Competing in the Age of AI Quotes

“The fundamental idea behind the AI factory is to industrialize the company’s approach to data, analytics, and artificial intelligence. Moderna’s AI factory does for analytics what industrialization did for manufacturing more than a hundred years ago.”
― Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World

“Alignment between a company’s business model and operating model”
― Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World

“In a digital operating model, the employees do not deliver the product or service; instead, they design and oversee a software-automated, algorithm-driven digital “organization” that actually delivers the goods.”
― Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World

“Alfred Chandler argued that the two main challenges faced by executives are to drive economies of both scale and scope in order to survive and thrive.4 Subsequent work in economics and management showed that a third challenge is equally important: learning—the operating capability to improve and innovate.”
― Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World

“a company’s approach to value creation requires consciously choosing the precise problem it is solving for the customer and its positioning in the marketplace.”
― Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World

“But we believe this transformation is about more than technology; it’s about the need to become a different kind of company. As we discuss in detail in later chapters, confronting this threat does not involve spinning off an online business, putting a laboratory in Silicon Valley, or creating a digital business unit. Rather, it involves a much deeper and more general challenge: rearchitecting how the firm works and changing the way it gathers and uses data, reacts to information, makes operating decisions, and executes operating tasks.”
― Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World

“We are moving from an era of core competencies, differing from firm to firm and embedded deep in each organization, to an age shaped by data and analytics, powered by algorithms and hosted in the computing cloud for anyone to use.”
― Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World