Beena Ammanath, Global Deloitte AI Institute Leader, Founder of Humans For AI, and author of “Trustworthy AI” and “Zero Latency Leadership”, emphasizes the importance of effective leadership in the age of artificial intelligence (AI). As AI continues to advance, there is a need for leaders to have a grounded perspective on the technology’s potential impact and to navigate the challenges and opportunities that come with it.
In the midst of the AI revolution, there is a mix of excitement and concern surrounding the technology. With the emergence of generative AI models that can mimic human content creation, there is a fear of job displacement, economic inequality, and erosion of trust in institutions. However, it is crucial for leaders to maintain a realistic view of AI and its implications for the future.
Ammanath highlights three streams of AI progress: core technology development, implications from technology adoption, and policy and rulemaking. While technology development receives the most attention and investment, there is a need for equal focus on understanding and mitigating risks associated with AI adoption. Policy and rulemaking play a crucial role in establishing guidelines for responsible AI use, but progress in this area is slow.
As in the case of the automobile industry, where innovation was followed by the establishment of safety regulations and laws, the adoption of AI will eventually lead to a world where AI is commonplace and well-regulated. Enterprise leaders must play a key role in guiding their organizations through this transitional period, keeping AI discussions grounded in reality while still embracing the potential benefits of AI technology.
The future with AI may be uncertain, but by investing in all three streams of AI progress, enterprise leaders can accelerate the responsible adoption of AI and unlock its full potential. It is essential for leaders to remain optimistic and forward-looking while also addressing the risks and challenges associated with AI adoption. By taking a measured view of AI and making informed decisions, organizations can navigate the AI revolution successfully and reap the benefits of this transformative technology.
