As an executive, investor or board member; how should we interrupt, position and understand AI?
Image source: https://medium.com/politics-ai/an-overview-of-national-ai-strategies-2a70ec6edfd and updates https://futureoflife.org/national-international-ai-strategies/ The purpose of this article is to provide a framework which gives you a clear and coherent communication tool to assess or position any AI initiative. The positioning will be on the continuum of AI will either save the human race from extinction or be our nemesis, causing our very eradication. The framework is built on an explanation of how value is created using an economic model that provides for both stability (BAU) and change (disruption). Critically explored is how the choice is made between the stable and change models. Through exploring stable, change and choice we unpack how the outcome of an AI project can lead to growth and prosperity or dystopia and destruction. The simplest economic model Figure 1 presents a very simple process. Raw materials are an input to a process called gain , which crea...