: From profitability to.

Martijn Linssen

I went through all companies and reports again, and took my time, doublechecking and cross-comparing all figures. Subscribe Top Posts Generations, Social and Enterprise: adopt vs adapt Enterprise 2.0: Adopt vs adapt Microsoft and Cloud - they just don't get it, do t.

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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Edge Perspectives with John Hagel: Gladwells Cellular Church

John Hagel

They adopted and refined the technique of organizing in small cells to achieve change. As Gladwell reports, Warren’s great talent is organizational. People are also becoming more involved in the production and creation of the items that are most meaningful to them.

Google Plus – One Social Networking Tool to Rule Them All

Luis Suarez

Like I have mentioned yesterday, it’s been a few days already since I jumped the shark and joined the bunch of early adopters who have been hammering down, and taking for a spin, the latest iteration of Google to get social with Google Plus , right after Google Wave and Google Buzz. and all along it’s been quite exciting being ahead of the curve from other waves of adopters or the mainstream itself.

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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. 63% of respondents had adopted machine learning, an increase of 5% over the 2017 survey and 50% were using deep learning. Early AI adopters struggle with an array of basic challenges.

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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.

Survey 220

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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Reflections from 2011 – A World Without Email – The Documentary

Luis Suarez

( WARNING : I do realise that I have already included a warning and word of caution throughout this article about the length of it, but I thought I would let folks know as well how if you would just want to check out the yearly progress report you would just need to read the first section and move on to other things. I mean, the progress report, because the initiative itself has been working wonderfully all right all along. A World Without Email – The Progress Report.

Snap Bird – Experimenting with Curation of Live Tweeting at Conference Events

Luis Suarez

One of the many activities I keep enjoying quite a bit over the course of the years with regards to social networking is its innate ability to experiment and play with social technologies in order to figure out new use cases, proofs of concept, additional bursts of productivity, new business uses, etc. Innovation Knowledge Management Knowledge Tools Learning Personal KM Productivity Tools Social Enterprise Travelling

Blockchain - the Networked Ecosystem is the Business

Irving Wladawsky-Berger

Their presentation was based on their recently published report Building your blockchain advantage. The essence of blockchain, notes the report , is that the unit of competition is the networked ecosystem , no longer a single enterprise. “As blockchain adoption continues to gather momentum, organizations must approach their blockchain strategies with the same rigor and commitment as any other new and transformative strategies.

Why We Need the New News Environment to be Chaotic ? Clay Shirky

Clay Shirky

Pew recently reported that advertising revenue rebounded in 2010 for all forms of media, except newspapers. The intuition common to such proposals is that advertising revenues can no longer be relied on to fund serious reporting. You just have to demand, and be willing to pay for, a news product worthy of your affections. When a paper fires reporters or closes outright, it further weakens that fabric. * * *. Clay Shirky. « Free speech Is Not A Pony.

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The Soft Skills of Collaboration and The Social Enterprise

Luis Suarez

Use It To Drive A Successful Social Business &# where she comes to confirm what a whole bunch of us have been saying all along for a while now; that for an Enterprise to succeed in living social culture is going to play a key role at the same time that online communities will continue to be the major drivers of social software adoption, both inside and outside of the firewall. IBM Innovation Knowledge Management Knowledge Tools Learning Personal KM Productivity Tools Social Enterprise

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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.”. The report is based on a survey of over 3,000 AI-aware C-level executives across 10 countries and 14 sectors. Only 20 percent of respondents had adopted AI at scale in a core part of their business.

The Urgent Need to Strengthen the Nation’s Resilience

Irving Wladawsky-Berger

These included a significant expansion of government support for scientific research in universities and R&D labs, leading to product innovations from the private sector and better weapons from the defense industry, - and making the US the most prosperous and secure nation in the world. Something similar could happen to a company or economy too dependent on a few products, industries, processes or business models. Digitization and AI adoption.

Price 175

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. A previous McKinsey report estimated that digitization, automation and AI have the potential to incrementally add around $13 trillion by 2030 to global GDP, as their productivity gains are reinvested to create major new business opportunities.

Survey 140

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.

Skills 255

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. The report analyzes the long term economic potential of IoT, and uses this analysis to estimate the economic value of several IoT-based solutions by 2025.

Data 204

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.

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. . Last year’s symposium introduced the Digital Money Readiness Index , a set of global metrics to help quantify digital money adoption based on various measures of socio-economic development. Digital money adoption is a slow changing, long haul commitment. .

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.

The Global Business Environment: Success or Struggle?

Irving Wladawsky-Berger

The first Shift Index report came out in 2009 and has been updated three times since. . The 2013 version consists of five separate reports, each focused on a different topic. A few weeks ago I wrote about one of them, The burdens of the past , which dealt with the growing gap between individuals and institutions in their adoption of knowledge-sharing technologies. I now want to discuss another 2013 report, Success or Struggle?

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.”. The report is based on a survey of over 3,000 AI-aware C-level executives across 10 countries and 14 sectors. Only 20 percent of respondents had adopted AI at scale in a core part of their business.

Automation and Employment in the 21st Century

Irving Wladawsky-Berger

In January, the McKinsey Global Institute published A Future that Works: Automation, Employment and Productivity , the results of a two year study of automation technologies and their potential impact on jobs over the next several decades. McKinsey’s comprehensive report, - over 130 pages, - is the most detailed analysis I’ve seen on the subject. The report explains in great detail the key findings that led to this overall conclusion.

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.

Survey 188

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%

An Agile, Incremental Approach to Business Process Automation

Irving Wladawsky-Berger

Companies were able to engage in their core activities in a more productive way by web-enabling their back-end systems, that is, linking their web front-ends to the presentation services of their back-end applications.

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. Based on a survey of over 3,000 AI-aware C-level executives across 10 countries and 14 sectors, the report found that 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 still waiting to take their first steps.

Data 159