Demystifying AI: What Digital Transformation Leaders Can Teach You about Realistic Artificial Intelligence

2019 ◽  
Vol 61 (4) ◽  
pp. 110-134 ◽  
Author(s):  
Jürgen Kai-Uwe Brock ◽  
Florian von Wangenheim
Keyword(s):  
Artificial Intelligence ◽  
Case Studies ◽  
Public Interest ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Senior Managers ◽  
Technological Advances

Recent years have seen a reemergence of interest in artificial intelligence (AI) among both managers and academics. Driven by technological advances and public interest, AI is considered by some as an unprecedented revolutionary technology with the potential to transform humanity. But, at this stage, managers are left with little empirical advice on how to prepare and use AI in their firm’s operations. Based on case studies and the results of two global surveys among senior managers across industries, this article shows that AI is typically implemented and used with other advanced digital technologies in firms’ digital transformation projects. The digital transformation projects in which AI is deployed are mostly in support of firms’ existing businesses, thereby demystifying some of the transformative claims made about AI. This article then presents a framework for successfully implementing AI in the context of digital transformation, offering specific guidance in the areas of data, intelligence, being grounded, integrated, teaming, agility, and leadership.

Das Zeitalter der Künstlichen Intelligenz als Herausforderung für die Parlamente

2021 ◽  
Vol 52 (1) ◽  
pp. 159-181
Author(s):  
Arne Pilniok
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Processes Of Change ◽  
Parliamentary Democracy ◽  
Democratic Representation ◽  
Government Administration ◽  
Technological Developments ◽  
Different Dimensions ◽  
The Government

The digital transformation is permanently changing the government, administration, and society . This process is being intensified by the much-discussed technologies of artificial intelligence, and poses a variety of challenges for parliaments and indirectly for parliamen­tary studies . Their different dimensions have not been discussed comprehensively so far, although the technological developments affect all parliamentary functions and their prem­ises . This article systematizes and structures the various effects of the age of artificial intel­ligence on parliamentary democracy . Namely, the conditions of democratic representation change, the innovation-friendly regulation of digital technologies becomes a parliamentary task, parliamentary control has to be adjusted to the use of algorithms and artificial intelli­gence in government and administration, and possibly, the epistemological and organiza­tional structures of parliamentary work might have to be adapted . This provides starting points for future detailed analyses to adequately capture these processes of change and to accompany them from different disciplinary perspectives .

scholarly journals Service Design Creating Value for Industrial Corporates through AI Proofs of Concept

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Essi KUURE ◽  
Titta JYLKÄS ◽  
Satu MIETTINEN
Keyword(s):  
Artificial Intelligence ◽  
Case Studies ◽  
Service Design ◽  
Service Development ◽  
Proof Of Concept ◽  
New Ways Of Working ◽  
Technological Advances ◽  
Industrial Service ◽  
Industrial Context

The field of service design has set practices that are useful during servitization transformations intended to help businesses respond to customers’ rising expectations regarding the value of the service experience itself. As businesses increasingly pursue service development alongside product development, they need new ways of working and of evaluating solutions. Simultaneously, technological advances open avenues to new services and ways of interacting with customers. This paper draws on two workshop case studies of artificial intelligence (AI) assistant projects to examine service design in the industrial context. Through these case studies, the paper illustrates how proof of concept (PoC) is used at different project stages and explores how service design can support creation of PoCs in large industrial corporate contexts. The findings reveal the aspects of PoC as embodied experiencing of intangible AI concepts, the creation of PoCs through conversations, and the role of PoCs in industrial service design process.

scholarly journals Strategic development of scientific and technical potential of industry during the digital transformation of economy

2021 ◽  
Vol 14 (4) ◽  
pp. 410-417
Author(s):  
T. O. Tolstykh ◽  
S. E. Afonin
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Transformation ◽  
The Internet ◽  
Strategic Development ◽  
Industrial Enterprises ◽  
Current State ◽  
Technical Potential ◽  
The World ◽  
The Internet Of Things

Currently the speeding up of digital transformation makes it obvious that application of digital technologies and the degree of involvement into digital transformation is an essential and significant aspect of scientific and technical potential of an industrial enterprise. The article is devoted to the analysis of trends and prospects of development of basic technologies which are the basis for digital transformation of the world economics: the Internet of things, artificial intelligence, robotization and technologies of the big data processing. The authors present the assessment of the current state of digitalization for Russian industrial enterprises by analyzing the data on the implementation of the above mentioned technologies in business-process.

scholarly journals Improvement of Investment Attractiveness and Efficiency of Agriculture Enterprises as a Result of Digital Technologies

2020 ◽  
Vol 9 (3) ◽  
pp. 3036-3040
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Agricultural Products ◽  
Industrial Complex ◽  
Innovative Development ◽  
Agricultural Enterprises ◽  
Registry System ◽  
Fixed Assets ◽  
The Russian Federation

The article considers the main projects aimed at innovative development and digital transformation of agriculture in Russia. This topic is very relevant in connection with programs of the Russian Federation government aimed at the innovative development of the country's economy in general, and in particular within the framework of the project on digitalization of agriculture. The aim of the study is to develop a mechanism for applying blockchain and token decentralized registry systems to improve efficiency of agricultural enterprises. The options for introducing artificial intelligence into the work of the agro-industrial complex, as well as the effect that can be obtained, are analyzed. Ideas of using the distributed blockchain registry system in managing fixed assets of agricultural enterprises and the scheme of creating a database across the country are presented. The methods of using tokens for the conclusion of contracts and sale of agricultural products, which will allow to build mutually beneficial cooperation for buyers and sellers of agricultural products, and receive reliable information about the methods of its cultivation.

