What to Do When Machines Do Everything - How to Get Ahead in a World of Ai, Algorithms, Bots, and Big Data

"Refreshingly thought-provoking..." - The Financial TimesThe essential playbook for the future of your businessWhat To Do When Machines Do Everything is a guidebook to succeeding in the next generation of the digital economy. When systems running on Artificial Intelligence can drive our cars, diagnose medical patients, and manage our finances more effectively than humans it raises profound questions on the future of work and how companies compete. Illustrated with real-world cases, data, and insight, the authors provide clear strategic guidance and actionable steps to help you and your organization move ahead in a world where exponentially developing new technologies are changing how value is created.Written by a team of business and technology expert practitioners-who also authored Code Halos: How the Digital Lives of People, Things, and Organizations are Changing the Rules of Business-this book provides a clear path to the future of your work.The first part of the book examines the once in a generation upheaval most every organization will soon face as systems of intelligence go mainstream. The authors argue that contrary to the doom and gloom that surrounds much of IT and business at the moment, we are in fact on the cusp of the biggest wave of opportunity creation since the Industrial Revolution. Next, the authors detail a clear-cut business model to help leaders take part in this coming boom; the AHEAD model outlines five strategic initiatives-Automate, Halos, Enhance, Abundance, and Discovery-that are central to competing in the next phase of global business by driving new levels of efficiency, customer intimacy and innovation.Business leaders today have two options: be swallowed up by the ongoing technological evolution, or ride the crest of the wave to new profits and better business. This book shows you how to avoid your own extinction event, and will help you; Understand the untold full extent of technology's impact on the way we work and live. Find out where we're headed, and how soon the future will arrive Leverage the new emerging paradigm into a sustainable business advantage Adopt a strategic model for winning in the new economy The digital world is already transforming how we work, live, and shop, how we are governed and entertained, and how we manage our money, health, security, and relationships. Don't let your business-or your career-get left behind. What To Do When Machines Do Everything is your strategic roadmap to a future full of possibility and success. Or peril....

