Competing in the Age of AI – REVIEW

Litercurious Book Reviews

Competing in the age of AI by By Marco Iansiti & Karim R. Lakhani  
Competing in the age of AI by By Marco Iansiti & Karim R. Lakhani        
TitleCompeting in the age of AI                                     
AuthorMarco Iansiti & Karim R. Lakhani                    
PublisherHarvard Business Review Press (January 7, 2020)     
FormatKindle, Hardcover          
Page288     
LanguageEnglish
ASIN #B07MWCTNSD     

Author’s Bio

Marco Iansiti is a Professor of Business Administration at Harvard Business School. His special expertise revolves around Technology and Operations Management. He advises Blue Chip companies globally on operational transition, and technological transformation for the 21st Century. Iansiti and Lakhani posit workable solutions and invaluable insights into the infinite utility of AI.   

I studied Managerial Cybernetics, Systems Analysis, and Systems Development under the tutelage of Stafford Beer for both my B.Sc., and M.Sc. I am currently evaluating how the synthesis of a variety of recent technologies can be applied to extend the economic potential of large distributed networks and International organizations. Much of my work includes related issues raised in Competing in The Age of AI. My experience and my academic credentials, I believe afford me a unique perspective on this manuscript.

Iansiti is a prolific author of publications based on a particular area of expertise. Some of his works include: Digital Ubiquity, The Truth About Blockchain (Iansiti & Lakhani), The Keystone Advantage (Roy Levine), and Managing Our Hub Economy. Those looking for advice on establishing digital advantage or operational model transformation of a global organization need look no further than Competing in The Age of AI. 

Karim R. Lakhani is a Business Administration Professor at Harvard Business School. Lakhani is the co-director of the Laboratory of Innovation Science at Harvard’s Institute of Quantitative Social Science, as well as the Chair of the Harvard Business School’s Analytics Program. His area of expertise is innovation and technology management. He is the author of numerous articles and case studies on technology, digital commerce, and digital innovation. He has been published in a myriad of significant publications that include: The Economist, The Wall Street Journal, and Business Week among many others.  

Who is the target audience?

This is probably the most important book on business application of digital innovations this decade. This thesis is suitable for those who want or need to understand the potential for the increased span, scope, and scale afforded by the appropriate utilization of digital innovations, particularly artificial intelligence as applied to business models. Iansiti and Lakhani’s concept provides a most important tool for Captains of industry, investors, CEOs, entrepreneurs, and students of business and technology. Iansiti and Lakhani’s publication is a must read for all those who want to improve their understanding of the application of AI in organizations. Competing in the Age of AI should be compulsory reading for all those involved in leveraging competitive advantage in the new business world underpinned by artificial intelligence.

Synopsis

The discussions herein include the question of ethics in application and distribution of technology. Iansiti and Lakhani’s have provided a map for the exploitation of the technical advances provided by new technology. The authors have given practical advice on the strengths, limitations, and challenges of employing artificial intelligence to support and augment a company’s strategy.

Conclusion

Competing in The Age of AI is a seminal work, containing all the key ingredients for global companies to explore in order to improve competitive advantage.  Iansiti and Lakhani have provided sensible, practical jargon-free explanations for the application of advanced technology strategies and advice on the potential effects on span, scope, and scale across the organization. 

Acknowledgment

My sincere thanks go to: NetGalley, and Harvard Business Review Press for affording me the opportunity to review of Competing in the Age of AI.

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