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Competing in the Age of AI

Strategy and Leadership When Algorithms and Networks Run the World
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( 1,221 ratings, 114 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Competing in the Age of AI by Karim R. Lakhani and Marco Iansiti explores how artificial intelligence is reshaping business and industry structures. It delves into how AI-driven operations allow companies to innovate, scale, and create new value by transforming traditional processes. The book also examines the strategic implications of AI, providing insights on how businesses can adapt to thrive in this rapidly evolving landscape.
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Format: Hardback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might like this book if you're keen to explore how artificial intelligence is reshaping business and entrepreneurship. This insightful read delves into how AI-driven processes are transforming industries and offers strategic perspectives for leveraging digital innovation to gain a competitive edge.

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AI-centric organisations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Competing in the Age of AI explores how AI-centric organisations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value.

Authors Marco Iansiti and Karim R. Lakhani demonstrate how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes. These advancements allow for a massive scope increase, enabling companies to straddle industry boundaries and create powerful opportunities for learning β€” driving ever more accurate, complex, and sophisticated predictions.

When traditional operating constraints are removed, strategy becomes a whole new game, with new rules and likely outcomes, which this book elucidates:

  • A framework for rethinking business and operating models
  • How 'collisions' between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models
  • An explanation of the opportunities and risks created by digital firms
  • A description of the new challenges and responsibilities for the leaders of both digital and traditional firms

Packed with examples β€” including many from the most powerful and innovative global, AI-driven competitors β€” and based on research from hundreds of firms across various sectors, this book is your essential guide for rethinking how your firm competes and operates in the era of AI.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Competing in the Age of AI is widely praised for offering a practical guide to understanding how AI can reshape business strategies, highlighting its relevance for both technical and non-technical professionals. Recognised as an essential resource, it underscores the necessity of integrating AI into business models to maintain competitiveness and adapt to technological advancements. The book has also been acknowledged for its insightful exploration of AI's implications and has received accolades for its clarity and accessibility in discussing a complex subject.

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Book Details

INFORMATION

ISBN: 9781633697621

Publisher: Harvard Business Review Press

Format: Hardback

Date Published: 07 January 2020

Country: United States

Imprint: Harvard Business Review Press

Illustration: Illustrations

Audience: General / adult

DIMENSIONS

Width: 155.0mm

Height: 234.0mm

Weight: 250g

Pages: 288

About the Author

Marco Iansiti, the David Sarnoff Professor of Business Administration at Harvard Business School, also heads the school's Technology and Operations Management Unit and the Digital Initiative. Iansiti is an expert on digital innovation, with a special focus on strategy and business and operating model transformation. He advises Global 1000 companies on digital strategy and transformation and has conducted research on a variety of organizations, including Microsoft, Facebook, IBM, Amazon, Alibaba, and Google, among many others. He is the author of several books, including, with Roy Levien, The Keystone Advantage: What the New Dynamics of Business Ecosystems Mean for Strategy, Innovation, and Sustainability and One Strategy: Organization, Planning, and Decision Making, with Steven Sinofsky. He has authored more than 100 articles, cases, and notes, including "The Ecology of Strategy" (with Roy Levien) and "Digital Ubiquity," "Managing Our Hub Economy," and "The Truth About Blockchain" (with Karim Lakhani). Each was published in Harvard Business Review and selected as one of the top ten articles of the year.

Karim R. Lakhani is the Charles E. Wilson Professor of Business Administration and the Dorothy and Michael Hintze Fellow at Harvard Business School. He is the founder and codirector of the Laboratory for Innovation Science at Harvard, the principal investigator of the NASA Tournament Laboratory at the Harvard Institute for Quantitative Social Science, and the faculty cofounder of the Digital Initiative at HBS. He is also Chair of the Harvard Business Analytics Program. He specializes in technology management and innovation. He is a coeditor of the books Revolutionizing Innovation: Users, Communities, and Open Innovation and Perspectives on Free and Open Source Software and the author of over 100 articles and case studies on the emerging digital economy and the changing nature of work and companies. His research has been featured in BusinessWeek, the Boston Globe, the Economist, Fast Company, Inc. magazine, the New York Times, the New York Academy of Sciences Magazine, Science, the Wall Street Journal, the Washington Post, and Wired.

You can visit the authors at:
Ageof.AI
Marco Iansiti: twitter.com/marcoiansiti, linkedin.com/in/marcoiansiti/
Karim R. Lakhani: twitter.com/klakhani, linkedin.com/in/ProfessorKL/

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