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Previous technology breakthroughs did not upend organizational structure, but generative AI and LLMs will. We now face a challenge like that of the original railroad operators: how to rebuild an organization around a fundamental shift in the way work is done, organized, and communicated. What is your organization’s vision about how AI makes work better, not worse? Managers must start answering that question. To guide your thinking, use these three principles for reorganizing work around AI.

With its ability to take mundane tasks off employees' hands and make everyone more productive, ChatGPT is a game changer. In fact, it is just as big a deal for leaders as COVID-19 was. That according to Wharton Professor Ethan Mollick. In this wide-ranging interview with HBR Ideacast host Curt Nickisch, Mollick describes the main ways to use the technology, which include basic writing tasks and HTML coding. He also touches on the risks involved and the questions leaders need to be asking in order to optimize the use of ChatGPT in their organizations. And for those who haven't yet tried it out, his advice is simple: holding off on experimenting with ChatGPT is a big mistake.

This article focuses on how crowdfunding might democratize the commercialization of innovation as well as financing. First, it examines how crowdfunders decide what effort to support and asks how do crowd and expert decisions differ? Second, it investigates whether crowdfunding democratizes access to capital by asking whether groups that have historically been underrepresented in capital markets gain additional access to capital markets through crowdfunding. Finally, it investigates whether crowdfunding leads to the growth of new firms in the same way that traditional funding does. Taken together, these questions point at a potentially vast alternative infrastructure for developing, funding, and commercializing innovation.