The idea of artificial intelligence may strike fear in the hearts of some business leaders, but there is no need to panic. In their new book, Human + Machine: Reimagining Work in the Age of AI, Paul Daugherty and James Wilson make a compelling case for pairing this particular technology with human capital. Daugherty, who is chief technology and innovation officer for Accenture, and Wilson, who is managing director of information technology and business research at Accenture Research, joined the Knowledge@Wharton show on Wharton Business Radio, SiriusXM channel 111, to talk more about the topic.
Most first-time CEOs tend to play it safe. That, however, could be a mistake. CEOs who succeed focus on their company’s performance, its culture and employee engagement in a way where everybody is driven to cater to the customer at the frontlines. Those were among the insights that helped Andrew Silvernail, CEO of IDEX, a Lake Forest, Ill.-based maker of specialized fluidics systems and components, and fire and safety products.
A vast amount of data that is discarded — the so-called ‘data exhaust’ — actually hold a lot of value and could be tapped to create new competitive advantages, according to this opinion piece by Scott Snyder, a Wharton senior Fellow, and Alex Castrounis, vice president of product and advanced analytics for Rocket Wagon, an Internet of Things, digital and AI company.
China’s influence on world markets far outweighs the degree of integration of its own banks and financial markets with the rest of the world. While the country has only gradually eased controls on its capital account and foreign exchange markets, illicit flows of capital are playing an outsized role in some overseas markets and industries. This will change. But how and when? The “New Silk Road” project underlines Beijing’s ambition to keep promoting globalization, in a sharp contrast with the rise of protectionism in the US. But the pace of reforms needed to push that process forward has been slowing. Most than anything, Chinese authorities fear the volatility associated with a higher degree of integration.
A request by the U.S. Federal Bureau of Investigation for help from Apple to unlock an iPhone used by a terrorist has quickly grown into full scale battle. The FBI's argument of enhancing national security is countered by the technology in…
How an organization makes its people-related decisions has a huge impact on its success or failure. But traditionally, these decisions have largely been based on intuition and biases and therefore have been prone to error. But now, compani…