All-in On AI: How Smart Companies Win Big with Artificial Intelligence by Thomas H. Davenport. Tom Davenport holds the President’s Chair in Information Technology and Management at Babson College.
As previously stated, Tom’s vast experience includes directing research centers at Ernst & Young, McKinsey & Company, CSC Index, and the Accenture Institute of Strategic Change. Tom holds a B.A. in sociology from Trinity University and M.A. and Ph.D. in sociology from Harvard University.
Tom is certainly providing an overview to large multinational corporations (Deloitte) embrace of AI and how they leverage AI for a competitive business advantage. this book is more targeting large multinationals including, Anthem, Airbus, and Capital One.
However Tom is providing insights to how the next phase in AI deployments are now emerging. It is not hard to say multinationals will need to drive new business models and increase each organizations fluency in AI moving forward.
AI is here to stay. So, to help multinational businesses to understand this transition will have hit and misses. This is not an easy or cheap endeavor, but it is where our future is going, so get on board if you want to succeed.
Chapter 4: Technology and Data
Perhaps no better example of why this book is driven for large organizations is simply the requirement to stand up any AI technology. Supporting a broad range of AI tools, broad scale data management and building a high performance computing infrastructure for AI. For more insights see Working with AI:
Tom closes the book regarding companies that are “AI-fueled” and are very limited to perhaps only 1% of all large companies. Again to his point, these companies are also holding stock prices four times the performance of the S&P 500 over the last five years. So, in effect a select few already hold better business models and offer better products and services.
In conclusion, I have been on an AI reading journey since the pandemic. I found this book with a few worthy ideas but overall it failed Tom’s reputation for deeply insightful books regarding AI.