All-in On AI Quotes

“We believe that every large organization—and certainly those that are or aspire to be AI first—should designate smart people to follow AI technology trends, try out new technologies, and import them when they seem to fit the organization’s needs. These people don’t need to be fantastic data scientists or AI engineers, but they do need to understand the key technologies in AI and how they support use cases and business needs.”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

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― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

“Another AI-oriented company that has established several ecosystems—also in partnership with Palantir, in which it has made a substantial investment—is SOMPO Holdings, a large insurance and elder care company based in Japan. SOMPO”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

“Since Rosenthal came up with the recommendation idea, Morgan Stanley has been working on a next-best-action (NBA) system to provide its advisors with financial insights to present to clients.”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

“Similarly, one of the most popular HR tools at GE Digital—an early adopter of AI for manufacturing applications—shows workers which jobs in the company are natural next steps from the ones they have now.12 Employees can look privately at the tool to see possible paths they can follow, skills they may need to acquire, or even positions that are open. This helps employees feel that they have more opportunities and that they have more control over their positions in the company. Education”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

“In Europe, a consortium of microelectronics companies, the Euro Pact for Skills, is devoting €2 billion to train current and future employees on electronic components and systems.”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

“One large US bank, for example—an aggressive adopter of AI—has announced a $350 million investment in reskilling related to AI-related job changes, and the bank is being both predictive and granular about the initiative.10 It’s working with researchers from MIT and elsewhere to understand—based on a “suitability for machine learning” (SML) assessment—which skills and jobs are most likely to be replaced by AI.11 The SML analysis will help the bank plan for changes in those jobs and help workers gain the skills they need to succeed in their modified jobs or transition to new ones.”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

“Some organizations are attempting to predict the nature of future jobs and the skills they will require. This is, of course, difficult or impossible to do with any precision.”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence

“We refer to these companies’ all-in approaches in multiple ways—“AI fueled,” “AI powered,” “AI enabled,” etc. The common thread is that they are at the far end of the scale in their spending, planning, strategizing, implementing, and changing with regard to AI technology.”
― Thomas H. Davenport, All-in On AI: How Smart Companies Win Big with Artificial Intelligence