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. Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

The Puzzling Technology Adoption Discrepancy Between Individuals and Institutions

Irving Wladawsky-Berger

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. This discrepancy in technology adoption has been observed for the past few years.

Trending Sources

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?

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. Many of the products we spend the most on and spend the most time with are platforms for services.) Serving experience as the product.

The connected enterprise adoption curve

Harold Jarche

Mental models, behaviours and formal systems remain stubbornly resistant to change. But it’s those pesky “mental models, behaviours and formal systems” that still stand in your way of becoming an open, connected enterprise. These are the early adopters. [First.]

Learning Content Management Systems (LCMS) for Managing Course Assets

Tony Karrer

Along the way, a lot of the LCMS products on the market have become more about a kind of authoring approached with content stored in a database that is transformed into courseware. They also handle asset management, but I really have not been seeing the kind of large scale adoption of LCMS products for that purpose. Without an eLearning Strategy defined and the specific objectives defined, then you can’t possibly figure out the right systems.

Real Profitability Part II: classical System Integrators

Martijn Linssen

Still, the quest continues, and this post contains the same calculations for the classical system integrators: Accenture, Capgemini, Logica and Atos Origin. One would expect consulting to be the product for these companies, and training / education being the R&D.

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.”. AI is now seemingly everywhere.

Digital Twin: Bringing the Physical and Digital Worlds Closer Together

Irving Wladawsky-Berger

A Digital Twin is essentially a computerized companion to a real-world entity, be it an industrial physical asset like a jet engine, an individual’s health profile, or a highly complex system like a city. A few weeks ago I first learned about a relatively new concept - Digital Twin.

Becoming a Data-Driven Business: Challenges and Opportunities

Irving Wladawsky-Berger

It took several decades for electric appliances, the assembly line and mass production to emerge and help create whole new industries. A piece of data may yield nothing, or it may yield the key to launching a new product line or cracking a scientific question.

Data 87

What’s the Value of Blockchain?

Irving Wladawsky-Berger

Blockchain has the potential to transform our economic and social systems, but such a transformation is still many years away. Lest we forget, TCP/IP , - the communications protocol that defines the Internet to this day, - was first adopted in the mid-1980s.

The Top Ten Emerging Technologies of 2016

Irving Wladawsky-Berger

2D Materials — “Plummeting production costs mean that 2D materials like graphene are emerging in a wide range of applications, from air and water filters to new generations of wearables and batteries.”.

The Evolution of the Internet of Very Smart Things

Irving Wladawsky-Berger

These systems were optimized for simplicity and flexibility, and their graphical user interfaces led to many innovative applications, including the new web-based applications in the 1990s. Connectivity and intelligence are a means to a better product and experience, not an end.” .

Data 116

Platforms, Blockchains, and the Evolution of Trust

Irving Wladawsky-Berger

All kinds of on-demand products and services are now coming to market. Its competitive advantage is its Internet-based reputation systems for trust between hosts and guests, based on the ratings of over 200 million guests.

The Continuing, Transformative Impact of IT

Irving Wladawsky-Berger

Local companies and global businesses will develop products and services specifically aimed at these newly enfranchised consumers. Major technology innovations and global collaborations are needed to help us evolve to an economy based on more sustainable production and consumption patterns.

Trends 134

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.

Data 84

The Economic Potential of The Internet of Things

Irving Wladawsky-Berger

It applied a bottom-up modeling methodology to estimate the potential economic value of these various applications, including productivity improvements, time savings, better asset utilization and reduced accidents. . Data is absolutely essential to IoT systems.

Should Your Company Get on the Blockchain Learning Curve Now or Wait?

Irving Wladawsky-Berger

I explored this question by comparing blockchain today to the Internet in the early-mid 1990s, which is roughly when the Internet made its own transition from early adopters to mainstream users. It’s still in its early adopters stage, - perhaps akin to the Internet in the late1980s.

