The Simple, Economic Value of Artificial Intelligence
APRIL 24, 2017
Similarly, the economic value of the Internet revolution can be described as reducing the cost of communications and of search, thus enabling us to easily find and access all kinds of information, - including documents, pictures, music and videos.
The Competitive Value of Data: From Analytics to Machine Learning
JANUARY 31, 2017
AI-based tools are enhancing our own cognitive powers, helping us process vast amounts of information and make ever more complex decisions. A recent article by NY Times reporter Steve Lohr discussed the rising importance of data as a major competitive differentiator.
Becoming a Data-Driven Business: Challenges and Opportunities
DECEMBER 19, 2016
Big data ,- including analytics , data science , artificial intelligence and related information-based technologies - are now everywhere. “Is Big data has been rising rapidly for the simple reason that there’s so much more digital information than ever before.
What’s the Value of Blockchain?
APRIL 17, 2017
Each piece of information provides critical data points that could potentially reveal food safety issues with the product. This helps assure that all information about the item is accurate.”. A few weeks ago I attended the IBM Blockchain Summit 2017 in New York.
Corporate Survival: Lessons from Biology
JANUARY 26, 2016
Within a company, integration across business units or geographical regions can enhance information flows, efficiency gains, and innovation. Having lived through IBM’s near-death experience in the early 1990s, respect for the forces of the marketplace is edged deep in my psyche.
Digital Identity - the Key to Privacy and Security in the Digital World
AUGUST 29, 2016
the primer starts out by asking. “In an increasingly borderless and digital world, privacy and security cannot be ensured through the construction of walls around sensitive information.
The Datafication of Business and Society
JUNE 9, 2015
Their 2013 Foreign Affairs article does a very good job of articulating why “big data marks the moment when the information society finally fulfills the promise implied by its name.” These commercial applications dealt mostly with structured information in those early decades of computing.
The Importance of Empathy in Our Services-Centric, People-Oriented Economy
OCTOBER 6, 2015
Technology has empowered individuals, giving them access to huge amounts of information only a few clicks away.
Trust and the On-Demand Economy
DECEMBER 22, 2015
Over the past few decades, the firm has been going through dramatic changes , driven by both advances in information technologies and the heightened competitive pressures brought about by globalization.
Becoming a 21st Century Digital Tinkerer
JULY 28, 2015
Learning systems today primarily push information to students. However, the Internet now allows students to pull information and resources to them in the moment. I like to tell people that the key to being and/or sounding smart is to hang out with smart people.
Open Innovation 2.0
MARCH 27, 2017
I recently read Twelve Principles for Open Innovation 2.0 , an article published last year in Nature by Martin Curley.
Disruptive Innovation Revisited
JULY 9, 2014
Is our digital technology revolution similar to these previous ones, or is it leading to a very different digital economy and information-based society ? .
The Future of the Globally Integrated Enterprise
FEBRUARY 13, 2017
At the same time, the explosive growth of the Internet accelerated the ability to integrate business processes, information and workforce around the world, leading companies to outsource production and services operations to global supply chain partners. .
Learning to Apply Data Science to Business Problems
DECEMBER 29, 2015
All these data is enabling us to better understand the world’s physical, economic and social infrastructures, and to infuse information-based intelligence into every aspect of their operations.
Technological Unemployment and the Future of Work
NOVEMBER 3, 2015
So do white-collar, information-based activities like accounting, record keeping, dealing with simple customer service questions, and many kinds of administrative tasks.
Design Thinking and the Workplace Experience
OCTOBER 27, 2015
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.
Has AI (Finally) Reached a Tipping Point?
OCTOBER 24, 2016
Instead of trying to program computers to act intelligently, the field embraced a statistical, brute force approach based on analyzing vast amounts of information with powerful computers and sophisticated algorithms.
Competing Against “Digital Invaders”
OCTOBER 4, 2016
The Evolution of the Internet of Very Smart Things
OCTOBER 15, 2014
Both advertising and marketing data are affected by the unique quality of markets in information: the marginal cost of additional capacity (advertising) or incremental supply (user data) is zero.” .
The Growing Importance of Storytelling in the Business World
MARCH 13, 2017
Over the past decades, we’ve been moving to a world where information of all kinds is increasingly digital, and where many different kinds of online transactions are now taking place between people, institutions, and things.
