Why don’t more firms share data with others to tackle big, industry-wide problems that they simply cannot solve alone?
Sharing data with competitors might sound scary to executives, but only collaboration can solve some of industry’s biggest problems.
"Complex systems thinking is the dominant tool for modeling in epidemiology. Companies use it to model their inventory systems. But using it in economics is harder because the agents have more agency and are complicated."
When it comes to what’s next in AI, the future is already here—it is the strategic and flexible integration of a wide range of AI technologies through a One-AI approach.
"We gave a large number of workers access to GPT-4, without training. The people who had access to it got work done 26% faster and got 12.5% more work done. […]. To put that in context, when steam power was put into a factory in the early 1800s, it improved performance by 18 to 22%."
Increasingly, a selling point for AI-powered products is how well they embody specific values such as safety, dignity, fairness, and helpfulness.
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