Data on Digital Transformation in the German Socio-Economic Panel

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Alexandra Fedorets ◽  
Stefan Kirchner ◽  
Jule Adriaans ◽  
Oliver Giering
Keyword(s):  
Artificial Intelligence ◽  
Empirical Evidence ◽  
Empirical Research ◽  
Digital Technologies ◽  
Household Survey ◽  
Digital Transformation ◽  
Reliable Data ◽  
Evidence Based ◽  
The World ◽  
Public Debates

Abstract Public debates and current research on “digitalization” suggest that digital technologies could profoundly transform the world of work. While broad claims are common in these debates, empirical evidence remains scarce. This calls for reliable data for empirical research and evidence-based policymaking. We implemented a data module in the Socio-Economic Panel to gather information on digitalization in three domains: artificial intelligence (AI), platform work, and digitalized workplace. This paper describes the existing approaches to measure technological exposure, the challenges in operationalization of digital transformation in a household survey, the implemented questionnaire items, and the research potential of this new data.

Digital Transformation in Banks of Different Sizes

2021 ◽  
pp. 161-185
Author(s):  
Teresa Czerwińska ◽  
Adam Głogowski ◽  
Tomasz Gromek ◽  
Paweł Pisany
Keyword(s):  
Banking Sector ◽  
Returns To Scale ◽  
Banking System ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Point Of View ◽  
Macroprudential Policy ◽  
Positive Feedback Loop ◽  
Technological Advances ◽  
The Cost

Technological advances in data transmission and processing are an important structural factor influencing the banking sector. As they have an important impact on the cost base of banks and are characterized by large one-off costs, it is argued that investments in digital technologies enhance the positive returns to scale in the banking system. This in turn further improves the competitive position of the largest market players, creating a positive feedback loop. In the longer run, this leads to a polarization of the banking sector, between large universal banks and small specialized banks. These processes are important from the point of view of macroprudential policy, notably in the dimension of reducing the risks connected with the emergence of “too big to fail” institutions. The chapter illustrates these issues using the results of a survey on the investments of banks in digital transformation in Poland, focusing on the relationships between market structure, financial position, and investments in digital technologies.

scholarly journals Implementing a Digital Strategy: Learning from the Experience of Three Digital Transformation Projects

2020 ◽  
Vol 62 (4) ◽  
pp. 37-56 ◽  
Author(s):  
Alessia Correani ◽  
Alfredo De Massis ◽  
Federico Frattini ◽  
Antonio Messeni Petruzzelli ◽  
Angelo Natalicchio
Keyword(s):  
Case Studies ◽  
Business Model ◽  
Rapid Growth ◽  
Digital Technologies ◽  
Strategy Implementation ◽  
Digital Transformation ◽  
Strategy Formulation ◽  
Business Architecture ◽  
Digital Strategy ◽  
Transformation Strategy

The rapid growth of digital technologies and the extraordinary amount of data that devices and applications collect each day are increasingly driving companies to radically transform the business architecture through which they create and appropriate value. However, companies may fail to extract value from digital transformation due to the disconnection between strategy formulation and strategy implementation. Through the analysis of three case studies of firms that digitally transformed their business—namely ABB, CNH Industrial, and Vodafone—this article presents a framework than can help companies implement their digital transformation strategy and thereby renovate their business model.

scholarly journals Digital Transformation in the Concept of Internal Banking Risk Management

2020 ◽  
pp. 45-50
Author(s):  
D. V. Pasinitsky
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Data Mining ◽  
Risk Management ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Targeted Analysis ◽  
Banking Risk ◽  
Learning Data

The article is devoted to a targeted analysis of promising displacements in the guiding ideas of managing internal banking risks. Based on the study, the author proposes to intensify the introduction of digital technologies in banking practice based on: artificial intelligence, machine learning, data mining.

DIGITALIZATION OF THE ACTIVITIES OF CUSTOMS: RESULTS AND PROSPECTS

2021 ◽  
Vol 1 (175) ◽  
pp. 126-139
Author(s):  
D.P. Melnik ◽  
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Customs Administration ◽  
Work Done

This article examines and analyzes the Strategy for the development of the customs service until 2020 and until 2030, draws conclusions about the work done to introduce digital technologies into the customs sphere, analyzes the activities of the customs service for 2014-2019. Also in the presented work, the positive aspects and emerging risks associated with the introduction of artificial intelligence are noted. As a result, a conclusion was formulated about the place of a customs officer in the new conditions of digital transformation in the system of customs administration.

Prospects for digitalization of the environmental monitoring system

2021 ◽  
Author(s):  
M.A. Viderker ◽  
E.V. Rassadina
Keyword(s):  
Artificial Intelligence ◽  
Environmental Monitoring ◽  
Monitoring System ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Nature Management ◽  
The Internet ◽  
Advanced Technologies ◽  
Environmental Monitoring System ◽  
The Internet Of Things

Currently, digitalization affects various sectors of the economy. The state plays a significant role in regulating digitalization. Digital transformation opens up great prospects for the ecology and nature management industry. The main advanced technologies that will allow the industry to reach a qualitatively new level are big data, the Internet of Things and artificial intelligence. The introduction of digital technologies and platform solutions into an integrated environmental monitoring system will allow to quickly carry out integrated collection, processing and analysis of data, forecasting and management decisions on environmental protection issues, and ensure the openness of data and decisions made. Key words: digital technologies, digitalization, digital economy, ecology, nature management, environmental monitoring.

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