Blockchain Can Reshape Financial Services… But it Will Take Significant Time and Investment
SEPTEMBER 19, 2016
The Fourth Industrial Revolution
FEBRUARY 23, 2016
The Fourth Industrial Revolution: what it means, how to respond was the central theme of the 2016 World Economic Forum (WEF) that took place earlier this year in Davos, Switzerland.
AI and Public Policy
JANUARY 23, 2017
AI was reborn in the 1990s by embracing our current data-driven paradigm based on analyzing vast amounts of information with powerful computers and sophisticated algorithms.
The Rise of the T-Shaped Organization
DECEMBER 15, 2015
It cannot be based on rigorous information analysis, because with new strategies, there is little information to analyze in their early stages.
The Puzzling Technology Adoption Discrepancy Between Individuals and Institutions
DECEMBER 11, 2013
In their personal lives, individuals are enthusiastically harnessing the power of rapid technological advances and the information flows they unleash to create more value.
The (Uneven) Digitization of the US Economy
JANUARY 19, 2016
The ICT (information and communications technologies) sector is the engine of digitization for the broader economy. A similar conclusion was reached by Erik Brynjolfsson and Adam Saunders in their 2009 book Wired for Innovation: How Information Technology is Reshaping the Economy.
The Internet, Blockchain, and the Evolution of Foundational Innovations
JANUARY 17, 2017
Users could now easily get whatever information they wanted any time, day or night.
The Coming Robotics Revolution
MARCH 8, 2016
Personal computers, wireless technology, smartphones, and easy-to-download apps have already democratized access to information and computation and transformed the way people live and work.
Is FinTech Forcing Banking to a Tipping Point?
APRIL 11, 2016
How about the banking industry, which has long been a major user of information technologies, - including back- and front-office automation, ATM’s, Internet banking, data-driven risk management, fraud detection, and mobile financial apps?
The Continuing, Transformative Impact of IT
JUNE 12, 2013
Last month, the McKinsey Global Institute published Ten IT-enabled business trends for the decade ahead. As is generally the case with McKinsey, this is a well researched, well written report. There are few surprises.
Leadership in a Changing World
FEBRUARY 2, 2016
Fearlessness & Knowing : Key here is to avoid hubris and overconfidence by encouraging a diversity of views and open debate, and strongly challenging the information and advice they’ve been given to make sure it stands up to scrutiny.
Blockchain - Once Again, the Technological Genie Has Been Unleashed from its Bottle
AUGUST 22, 2016
It has been great for reducing the costs of searching, collaborating, and exchanging information… Overall, the Internet has enabled many positive changes - for those with access to it - but it has serious limitations for business and economic activity.”.
Beyond GDP - Measuring Value in a Service-oriented, Information-based, Digital Economy
APRIL 3, 2013
Most measures of economic performance used by government officials to inform their policies and decisions are based on GDP figures. We see the influence of the information age everywhere, except in the GDP statistics. Don’t we have access to more information than ever before?” .
The Analog Foundations of the Digital Revolution
MAY 2, 2016
We find ourselves in the midst of the greatest information and communications revolution in human history,” notes the report in its Foreword. “More than 40 percent of the world’s population has access to the internet, with new users coming online every day.
The Continuing Evolution of the On-Demand Economy
JULY 21, 2015
made lots of information accessible to individuals, but control remained mostly in the hands of institutions. Now, the on-demand phase of the Internet economy is enabling individuals to go way beyond sharing information. . “An
The President’s Commission on Enhancing National Cybersecurity
MAY 23, 2016
To gather the necessary information for its short- and long-term recommendations, the Commission is holding public meetings around the country, each focused on a different sector of the economy.
The Collaborative, Sharing Economy
AUGUST 14, 2013
In the first phase, the Web made lots of information accessible to individuals, but control remained primarily in the hands of institutions.
Preparing Students for an Increasingly Complex Business World
DECEMBER 23, 2014
By combining qualitative and quantative information the study confirmed that companies indeed require skills beyond what engineering, MBA programs and communication schools are currently teaching. .
Reflections on Storytelling
APRIL 17, 2013
The universal reach and connectivity of the Internet were enabling access to information and transactions of all sorts for anyone with a browser and an Internet connection. We have to absorb oceans of information.
Can AI Help Translate Technological Advances into Strategic Advantage?
MAY 17, 2016
This has been a particular issue with information technologies in general, including the Internet and AI. We believe that the integrated strategy machine can do for information technology what new factory designs did for electricity.