Strategy and Leadership. When Algorithms and Networks run the World.
Competing in the Age of AI: https://amzn.to/3QSzx6F
The new book, reviewed by The New York Times as “provocative new book,” discusses how AI-centric organizations are redefining how they create, capture, share, and deliver value. The authors, Marco Iansiti and Karim R. Lakhani, argue that by reinventing the firm around data, analytics, and AI, traditional constraints on scale, scope, and learning can be removed. AI-driven processes are more scalable and allow for more scope increase than traditional processes, and can enable companies to straddle industry boundaries. The book presents a framework for rethinking business and operating models, and explains how “collisions” between AI-driven and traditional firms are reshaping competition and altering the economy. It also covers the opportunities and risks created by digital firms and the new challenges and responsibilities for leaders of both digital and traditional firms. The book is packed with examples from powerful and innovative global AI-driven competitors, and is based on research in hundreds of firms across many sectors. It is described as an essential guide for rethinking how firms compete and operate in the era of AI.