What business leaders need to know about artificial intelligence

artificial intelligence

Artificial Intelligence isn’t coming for your job — yet. But leaders do need to understand how machine learning, natural language processing, and other intelligence will impact your business.

Artificial intelligence dominates the headlines, part promise, and part specter, as society grapples with how technology is changing the way we work and live.

Both hypes about AI’s immediate potential and fear about its effects are exaggerated, according to MIT Sloan professor Thomas W. Malone, director of the MIT Center for Collective Intelligence.

A realistic understanding of artificial intelligence and the promise of robotics, machine learning, and natural language processing is increasingly important for businesses. The 2018 AI Index report found increased interest in the topic around the world, including substantial increases in AI research, investment in AI startups, enrollment in AI college courses, and jobs that require deep learning skills.

“A lot of senior executives and business leaders today are almost desperate to understand how AI may affect their businesses,” said Malone, who teaches a popular executive education course on AI and business strategy. “I think leaders are increasingly worried in many cases that if they don’t figure out how to use AI effectively, they’ll be left behind,” Malone said the course emphasizes the history of artificial intelligence and common misconceptions along with how businesses can harness technology. [read more]

Source: Sara Brown | MIT Sloan