AI work requires carefully choosing A and B and providing the necessary data to help the AI figure out the A→B relationship. Choosing A and B creatively has already revolutionized many industries. It is poised to revolutionize many more.
After understanding what AI can and can’t do, the next step for executives is incorporating it into their strategies. That means understanding where value is created and what’s hard to copy. The AI community is remarkably open, with most top researchers publishing and sharing ideas and even open-source code. In this world of open source, the scarce resources are therefore: