Investing in innovation: How companies can thrive in an AI-driven world

AI will replace human workers in many companies.

AI is being integrated into companies’ operations at such a rapid pace that the job losses will likely be greater than any gains before they arrive. In the short term, white-collar employees may be particularly vulnerable. However, the speed at which AI is being adopted presents an opportunity for businesses to accelerate their pace of innovation. If enough companies go on offense, we won’t need to worry about AI-related unemployment. A startup mentality and a bias towards boldness will allow companies to be agile enough to take advantage of this moment and preserve jobs.

Page-utils class= article-utils–vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.359084 data-title= Companies That Replace People with AI Will Get Left Behind data-url=/2023/06/companies-that-replace-people-with-ai-will-get-left-behind data-topic= AI and machine learning data-authors= Behnam Tabrizi; Babak Pahlavan data-content-type= Digital Article data-content-image=/resources/images/article_assets/2023/06/Jun23_23_1300035600-383×215.jpg data-summary=

Companies will thrive if they invest in innovation, not in cutting costs.

Source:
https://hbr.org/2023/06/companies-that-replace-people-with-ai-will-get-left-behind

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