How To Turn Executives Into Wizards

As comments on our blog posts have been far and few so far, we interact informally with groups of executives to get valuable feedback to ensure our efforts bring benefits to readers.  This week's topic is the result of the following discussion with one such group and it was a revelation to us.       "You just touch upon vital topics and leave them, saying that the rest of the issues are obvious." "Can you be more specific?" "Yes, the blog on various quotients was really new and insightful and beneficial. But, you only explained two and moved on to the next topic." “Let's make amends right away. Which specific quotient is a priority for you?” “Integrity Quotient.”                                                  ...

  P rod & O rder W orkers/ E mployees for ‘ R esults’ is now Obsolete but Power Still Promotes Progress and Profits  in AI age but on a New Premise P assions O ptimism W isdom E nterprise R ewards All throughout history, power has been a measure of influence or control over outcomes, events, actors and issues. However, the means of acquiring and using power have metamorphosed from muscle to money, to mind and to machines based on AI, due to cataclysmic changes in the environment. And what’s coming could not have been conjured up by the wildest imagination. Historian and the author of Sapiens, Yuval Noah Harari, warns, “AI could cause ‘catastrophic’ financial crisis”. His logic is based on historical facts. He recalls that the 2007-08 financial crisis was created because very few people understood the new debt instruments, ‘Collaterelised Debt Obligations’ (CDO). And now, AI is not only getting wider controls, but it can create newer financial instruments that may be...