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About this book

Get started with artificial intelligence in your business. This book will help you understand AI, its implications, and how to adopt a strategy that is rational, relevant, and practical.
Beyond the buzzwords and the technology complexities, organizations are struggling to understand what AI means for their industry and how they can start their journey. How to Compete in the Age of Artificial Intelligence is not a book about complex formulas or solution architectures. It goes deeper into explaining the meaning and relevance of AI for your business. You will learn how to apply AI thinking across enterprise functions—including disruptive technologies such as IoT, Blockchain, and cloud—and transform your organization.

What You'll Learn
Know how to spot AI opportunities and establish the right organizational imperatives to grow your businessUnderstand AI in the context of changing business dynamics and the workforce/skills required to succeed
Discover how to apply AI thinking across enterprise functions—from the boardroom to cybersecurity, IoT, IT operations, policies—and implement a sustainable and integrated human-machine collaboration strategy


Who This Book is For
CxOs, senior executives, mid-level managers, AI evangelists, digital leads, and technology directors

Table of Contents

Frontmatter

Chapter 1. The Economics of Artificial Intelligence

Abstract
When three types of disruptive forces (a new source of energy, a new kind of transport, and a new kind of communication) converge in concert, something dramatic happens. The cost of goods drops, the demand-supply equilibrium gets disrupted, new avenues of business opportunities open up, society by and large benefits, and we find ourselves at the cusp of an economic revolution. The last economic revolution was driven by oil (new source of energy), automobiles (new kind of transport), and telecommunication (a new kind of communication mode). In the same parlance, the new economy emerging now can be attributed to be driven by the convergence of data (the new oil), autonomous vehicles, and digital communication.
Soumendra Mohanty, Sachin Vyas

Chapter 2. Reimagining Competitive Advantage in the AI World

Abstract
AI as an area of research and fascination has been around for a long time. It’s a field that once disappointed its proponents in terms of progress and is now at the forefront of solving real-world problems. It’s rapidly entering into our daily lives as it expands into activities commonly performed by humans, often raising concerns about our very existence.
Soumendra Mohanty, Sachin Vyas

Chapter 3. Board to CEO: “What’s Your AI Strategy?”

Abstract
Dear CEO, artificial intelligence is your biggest threat and your biggest opportunity, so what’s your AI strategy?
Soumendra Mohanty, Sachin Vyas

Chapter 4. Inside the Black Box: Understanding AI Decision Making

Abstract
AI’s ability to keep improving its predictive capabilities just by learning from the data and without significant involvement from humans to explain exactly how to accomplish the tasks is a big deal. Why?
Soumendra Mohanty, Sachin Vyas

Chapter 5. Intelligent Process Automation = RPA + AI

Abstract
Robotic process automation (RPA) and artificial intelligence (AI) have traditionally been viewed as separate and somewhat unequal worlds—individually driving significant efficiencies for organizations.
Soumendra Mohanty, Sachin Vyas

Chapter 6. Cybersecurity and AI

Abstract
For a long time, cybersecurity was a war among humans. The protection mechanism was largely a “seal the borders” approach, via firewalls, proxies, antivirus software, access controls, dynamic passwords, and so on. However, these old methods are beginning to seem inadequate as the battlefield has changed to human versus machine. With the increasing number of entry points into the enterprise systems landscape and more connected devices as endpoints, news about security breaches are appearing more frequently than before.
Soumendra Mohanty, Sachin Vyas

Chapter 7. Intelligence of Things = IoT + Cloud + AI

Abstract
With the Internet of Things (IoT) and artificial intelligence, one is the enabler and the other is the disruptor. Both of these technologies, individually, are transforming businesses and lives.
Soumendra Mohanty, Sachin Vyas

Chapter 8. IT Operations and AI

Abstract
Every business is becoming a digital business, and as a result, there is a continuous drive to put everything on the cloud, become data driven, embed AI into every process, and do everything in an extreme Agile model. While all these are good and probably an essential complexity of becoming a digital business, at the same time being digital means being caught between the constant tussle of development and operations activities. This is reminiscent of the second law of thermodynamics: entropy increases over time unless energy is introduced into the system from outside.
Soumendra Mohanty, Sachin Vyas

Chapter 9. Decentralized Autonomous Organizations = Blockchain + AI + IoT

Abstract
Blockchain, AI, and IoT are all technology disruptions: Blockchain promotes decentralized applications in an open-data environment, AI provides intelligence through a centralized data and analytics platform, and IoT enables devices/machines to be connected via a centralized cloud storage and processing service.
Soumendra Mohanty, Sachin Vyas

Chapter 10. Ethics and AI

Abstract
AI, especially ANI (Artificial Narrow Intelligence), is beginning to occupy a unique place in our lives. There are virtual personal assistants, hosts of intelligent apps on our smart phones, self-driving cars, intelligent home appliances, smart buildings, smart homes, and many more. No other technology has the kind of far-reaching implications that AI has, across so many industries and all spheres of our lives. This is what makes it so fascinating; it is truly incredible and no less than a sci-fi plotline.
Soumendra Mohanty, Sachin Vyas

Chapter 11. Putting It All Together: Toward a Human-Machine Collaborative Ecosystem

Abstract
British botanist Arthur Tansley in the 1930s developed the concept of the ecosystem, inspired by how a localized community of living organisms interact with each other and use the environment to sustain, thrive, and even adapt to changes in the environment.
Soumendra Mohanty, Sachin Vyas

Backmatter

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