AI Is Everybody’s Business
Name
2024_0501_AIEverybodysBusiness_WixomBeath.pdf
Size
517.61 KB
Format
Adobe PDF
Checksum (MD5)
7bacc0b2e2c4b1d82a338dd4e373323a
Author(s)
Wixom, Barbara H.
Beath, Cynthia M.
Date Issued
May 16, 2024
Publisher
Cambridge, Mass.: Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology
Citation
Wixom, Barbara H. and Cynthia M. Beath. “AI Is Everybody’s Business.” MIT CISR Research Briefing Volume XXIV, no. 5 (May 2024). https://dspace.mit.edu/handle/1721.1/174857.
Series/Report no.
MIT CISR Research Briefing, Vol. XXIV, No. 5
Abstract
This briefing presents three principles to guide business leaders when making AI investments: invest in practices that build capabilities required for AI, involve all your people in your AI journey, and focus on realizing value from your AI projects. The principles are supported by the MIT CISR data monetization research, and the briefing illustrates them using examples from the Australia Taxation Office and CarMax. The three principles apply to any kind of AI, defined as technology that performs human-like cognitive tasks; subsequent briefings will present management advice distinct to machine learning and generative tools, respectively.
Subjects
Data monetization
Information Technologies
Data, AI, and Analytics
Innovation and Strategy
Organizational Structure and Agility
Terms of Use
CC BY-NC 4.0 (Attribution-NonCommercial 4.0 International)
Persistent DSpace Link
