Competing in the AI Economy

MIT’s Andrew McAfee discusses the disruptive force of machine learning with McKinsey Analytics

AI has arrived, but are companies ready for it? According to IDE co-director, Andrew McAfee, executives are underestimating the speed, scope, and scale of the disruption it will bring.

In an interview with McKinsey Analytics, McAfee explains how AI, and machine learning in particular, is quickly disrupting companies’ economic models, strategy, culture, and the very nature of how they are structured and run. But there are opportunities for companies that can answer the call — and meet the needs and wants of consumers, he says. An edited transcript of McAfee’s remarks, as well as the video, can be found here.