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. .

Serious AI Challenges that Require Our Attention

Irving Wladawsky-Berger

Police agencies hope to do more with less by outsourcing their evaluations of crime data to analytics and technology companies that produce predictive policing systems. Despite wide adoption, predictive policing is still in its infancy, open to bias and hard to evaluate…”.

Open Innovation 2.0

Irving Wladawsky-Berger

Their scientists and engineers came up with a variety of technology breakthroughs and inventions, including the transistor, the laser, the UNIX operating system, the personal computer, DRAM, disk drives, relational data bases and many more.

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. Smart Products and Services.

Data 86

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. Incompetence is the driver for all the systems around us. Your political system ? Your religious system

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. Collaboration, co-creation, co-production.

Design 102

The Evolution of Design Thinking

Irving Wladawsky-Berger

It’s no longer just for products. The application of design thinking beyond products, - in innovation, problem solving and business strategy, - isn’t new. The shift isn’t about aesthetics or product development. “It’s Adopting this perspective isn’t easy.

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.

Data 126

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. Incremental investments in productivity don’t drive growth.

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. .

Report 127

The Fourth Industrial Revolution

Irving Wladawsky-Berger

T he First , - in the last third of the 18th century, - introduced new tools and manufacturing processes based on steam and water power, ushering the transition from hand-made goods to mechanized, machine-based production.

The Future of Financial Services

Irving Wladawsky-Berger

Given its intangible character, it’s not surprising that advances in information and communication technologies (ICT) have in turn led to advances in the way we deal with money and payments, as well as with identity, trust and other key attributes of a well-functioning financial system.

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

Bob Sutton

The Observer | Business | You could be a genius - if only you had a good system. 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.   I wanted to know if the reward and prestige systems already supported the rule, and if not, how they were going to change things.  Bob Sutton.

The Internet, Blockchain, and the Evolution of Foundational Innovations

Irving Wladawsky-Berger

Contracts, transactions, and the records of them are among the defining structures in our economic, legal, and political systems. Blockchain has the potential to transform our economic and social systems. It has the potential to become the system of record for all transactions.

Two-Speed IT Architectures

Irving Wladawsky-Berger

These older companies have to both leverage the back-end systems, processes and overall capabilities that have served them well over the years, while adopting innovative consumer-facing technologies to enhance their customers’ experiences. Digital Product Management .

The Rise of the T-Shaped Organization

Irving Wladawsky-Berger

Operational excellence entails improving the existing products and services of the company with incremental innovations that will add new features, lower costs and improve quality.

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

Irving Wladawsky-Berger

Perceptual algorithms for functions such as image labeling, and 3D object recognition, while common at AI conferences, are still only a few years into development as products.”.

Big-Bang Disruptions: The Innovator’s Dilemma in the Digital Economy

Irving Wladawsky-Berger

Companies are now able to create products that are simultaneously better, cheaper and more appealing than those of competitors. As a result , “entire product lines and whole markets are now being created or destroyed overnight.” Industry leaders are often blindsided by such innovations, because their attention is focused on their existing products and customers. “No But now entire product lines - whole markets - are being created or destroyed overnight.

The Blockchain and Open Innovation

Irving Wladawsky-Berger

Until the early 1990s, it was quite difficult to get different IT systems to talk to each other. Just sending an e-mail across two different applications from two different vendors was quite a chore, as was sharing information across disparate systems.

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. .

The Analog Foundations of the Digital Revolution

Irving Wladawsky-Berger

This is evident in the many new kinds of products and services we’ve seen over the past 20 years, including e-commerce platforms, digital payment systems, e-books, streaming music, social media, and on-demand companies.

Class 70

The Evolving Automotive Ecosystem

Irving Wladawsky-Berger

Smart, connected products are reshaping industry boundaries and forcing companies to ask themselves a fundamental question: What business am I really in? . As products become software-intensive and connected, complexity follows.