The Artificial Intelligence Imperative: A Practical Roadmap for Business

by Anastassia Lauterbach, Andrea Bonime-Blanc, Ian Bremmer (Foreword by)

Overview

This practical guide to artificial intelligence and its impact on industry dispels common myths and calls for cross-sector, collaborative leadership for the responsible design and embedding of AI in the daily work of businesses and oversight by boards.

Artificial intelligence has arrived, and it's coming to a business near you. The disruptive impact of AI on the global economy—from health care to energy, financial services to agriculture, and defense to media—is enormous. Technology literacy is a must for traditional businesses, their boards, policy makers, and governance professionals.

This is the first book to explain where AI comes from, why it has emerged as one of the most powerful forces in mergers and acquisitions and research and development, and what companies need to do to implement it successfully. It equips business leaders with a practical roadmap for competing and even thriving in the face of the coming AI revolution. The authors analyze competitive trends, provide industry and governance examples, and explain interactions between AI and other digital technologies, such as blockchain, cybersecurity, and the Internet of Things. At the same time, AI experts will learn how their research and products can increase the competitiveness of their businesses, and corporate boards will come away with a thorough knowledge of the AI governance, ethics, and risk questions to ask.

Product Details

ISBN-13:	9781440859946
Publisher:	Bloomsbury Academic
Publication date:	04/12/2018
Pages:	328
Product dimensions:	6.14(w) x 9.21(h) x 0.75(d)

About the Author

Anastassia Lauterbach, PhD, is an international technology strategist, advisor, investor, and entrepreneur who has served as a director of Dun & Bradstreet since 2013 and held numerous executive roles.

Andrea Bonime-Blanc, JD, PhD, is governance, ethics, and risk strategist and founder and CEO of GEC Risk Advisory, serving companies, NGOs, and governments.

Table of Contents

Foreword Ian Bremmer xi

Acknowledgments xv

Introduction xix

Part 1 The Past, Present, and Future of AI 1

Chapter 1 A Brief History of AI 5

Chapter 2 AI Social-Science Concepts 9

Chapter 3 Key Cognitive and Machine Learning Approaches 21

Chapter 4 AI Technologies: From Computer Vision to Drones 37

Chapter 5 AI and Blockchain, IoT, Cybersecurity, and Quantum Computing 47

Part 2 Enablers and Preconditions to Achieve AI 57

Chapter 6 Data 59

Chapter 7 Algorithms 79

Chapter 8 Hardware 83

Chapter 9 Openness 93

Part 3 The Race for AI Dominance-From Full-Stack Companies to "AI-As-A-Service" 95

Chapter 10 AI Crossplay-Academia and the Private Sector 99

Chapter 11 The Geopolitics of AI-China vs. USA 101

Chapter 12 Full-Stack Companies-The Battle of the Giants 107

Chapter 13 Product- and Domain-Focused ML Companies 129

Chapter 14 Traditional and New Enterprise Companies Focused on ML 133

Chapter 15 Introducing AI into a Traditional Business 143

Part 4 AI in Different Sectors-From Cars to Military Robots 153

Chapter 16 AI and the Automotive Industry 155

Chapter 17 AI in Health Care 169

Chapter 18 AI and the Financial Sector 179

Chapter 19 AI in Natural Resources and Utilities 187

Chapter 20 AI in Other Business Sectors 193

Chapter 21 AI in Government and the Military 199

Part 5 The Socio-Politics of AI-Critical Issues 209

Chapter 22 Data Control, AI, and Societies 211

Chapter 23 The Future of Employment and the Pursuit of Life-Long Learning 215

Chapter 24 Ethical Design and Social Governance 223

Part 6 The Governance of AI-A Practical Roadmap for Business 227

Chapter 25 Traditional Boards' Readiness to Address AI-Transforming Fear into Value 229

Chapter 26 Discussing AI in the Boardroom 233

Notes 241

Index 263

About the Authors 289

What People are Saying About This

Clara Durodié

"The business world is going through an unprecedented level of change that is both fast and fundamental. Change always brings confusion. To this brave new AI–driven world, Anastassia Lauterbach and Andrea Bonime-Blanc bring much-needed clarity and structure with a laser-like precision. It is this precision that strategists need to design the next generation of successful processes and business models."

Anand Chandrasekher

“This book is simply excellent! I really enjoyed it. If you are a beginner, this book takes you through the basics of machine learning and artificial intelligence and does a great job de-mystifying much of the jargon that is thrown around all too casually. If you are not a novice, you will still get a great deal out of this book as the authors clearly articulate the social, ethical, and governance issues that we are all going to be faced with. I highly recommend this book— it is one of the must-read books of our time.”

