“For example, while the broad shift toward remote work could help promote diversity with more flexible hiring, I see the increasing use of AI as likely to have the opposite effect. Black and Hispanic workers are overrepresented in the 30 occupations with the highest exposure to automation and underrepresented in the 30 occupations with the lowest exposure. While AI might help workers get more done in less time, and this increased productivity could increase wages of those employed, it could lead to a severe loss of wages for those whose jobs are displaced. A 2021 paper found that wage … read more >
The Generative AI: Executive Strategies to Unlock Enterprise Value program offered by Kellogg Executive Education aims to equip executives with the knowledge and skills to implement an AI strategy for their organization, infuse AI into core functions and business processes, and explore issues of competition, governance, and ethics. The program covers topics such as generative AI use cases, building an AI-ready platform and organization, and putting generative AI to work. The program is designed for C-level executives, division presidents, and vice presidents, as well as senior managers and … read more >
A survey conducted by Clarify Capital, a small business lender, found that GPT-4-generated pitches were three times more likely to secure funding than human ones. The survey asked 250 investors and 250 business owners to rate a set of human-created and GPT-4-generated pitch decks without letting the participants know that AI was involved. The AI-generated pitches beat out human ones in quality, key element description, and problem description. The survey also tested the effectiveness of the decks across different industries, including finance, marketing, and investment. read more >
IBM CEO Arvind Krishna has announced that the company will pause or slow hiring for roles that could be replaced by AI in the coming years. Back-office positions and departments such as HR, which make up around 26,000 positions in IBM’s workforce, could see up to 30% of jobs replaced by AI and automation over a five-year period, potentially affecting around 7,800 human jobs. However, IBM is still hiring for customer-facing and software development roles. read more >
Obvious and interesting point in this debate. I still don’t know why it matters why/how a decision gets made. For me, the question is only “is this the right decision?”. Poor or good reasons, even if we can know them, don’t justify or excuse a poor decision.
Incidentally, this is no different than how we think about human beings. The reasons for a decision might be interesting or even informative, but they don’t make the decision itself good or bad.
“Two-thirds of them tell us that their organizations are overly complex and inefficient, while only about half say their organizations are well prepared for the change that is needed. Rather than facilitating delivery of mission and strategy, organizational structures are standing in their way."— All change: The new era of perpetual organizational upheavalread more >
Generative AI models, such as Stable Diffusion, are amplifying gender and racial biases in their outputs, according to an investigation by Bloomberg. The report found that the model depicted women and people of colour as underrepresented in high-paying jobs and overrepresented in low-paying ones. The model was also found to be inaccurate in its portrayal of skin tones and gender, and to have amplified stereotypes of race and gender in its outputs. The report warns that the use of such models in policing and other areas could exacerbate existing biases in the criminal justice system. read more >
