Will Artificial Intelligence Change Strategic Top Management Competencies?

Abstract

The probability is high that Artificial Intelligence (AI) will provide the answer to future product and market innovations.  It has the ability to induce a fundamental change in products, markets, models, and paradigms. Manufacturing and a wide spectrum of services are undergoing a near-revolutionary change driven by AI delivered innovations. Computing equipment capable of what one may term partial and quasi-intelligent behavior is the trigger. Ways and means of converting this new phenomenon into the strategic behavior of firms is a murky process today. Yet this process will create new premises for strategic thinking and, in the process, new demands on executive competencies.