List of contents

Preface ix
 
Chapter 1 When Machines Do Everything 1
 
Like It or Not, This Is Happening 3
 
Digital That Matters 4
 
Playing the New Game 6
 
But Will I Be Automated Away? 8
 
Getting AHEAD in the Age of the New Machine 9
 
Chapter 2 From Stall to Boom: We've Been Here Before 13
 
When Machines Do Everything, What Happens to Us? 14
 
But Haven't Our Computers Made Us More
 
Productive? 15
 
Carlota's Way 16
 
Riding the Waves 17
 
Three Big Reasons Why a Boom Is About to Occur 21
 
From Stall to Boom, a Time of Optimism 31
 
Chapter 3 There Will Be Blood 33
 
Predictions of Massive Job Losses via AI 33
 
Manual vs. Knowledge Labor: As Goes the Factory, So
 
Goes the Office? 36
 
Don't Confuse Jobs with Tasks 38
 
Don't Overlook the Job-Growth Story 40
 
The Pace of This Transition 42
 
Getting AHEAD in a Time of Churn 43
 
Chapter 4 The New Machine: Systems of Intelligence 45
 
Defining the New Machine 46
 
Meet the Machine: Anatomy of a System of Intelligence 50
 
Systems of Intelligence in Action 56
 
What Does "Good" Look Like? Attributes of a Successful System of Intelligence 59
 
From Vapor to Value 63
 
Chapter 5 Your New Raw Materials: Data Is Better than Oil 65
 
Turning Data from a Liability into an Asset 66
 
Managing the Data Supply Chain 68
 
Business Analytics: Turning Data into Meaning 70
 
If It Costs More than $5, and You Can't Eat It, Instrument It! 71
 
The Home-Field Advantage of Big Companies 73
 
Data Is Job One 76
 
Chapter 6 Digital Business Models: Your Five Ways to Beat Silicon Valley 77
 
Hybrid Is the New Black 81
 
Avoiding the Four Traps 82
 
Five Ways to Mine Gold from the New Machines 90
 
The Management Opportunity of a Generation 92
 
Chapter 7 Automate: The Robots Aren't Coming; They're Here 95
 
Automation Is Not Optional 96
 
Software Should Be Eating Your Core Operations 102
 
What to Do on Monday? Flick Your Automation-On Switch 107
 
Automation Is a Means, Not an End 113
 
Chapter 8 Halo: Instrument Everything, Change the Game 115
 
Every "Thing" Is Now a Code Generator 116
 
Become a "Know-It-All" 120
 
What to Do on Monday? Capitalize on Code 124
 
Digits over Widgets: The Next Age of Business and Technology 132
 
Chapter 9 Enhance: Amplify Human Performance with the New Machine 133
 
Stone Age, Bronze Age, Iron Age . . . Digital Age 135
 
Enhanced Jobs Will Be Protected Jobs 136
 
Smart Robots Make Smarter Hands 141
 
What to Do on Monday? Partner with Systems of Intelligence 145
 
You + New Tools = Enhancement 151
 
Chapter 10 Abundance: Finding Your 10X Opportunities with the New Machine 153
 
What to Do on Monday? Find Abundance in Your Organization 157
 
Increasing Prosperity by Lowering Prices 165
 
Chapter 11 Discovery: Manage Innovation for the Digital Economy 167
 
R&D Without AI Is No R&D at All 171
 
Discovery Is Hard, but Not as Hard as Being Irrelevant 176
 
What to Do on Monday? Don't Short Human Imagination 176
 
Create Your Own Budding Effect 185
 
Chapter 12 Competing on Code: A Call to Action from the Future 187
 
AI for Pragmatists 188
 
The Digital Build-Out Is Here 189
 
Align the Three M's 190
 
Move AHEAD 191
 
Courage and Faith in the Future 192
 
Acknowledgments 195
 
Photo Credits 19

Report

"What to Do When Machines Do Everything" helps leaders think beyond their own organizational boundaries and embrace the future of artificial intelligence. The book's practical advice not only explains how to apply machine-driven solutions at all levels of an organization, it also reveals the skills your employees need to ensure your business stays competitive in this coming age.
- Theo Priestley, Global Evangelist, SAP
 

"What To Do When Machines Do Everything is an essential guidebook for business executives aiming to understand the incredible Impact AI is having - and will continue to have - on business processes and customer engagement strategies.
While much of the prior AI literature can ascribed to "the sky is falling" category, What To Do When Machines Do Everything dynamically breaks that mold by offering balanced, insightful and pragmatic advice on how to do AI right.
For business executives who believe AI is the "story of our time", What To Do When Machines Do Everything is a must read."
- Gary Beach, Publisher Emeritus, CIO Magazine
 
"A timely analysis of the strategic implications of the rapid advancements in AI and machine learning (ML) on businesses of all sizes. The book is well-researched with terrific case study examples of companies that are confronting the realities of today's rapidly changing AI/ML environment, and the consequences facing those that aren't. The book also provides useful advice for executives to respond to the AI/ML opportunities and challenges." - Jeffrey M. Kaplan, Founder and Managing Director, THINKStrategies
 

"What to Do When Machines Do Everything accurately addresses the elephant in the room: Artificial intelligence makes certain jobs obsolete. But the authors take an optimistic and pragmatic overview of where AI stands today, how it will impact both individuals and organizations, and more importantly, where we go from here. It uses relatable, real-life examples that show how to leverage new technologies to stay competitive, both traditionally and with new entrants. It's a must-read for those just entering this new world of robots and machine intelligence." - Flavio Villanustre, VP of Infrastructure & Security at HPCC Systems, LexisNexis

Product details

• Authors: Malcolm Frank, Malcolm Pring Frank, Malcolm Roehrig Frank, Frank Malcolm, Ben Pring, Pring Ben, Paul Roehrig, Roehrig Paul
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 03.02.2017
• EAN: 9781119278665
• ISBN: 978-1-119-27866-5
• No. of pages: 256
• Dimensions: 160 mm x 235 mm x 25 mm
• Subjects: Education and learning > Teaching preparation > Vocational needs; Social sciences, law, business > Business > Management; Management, Digitale Revolution, Business & management, Wirtschaft u. Management, Spezialthemen Wirtschaft u. Management, Business & Management Special Topics