Like the elevator or electricity, AI is a technology that expands what is possible for humans to do – better decision making, higher productivity, and improved resource efficiency. AI has the potential to spread very rapidly – but it’s not yet clear how it will be slowed by resistance, backlash and regulation.
Executives must think about AI as a deep portion of any product or process that requires data processing, perception, classification or actuation – today. Because, as with previous innovations, the opportunities for productivity will propel economic growth and society will adapt to it sooner or later.
In this episode of The Better Question podcast, EYQ Fellow Chris Meyer and Yassmin Abdel-Magied are joined by Stefan Heck, CEO of Nauto, and Eduardo Porter, economics writer for the New York Times.
Chris and Yassmin's guests discuss the potential of AI to increase productivity, and how society can prepare to harness the incredible potential of AI, to help leaders prepare their organizations for incorporating and harnessing this wide-ranging technology into their products and processes.
Learning outcomes
- AI will be pervasive – whatever your organization makes, or your processes are, AI will be a part of them
- Today, AI tends to replicate the biases of the past, because that is the data that trained it. To ensure that populations aren’t homogenized, that needs to change
- The development of AI will likely slow down if societal and institutional constraints are not addressed, but political and social systems aren’t set up to deploy technology efficiently
- The areas that will be affected first by AI are healthcare, Government services, marketing, transportation, energy and resource extraction
For your convenience, full text transcript of this podcast is also available. Read the transcript.
Presenters
Yassmin Abdel-Magied
Writer, engineer and broadcaster
Christopher Meyer
EYQ FellowOrganizers
EYQ
EYQ is EY’s think tank.Podcast
Episode 09
Duration 25m 06s
In this series
Series overviewWhen will society be ready to harness AI’s potential?
Episode 09
Presenters
Writer, engineer and broadcaster
EYQ Fellow
How can questions be a source of competitive advantage?
Episode 08
Presenters
Business journalist
EY Global Brand & Marketing Leader
How can more women become architects of the digital world?
Episode 07
Presenters
Business journalist
EY Global Center for Board Matters Leader and EY Global Markets Strategy and Operations Leader
What’s after what’s next?
Episode 06
Presenters
Business journalist
EY Global Media & Entertainment Advisory Services Leader
When the human body is the biggest data platform, who will capture value?
Episode 05
Presenters
Business journalist
EY Global Health Sciences and Wellness Industry Leader and Life Sciences Industry Leader
Is gender equality the secret to success in our Transformative Age?
Episode 04
Presenters
Business journalist
EY EMEIA Area Managing Partner and EY Global Leader – Women. Fast forward
Does the speed of change blur or sharpen your focus?
Episode 03
Presenters
Business journalist
How does purpose help create value from vision?
Episode 02
Presenters
Business journalist