The article includes a poignant quote from Ethan Mollick that encapsulates its central thesis: “Until we change the organization, we won't get much benefit.” This statement succinctly emphasizes the necessity of organizational transformation to effectively leverage AI's potential.
Wharton professor Ethan Mollick says companies must make organizational changes if they want to benefit from AI
Summary
Ethan Mollick, a prominent AI authority and professor at UPenn's Wharton School, argues that companies must implement significant organizational changes to harness the full potential of... read more >
In a remarkable shift towards AI-driven operations, Klarna's CEO Sebastian Siemiatkowski reveals the company's decision to replace human roles with advanced technology, resulting in a 22% decrease in staff. As outlined in a fascinating piece by Bloomberg, this move underscores AI's potential to transform productivity and efficiency within businesses. While profits rise, the implications for the workforce are profound and complex.
"Since it started that push a year ago, the company lost about 22 percent of its headcount, bringing its total staff numbers to about 3,500 people, the Swedish-born...... read more >
