Last week I attended the opening of an impressive exhibition at our Birmingham Museum of Art titled “Monet to Matisse” which is on loan from The Brooklyn Museum. The artwork spoke for itself, and the bonus was hearing Joseph Curtain, of BofA. His comments centered on AI and how this technology might assist a company’s growth, but also what it might not do. A few quick take aways:
- Transformative innovation is poised to drive the global innovation cycle throughout this century.
- As developed economies face declining populations, productivity gains will increasingly depend on transformative technologies such as AI, quantum computing, robotics, and other advanced innovations.
- AI is NOT yet a substitute for deep tacit knowledge which experienced workers have accumulated over the years. This expertise will remain essential, especially in these early stages, to evaluate, refine and oversee AI-generated outputs.
All good thoughts to consider, for sure.
