Big Data, AI, and the Implications for Business Strategy and Ethics
As the economy continues its digital transformation, companies will increasingly look to business solutions that are enabled by big data, machine learning, and artificial intelligence in order to meet rapidly evolving demands. While these new technologies seem to promise almost limitless potential, they also come with many risks, and they raise questions that business leaders would be wise to confront now rather than later. Questions such as “Which problems can Big Data and AI solve well?” and big-picture questions such as “What are the privacy and ethical considerations?” have never been more important to deliberate. Answering these and other tough questions early and carefully could mean the difference between your organization experiencing either a century of sustained growth and value creation, or generations of lost business.