How AI Will Affect Business: What Leaders Need to Know

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Few would argue that artificial intelligence (AI) will have widespread implications for business and society. The authors argue that business leaders should focus their attention on understanding the effects in three key areas: jobs, inequality and competition. They outline both the pessimistic and optimistic views of AI's effects and provide their own views with respect to AI and jobs, AI and inequality and AI and competition. Among other things, they argue that the impact of AI will not affect all people and all firms equally, and that leaders must carefully consider their decisions in this arena, as they will have long-lasting effects on society.
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