I strongly believe that we are approaching a "multi-death" of enterprises.

One of the most well-known stories is about Kodak, a company that dominated the photography market. They made the wrong strategic decision by not believing in digital cameras. We all know how that ended.

In my experience working with enterprises, I often hear how IT security departments to have a too careful approach, resulting in slow utilisation of new and innovative technology.

As a shareholder and investor, I expect management to explore, iterate, improve, be curious, renew, and innovate. If they don't, someone else will. And they will become another Kodak story, which is taught in the business schools.

Microsoft CEO Satya Nadella predicts an increase in global GDP by $7T-10T and an increased partner opportunity by $2T-2.5T because of what is now unfolding with AI.

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One of many Solutions

Therefore, I propose a proven method: Establish an X Center of Excellence that directly reports to either the CTO or CEO and has a mission to explore values and opportunities for the entire organization. XCoE members should come from across the organization, with a desire for innovation, curiosity, and a solution-oriented mindset that goes beyond one's CV or job title. This will connect or adapt to internal business value.

In investment analysis, the term "Asymmetric Opportunity" is used.

What is Asymmetric Opportunity?Asymmetric Opportunity refers to a situation where the potential upside (profit) of an investment or business decision significantly outweighs the potential downside (loss). In other words, it's about taking calculated risks with the potential for high rewards while keeping the risk of loss relatively low.

Invest in a few Apple Vision Pros, experiment, learn, and iterate. Put the technology in the hands of manufacturing personnel; you will be amazed at what curious humans can and will do if given the opportunity. AI & Apple Vision Pro, it can be an Asymmetric Opportunity.

What is unfolding before our eyes is a shift for humanity that is more significant than anything we have ever seen before. Its implications can be challenging to grasp. Let me give you a few examples of where AI will take over or become a significant integration:

• Autonomous driving
• Robot navigation
• Flying jets
• Languages
• OCR
• Speech to text
• Translation
• Computer programming
• Art, photographs, and videos
• Music
• Contracts/Legal
• Sentiment analysis
• Fraud detection
• Textbooks
• Tutoring
• Grading papers
• Detecting plagiarism
• Anomaly detection
• Medical diagnostics
• Drug discovery
• Protein folding prediction
• Weather forecasting
• Traffic prediction
• Playing games
• Business plans and budgets
• Conversation partner
• Customer Service
• Product recommendations
• Inventory forecasting
• Stock market prediction
• Biometrics
• Lip-reading

(Credits to James Skinner)

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I believe that the consequences will be even more challenging to predict:

• The workforce will be significantly downsized, or we will allow employees to retire early as we automate processes carried out by humans. AI will dive deep into your business systems, restructure and make business processes more efficient, tasks that take months or years to carry out by consultancy firms or employees.

• Work carried out today will significantly improve with AI, which can consider millions of variables for decision-making.
• Educational systems need to be rebuilt from the ground up. Why should we learn to do anything when AI can do it 100x better and more efficiently? (In a few years from now, we will have invented new interfaces, screens, haptics, etc., between humans and AI, which convey information in entirely new ways. If you compare the first mobile cellphones with today in terms of size, how do you think the Apple Vision Pro will look like in 10 years?)
• Mankind will live longer, feel better, and become more creative as we release time as machines and AI to work for us. For example, having a psychologist or coach available 24/7 customized for you to 100%. Let me make it even more concrete: today, I wear a Whoop. It has significantly improved my performance, helping me understand what and when to adjust my habits, when to sleep, how to recover, and how heavy I should take on in the gym. Now I am looking for a glucose meter to read how my food intake correlates to my performance but foremost wellbeing.
• Soon, you can connect all the data points to your own AI dietitian and AI doctor who gives you live updates on what to eat and what not. Even ordering the food for you - just put it in your mouth. :-)

With a bit of imagination, we can get carried away by the implications AI and machines will bring to our lives.

I recommend watching a few movies that would broaden your horizons:

• Her
• The Lawnmower Man

But will AI have a gut feeling/intuition? :-)

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I highly recommend watching the Ted Talk from James Skinner, which takes only 20 minutes.

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Chris ⚡️

Intra-entrepreneur with a just-do-it-innovatively mentality. I make teams & products excel by taking action.

Unleash Digital Team Excellence for Volvo Cars, Polestar, Molnlycke, SAP, together with Apple

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