Summary of Marco Iansiti & Karim R. Lakhani's Competing in the Age of AI

Please note: This is a companion version & not the original book.

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#1 AI is becoming a force in the arts, connecting various disciplines and media and expanding the range of artistic possibilities. It is being used to create completely new works of art, which transform not only the method for crafting the work of art but also the organization and process that conceives and creates it.

#2 AI is becoming the universal engine of execution. It is not only replacing human activity, but also the concept of the firm. AI-driven processes are more scalable than traditional processes, and they enable greater scope and learning opportunities.

#3 We are in a new age of artificial intelligence, and the applications of this technology are changing how industries function and the economy operates.

#4 The age of artificial intelligence is transforming competition. Digital operating models are changing the way we interact with photos, and they are rapidly improving the algorithms used for facial recognition, photo sorting, and image enhancement.

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