Trend Following With Michael Covel

“AI is the ‘runtime’ that is going to shape all of what we do.” –Satya Nadella, CEO, Microsoft Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning–to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: • Present a framework for rethinking business and operating models. • Explain how “collisions” between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure