The AI Advantage
How to Put the Artificial Intelligence Revolution to Work
By Thomas H. Davenport | Publisher: MIT Press
About the book
Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage.
In The AI Advantage, Thomas Davenport offers a guide to using artificial intelligence in business. He describes what technologies are available and how companies can use them for business benefits and competitive advantage. He cuts through the hype of the AI craze—remember when it seemed plausible that IBM's Watson could cure cancer?—to explain how businesses can put artificial intelligence to work now, in the real world. His key recommendation: don't go for the “moonshot” (curing cancer, or synthesizing all investment knowledge); look for the “low-hanging fruit” to make your company more efficient.
Davenport explains that the business value AI offers is solid rather than sexy or splashy. AI will improve products and processes and make decisions better informed—important but largely invisible tasks. AI technologies won't replace human workers but augment their capabilities, with smart machines to work alongside smart people. AI can automate structured and repetitive work; provide extensive analysis of data through machine learning (“analytics on steroids”), and engage with customers and employees via chatbots and intelligent agents. Companies should experiment with these technologies and develop their own expertise.
Davenport describes the major AI technologies and explains how they are being used, reports on the AI work done by large commercial enterprises like Amazon and Google, and outlines strategies and steps to becoming a cognitive corporation. This book provides an invaluable guide to the real-world future of business AI.
A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.
Editions of The AI Advantage
- Hardcover
- ISBN 9780262039178
- Paperback
- ISBN 9780262538008
- EBook
- ISBN 9780262350624
- EBook
- ISBN 9780262350631
- EBook
- ISBN 9780262350648
Read an Excerpt
Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage.
In The AI Advantage, Thomas Davenport offers a guide to using artificial intelligence in business. He describes what technologies are available and how companies can use them for business benefits and competitive advantage. He cuts through the hype of the AI craze—remember when it seemed plausible that IBM's Watson could cure cancer?—to explain how businesses can put artificial intelligence to work now, in the real world. His key recommendation: don't go for the “moonshot” (curing cancer, or synthesizing all investment knowledge); look for the “low-hanging fruit” to make your company more efficient.
Davenport explains that the business value AI offers is solid rather than sexy or splashy. AI will improve products and processes and make decisions better informed—important but largely invisible tasks. AI technologies won't replace human workers but augment their capabilities, with smart machines to work alongside smart people. AI can automate structured and repetitive work; provide extensive analysis of data through machine learning (“analytics on steroids”), and engage with customers and employees via chatbots and intelligent agents. Companies should experiment with these technologies and develop their own expertise.
Davenport describes the major AI technologies and explains how they are being used, reports on the AI work done by large commercial enterprises like Amazon and Google, and outlines strategies and steps to becoming a cognitive corporation. This book provides an invaluable guide to the real-world future of business AI.
A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.
Frequently Asked Questions
What is The AI Advantage about?
Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage.
In The AI Advantage, Thomas Davenport offers a guide to using artificial intelligence in business. He describes what technologies are available and how companies can use them for business benefits and competitive advantage. He cuts through the hype of the AI craze—remember when it seemed plausible that IBM's Watson could cure cancer?—to explain how businesses can put artificial intelligence to work now, in the real world. His key recommendation: don't go for the “moonshot” (curing cancer, or synthesizing all investment knowledge); look for the “low-hanging fruit” to make your company more efficient.
Davenport explains that the business value AI offers is solid rather than sexy or splashy. AI will improve products and processes and make decisions better informed—important but largely invisible tasks. AI technologies won't replace human workers but augment their capabilities, with smart machines to work alongside smart people. AI can automate structured and repetitive work; provide extensive analysis of data through machine learning (“analytics on steroids”), and engage with customers and employees via chatbots and intelligent agents. Companies should experiment with these technologies and develop their own expertise.
Davenport describes the major AI technologies and explains how they are being used, reports on the AI work done by large commercial enterprises like Amazon and Google, and outlines strategies and steps to becoming a cognitive corporation. This book provides an invaluable guide to the real-world future of business AI.
A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.
What core themes, tropes, or subjects are explored in The AI Advantage?
Economics, Finance, Business and Management > Business and Management > Management and management techniques
Where can I read a sample of The AI Advantage?
You can read an official preview of the few pages here https://www.book2look.com/book/9780262039178
Is The AI Advantage part of a series, and can it be read as a standalone?
Yes it is a part of series Management on the Cutting Edge
Who is/are the Author/s of the book The AI Advantage?
Thomas H. Davenport
Who is the Publisher of the book The AI Advantage?
MIT Press
What are the ISBN numbers for the physical and digital editions?
The AI Advantage is available as hardcover(ISBN 9780262039178) and paperback(ISBN 9780262538008) and ebook(ISBN 9780262350624) and ebook(ISBN 9780262350631) and ebook(ISBN 9780262350648)
Where can I buy The AI Advantage online or support local independent bookshops?
You can buy The AI Advantage from below
Where can I buy The AI Advantage?