The AI Moment—and the Pricing Blindspot It is the world of artificial intelligence now, that much is pretty much accepted. But what people have not yet been able to understand fully is the impact it would have on something that is completely beyond, you know, expectations of most people. And that is pricing. Pricing is in a state of flux in any number of industries - that is beginning to be known; what is lesser known is that this is creating a unique matrix between competitive pressure and market dynamics which is going to make things challenging for business managers worldwide. How AI Is Driving Costs Down What is happening is, while it is known that artificial intelligence and proper planned implementation can shorten development cycles, it can shorten execution cycles, it can shorten product to market costs & times - it can lessen product costs across industries. It helps us save money during the advertising execution process, in an ad agency. It helps us ship new feat...
𝗔𝗜: 𝗪𝗲, 𝗔 𝗣𝗲𝗼𝗽𝗹𝗲 𝗣𝘂𝗻𝗰𝗵 𝗗𝗿𝘂𝗻𝗸 𝗢𝗻 𝗜𝘁𝘀 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 :--> 𝗪𝗵𝗮𝘁 𝗺𝗮𝗸𝗲𝘀 𝗔𝗜 𝘁𝗿𝘂𝗹𝘆 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 from the other tech innovations we have seen is not just the capability it contains; it is the scale of what is coming that is the defining aspect. While we go gung-ho ahead on the AI bandwagon, what truly has me worried is that we are not factoring in the risks either at individual levels or at scale. Happily, early trends of an awakening is present in customers judging from my interactions with them - but this is yet to feature in organisations' focus. My deepest sincere desire in this domain is that we, all of us, place risk at the forefront while designing and implementing AI solutions... AI is going to become increasingly embedded across regulatory, financial, personal and business domains. Once these systems become deeply interconnected, the internet at its most vibrant and interconnected may seem almost ...