HBR Strategy Summit explores future impact of artificial intelligence on business

Andrew McAfee, principal research scientist at MIT and cofounder of the MIT Initiative on the Digital Economy at the MIT Sloan School of Management
Andrew McAfee, principal research scientist at MIT and cofounder of the MIT Initiative on the Digital Economy at the MIT Sloan School of Management
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The Harvard Business Review announced on April 2 that it is launching a four-part special series focused on the rapid development of artificial intelligence and its uncertain effects on productivity, employment, and competitive advantage. The series features discussions from the recent HBR Strategy Summit.

This topic is important as organizations across industries are grappling with how AI will affect their operations and workforce planning. The implications for leaders and employees remain unclear as technology evolves quickly.

In the first episode, Andrew McAfee, principal research scientist at MIT and cofounder of the MIT Initiative on the Digital Economy at the MIT Sloan School of Management, said that “nobody knows anything” about how AI will ultimately reshape business. He discussed what steps leaders should consider in this environment of uncertainty. McAfee also warned that reducing entry-level hiring due to AI could be a significant long-term mistake for companies.

Audience questions were included in the conversation by HBR editor at large Adi Ignatius, providing additional perspectives from business professionals concerned about navigating these changes.

As more companies seek guidance on integrating artificial intelligence into their strategies, insights from experts like McAfee may help shape future approaches to leadership and talent management.



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