Machine learning (ML) and artificial intelligence (AI) applications are booming in the corporation world. While algorithms aren’t always replacing humans, they are usually changing the way we work. No leader is safe from the rapid change we are seeing in the age of algorithms. Businesses are transforming at rapid pace and there is no time to dilly dally. Learn how to make use of algorithms to build on your human skills or risk being replaced entirely.
Leadership teams tend to have innate biases for certain asset types, and that these preferences drove business model. Like a good driver, a leader needs to know when to speed up to catch the competition, when to shift investment into the right kinds of capital, and when to refuel with new skills, mental models and board members. Just as the human genome offers the prospect of personalized medicine, the value genome offers the prospect of tailored capital editing—refocusing companies on high-value, scalable assets.
AI-based platforms are quantifying and getting value from you by gathering your contacts, your ideas, your skills, your free time, your shopping habits and even your very genes. The tradeoffs here are not so clear. Companies win big using your data. So, on top of worrying about whether or not AI will steal your job, you must also worry about AI stealing your time, information, ideas, relationships, and more. AI is breaking us down into our piece parts, and using them up.