COMPETING IN THE AGE OF AI: Strategy and Leadership When Algorithms and Networks Run the World

by Marco Iansiti & Karim Lakhani

Advances in technological and artificial intelligence (AI) are fundamentally changing the way we work and live. They are disrupt traditional businesses and redefining not only industries but the entire global economy. This book explains how individuals and companies can leverage digital models to compete, grow, and thrive in the new digital economy.

In this summary, you'll learn:

• How the digital revolution has impacted individuals, companies, industries, and the global economy;

• The fundamental differences between digital AI-powered firms and analog or conventional firms;

•  How to rethink your business strategy in terms of your business model, operating model, and organizational structure, rearchitect your firm and use strategic network analysis to build new competitive advantages; and

• How to achieve successful AI transformation through 5 principles, 4 stages; and how to address a range of ethical and leadership challenges in an age of AI.

Who should read this:
• Business leaders, managers, and entrepreneurs who wish to make the transition from traditional to digital models, prevent their companies from becoming obsolete, and/or leverage new opportunities presented by AI and new technologies;
• Strategic planners, consultants and advisors who work with organizations for strategic planning and digital transformation; and
• Professionals who wish to future-proof their career or develop skills and perspectives to thrive in a digital era.