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Management article
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Reference no. ROT333
Published by: Rotman Management Magazine
Originally published in: "Rotman Management Magazine", 2017

Abstract

When looking to assess the impact of radical technological change, the key is to ask yourself, What is this reducing the cost of? Only then can you determine what might really change. The authors - key players in the University of Toronto's Creative Destruction Lab - argue that in the case of Artificial Intelligence, the answer is prediction. They show how this is posing a slew of new challenges for managers and employees alike.

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Abstract

When looking to assess the impact of radical technological change, the key is to ask yourself, What is this reducing the cost of? Only then can you determine what might really change. The authors - key players in the University of Toronto's Creative Destruction Lab - argue that in the case of Artificial Intelligence, the answer is prediction. They show how this is posing a slew of new challenges for managers and employees alike.

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