I recently heard a wonderful quote from a presenter at an AI conference. It essentially said - “”. This article explores this insight and what, as a business, you can do to benefit, or at least not suffer, from this likely scenario.
You land in a foreign city in the middle of the night. You walk out of the airport and get into a car you have never seen before, driven by someone you do not know. The driver takes you to an apartment you have never seen before, owned by someone you do not know. You take the key from a box and enter. You stay the night in the apartment.
The same goes for AI. The obvious disruptions are already very serious. Take as an example - what happened to Chegg -. This is the case when an AI powered version of a competitive product poses nearly instant and serious threat to an established business by creating an appealing alternative .
Train your employees on AI. These new business models will come from somewhere. If your employees understand what AI is, and have experience using AI to improve your current products - it is far more likely that these foundational ideas will come from your company.