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What Should Leaders Make of the Latest AI?

What Should Leaders Make of the Latest AI?

BlueSky Thinking Summary

The article delves into the transformative impact of advanced AI technologies like ChatGPT-4 on industries and society.

According to Brian Uzzi and Dave Ferrucci from Kellogg School, the AI has been enabled—with the huge training datasets—to learn different tasks at a mastery level, from travel planning to generating content.

It will also reshape job markets but leave space for human-machine collaboration despite the possibility of job disruption.

Uzzi points out that AI, very rapidly, will stifle creativity in humans, while Ferrucci says that there is no ethical judgment with AI and that it requires stringent regulation.

The paper suggests that companies should be prepared for auditing the readiness of their data and strategic integration of AI.

Uzzi and Ferrucci ultimately envision AI facilitating the future by catalyzing innovation, not replacing human ingenuity, underscoring an integral role for it in humankind's quest to solve global crises like climate change.

If one will have to thrive in a technology-driven world in the future, then it will be necessary to use the power of AI responsibly.