Clara Durodié

“The business world is going through an unprecedented level of change that is both fast and fundamental. Change always brings confusion. To this brave new AI–driven world, Anastassia Lauterbach and Andrea Bonime-Blanc bring much-needed clarity and structure with a laser-like precision. It is this precision that strategists need to design the next generation of successful processes and business models.”

Andreas Roell

“This has become my favorite go-to book for artificial intelligence that I have started to share with my business network. AI is an area of hyper growth and fluidity; is extremely difficult to provide clarity, focus, and organization to interested readers. Anastassia Lauterbach and Andrea Bonime-Blanc have just done that by making this book not only relevant to first-time AI readers but also a great source of reference for everyday needs.”

Erin Essenmacher

“Artificial intelligence is poised to completely upend the way we do virtually everything. The consequences—including unintended consequences—are massive and the stakes for getting it right are high. Understanding this phenomenon is critical for every business leader. Lauterbach and Bonime-Blanc have done the seemingly impossible—made a complex and wide-ranging subject digestible, understandable, and actionable. I've already applied the learnings from this book to my work and personal life. This is a must read for every board member and leaders across institutions and industries. I can't recommend it highly enough.”

Scott Hartley

“For anyone wishing to embark on their own deep learning, this book offers a sober and comprehensive look at the frontier of AI, and a roadmap for navigating its impact. Recommended reading whether you’re into supervised or unsupervised learning.”

Bryan Weisbard

“Anastassia Lauterbach and Andrea Bonime-Blanc have masterfully captured the opportunities presentd by AI in the business world. More iportantly they have provided a unique glimpse into the future by identifying governance and compliance considerations that boards and executive management will need to tackle in a responsible manner. This rare insight can and should help shape the strategic direction of AI implementation and is a must-read for companies planning to leverage AI.”

Dr. Jürgen Meffert

"Like it or not, artificial intelligence is here to stay. This book is timely and provides readers with the knowledge needed to understand the concepts behind AI—and also with the critical tools needed to use it successfully in their own companies."

Annette Heuser

“Everyone has the right to be scared, or even critical, of artificial intelligence. But this book allows the reader to get these attitudes under control. Its authors take you on a journey through the AI world. They show how AI is already a part of our lives and will be even more so in the future. The book presents practical recommendations for how to prepare yourself and your business for this technological revolution. It leaves the reader convinced that AI will change the way we do business and will become an integral part of our future. Therefore the question is not if, but how we can prepare ourselves and our businesses to be integrated players in this new world. To get started the authors offer us a roadmap to become AI natives.”

Tom Easthope

“AI impacts are expanding at an increasing pace into all facets of business and society. The authors have put together rigorous research, insightful points of view, and a prescriptive structure for leaders to create their own AI path. This ambitious work gives the reader a broad overview of AI which would be a time-consuming and costly endeavor to do on one’s own.”

Hans Decker

“If you want to learn all about AI—the conceptual, the practical, the applications, all in the context of governance—then you must read this book. Written with great clarity for everyone from board members and CEOs to start-up entrepreneurs and students.”

T. K. Kerstetter

“Lauterbach and Bonime-Blanc’s book The Artificial Intelligence Imperative is a must read for management and boards of all companies. For corporate directors who may not be savvy in this space, it’s a good tutorial but more importantly, I like that it outlines the questions directors should be asking and provides a successful governance approach to AI. You want to be an effective board? Then understand how artificial intelligence can keep companies competitive.”

Dr. Jürgen Meffert

“Like it or not, artificial intelligence is here to stay. This book is timely and provides readers with the knowledge needed to understand the concepts behind AI—and also with the critical tools needed to use it successfully in their own companies.”

Anthony J. Scriffignano

“This work is an extremely impressive compendium of the history of artificial intelligence, the nuance of various methods, and the implications of evolutions in the technology to various applications in modern business. The breadth of research and depth of understanding conveyed are valuable to students, practitioners, and consumers alike.”

Martin M. Coyne II

“AI has now reached a level of maturity to impact each of our businesses and personal lives. Understanding AI is now a business imperative for every executive and director. Read this book to separate all the hype from facts and learn practical ways to improve your business performance. Board members need to understand the content of this book to adequately execute their governance and fiduciary responsibilities.”

Larry Clinton

“The printing press, the Internet, and now AI. This book is a remarkable organization and analysis of this vast, dynamic, and absolutely critical issue, replete with keen observations and practical advice spanning basic research, board strategy, and cyber security. Organizations that hope to thrive even in the relatively near future will find this book to be an invaluable tool as they plan and implement their strategy."