Reading Time: 3 minutes Generative AI, as explained by Anton Ovchinnikov in the Welcome to INSEAD Explains video series, involves machine learning models trained to produce new data that mirrors their training data. This marks a departure from traditional models aimed at specific predictions. It means that AI differs from algorithmic models by integrating the ability to combine human-like data processing, acquired through machine learning. This functionality is similar to the living human intellect, which also formulates thoughts in the moment based on everything read and learned throughout li ..read more

Reading Time: 3 minutes The research paper by Alex Makarevich, titled Attention to alliances: The role of attention relational embeddedness and concentrated governance in the success of U.S. venture capital syndicates, published in 2024, explores the interplay between organizational attention and the success of inter-firm alliances, specifically within the context of U.S. venture capital (VC) syndicates. The study analyzes U.S. VC syndicates from 1980-2020 and confirms hypotheses on venture success factors. For those who might have forgotten, a venture is an activity, usually in business, that ..read more

Reading Time: 2 minutes Businesses are continuously exploring innovative strategies to engage customers, enhance brand loyalty, and drive growth. One such strategy that has garnered significant attention is gamification. The recent study by Michael G. Jacobides, M. Dalbert Ma, Konstantinos Trantopoulos, and Vasilis Vassalos offers valuable insights into the business value of gamification. This research, grounded in a comprehensive analysis of 40 high-profile gamification projects, uncovers the key features that contribute to successful gamification strategies and the ethical considerations bus ..read more

Reading Time: 3 minutes A recent article by Brian Eastwood discusses research spearheaded by Kristina McElheran in collaboration with the National Bureau of Economic Research, the U.S. Census Bureau, and the National Center for Science and Engineering Statistics. Experts analyze 850,000 firms across the private non-farm economy. The study sheds light on the early adoption and diffusion of five AI-related technologies (automated-guided vehicles, machine learning, machine vision, natural language processing, and voice recognition) in various sectors and regions in America. As of 2017, larger fir ..read more

Reading Time: 2 minutes The UK government has outlined a “light-touch” approach to AI regulation, emphasizing a preference for flexible principles over complex rules. Detailed in a white paper titled “A pro-innovation approach to AI regulation,” the government’s stance avoids setting up a dedicated AI watchdog or introducing new legislation, instead empowering existing regulators with principles. This strategy aims to foster innovation while relegating the management of AI risks to existing, potentially overstretched regulatory bodies, which will handle issues on a case-by-case basis using the ..read more

Reading Time: 3 minutes Just over a week following the debut of the Apple Vision Pro headset, Tomorrow University of Applied Sciences in Berlin has launched a pioneering “Impact MBA x Vision” program, designed for the Vision Pro to offer a radically immersive online MBA focusing on Sustainability, Leadership, and Business Innovation, initially available in the U.S. The program, part of a broader portfolio including degrees in sustainable business and technology, aims to equip future leaders with in-demand skills for positive environmental and societal impact. The Vision Pro, Apple’s first spat ..read more

Reading Time: 3 minutes In a rapidly evolving global landscape, two new works — The AI Revolution in Project Management: Elevating Productivity with Generative AI by Vijay Kanabar and Jason Wong, and Wealth and Climate Competitiveness: The New Narrative on Business and Society by Bruce Piasecki — stand out for their innovative approach to pressing challenges. These books, while focusing on distinct domains of artificial intelligence in project management and business’s role in climate change, converge on a key theme: leveraging innovation for transformative solutions. Continue reading to uncov ..read more

Reading Time: 3 minutes How do we ethically harness the power of artificial intelligence (AI) without compromising our values and societal norms? As AI reshapes our world, this question becomes increasingly pertinent, challenging leaders to navigate a complex web of ethical considerations. The key lies in understanding the intricate balance between technological advancement and ethical responsibility. Embracing AI’s potential while vigilantly managing its risks requires a blend of transparency, proactive governance, and a commitment to inclusivity and diversity in tech development. This invite ..read more

Reading Time: 2 minutes PwC U.S. announced a $1 billion investment, focusing on expanding AI client solutions and partnerships with Microsoft and OpenAI. Innovations include AI training for 75,000 employees, with Yolanda Seals-Coffield, Chief People Officer at PwC, spearheading the talent development. Their innovative ChatPwC tool, leveraging OpenAI’s prowess, is revolutionizing tasks like asset valuations and report summarizations, turning employees into pioneers testing AI’s potential. Collaborating with Harvey, PwC’s startup with custom AI solutions for tax, legal, and HR, demonstrating AI ..read more

Reading Time: 3 minutes Take a moment to explore the newly released Network Readiness Index 2023, a comprehensive and insightful analysis of how prepared and equipped nations are in the rapidly evolving digital landscape. This latest edition explores the critical aspects of digital readiness, highlighting the challenges and opportunities digital technologies present to societies, economies, and individuals globally. The Network Readiness Index (NRI) 2023 assesses the digital readiness of 134 economies, including new additions like Mauritania and Uzbekistan, but excluding Trinidad and Tobago. T ..read more