Artificial Intelligence is reality. The Fourth Industrial Revolution, or a Robot Apocalypse depending on whom you ask, is already underway. The transition has already started. But what it means in terms of leadership? How to prepare for the dramatic shifts in the global workforce?
In The Future of Leadership in the Age of AI Marin Ivezic and Luka Ivezic demystify the processes behind this revolution. Rather than offering another sensationalistic, panic-inducing view on AI – or its overly-optimistic alternative – authors explain the reality of AI implementation in business environments.
The age of AI brings new paradigms in economy, business, and workforce. In addition to the workers with obviously obsolete skills, the change will also affect executives and managers. But you can still thrive if you develop your distinctly human skills.
While AI and machines are undoubtedly superior in the tasks that involve data, rules, and processes, they lack the ability to go beyond a specific set of purposes. Humans are still unbeatable when it comes to creativity, vision, and collaboration. Rather than managing operations and processes, the leaders of tomorrow will need to focus on their interpersonal skills.
The transformed economy will need some new sorts of executives – motivators, innovators and social experimenters. Machines will run the processes. You’ll need to take care of agility and motivations of the employees.
The Future of Leadership in the Age of AI clarifies those new roles and makes the transition easier.
Prepare for new challenges. Get ready and find your place in the age of AI.
Marin Ivezic is a Partner at PwC (PricewaterhouseCoopers), specializing in risks and cybersecurity of emerging technologies. His work on some of the most difficult technology problems that world-class organizations have experienced – including ones that involve AI – has given him ample opportunity to research the transformative nature of AI.
For over a decade, Ivezic has worked with many clients in China and other major global adopters and developers of AI solutions. Some of them have already replaced hundreds of thousands of employees with robots. Others have adopted AI with the different goal, to augment their workforce’s skills and increase profits while creating additional jobs. In both groups, some of the companies flourished, and other failed. Ivezic’s firsthand experience allowed him to analyze various real-life AI and automation implementations and identify the strengths and weaknesses of those businesses.
Throughout his career, Ivezic focused on the AI risks, including the social impact, and the impact on jobs. He has also recognized AI’s remarkable potential. This potential can be fully reached only if business leaders become aware of the way AI is changing the business environment, and adapt to it. Ivezic’s global experience has revealed that successful adoption of AI requires agility.
Luka Ivezic is an independent consultant and author exploring geopolitical and socioeconomic implications of emerging technologies such as 5G, Artificial Intelligence (AI) and Internet of Things (IoT).
He has been exploring these topics, studying and writing about them for the last five years. To better observe policy discussions and various societal attitudes and impacts of early implementations, he lives between US, UK, Denmark, Singapore, Japan and Canada. This has given him a unique perspective on how emerging technologies shape different societies, and how different cultures determine technological development.
In The Future of Leadership in the Age of AI, authors offer a valuable perspective, in-depth analysis, and a blueprint for business leaders who want to take advantage of the changes that emerging technologies are producing.