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MAKING WISE DECISIONS IN A SMART WORLD
Buch von Peter Verhezen
Sprache: Englisch

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Beschreibung
Good and smart decisions should be distinguished from wise decision-making - especially in the age of artificial intelligence (AI) where algorithms are increasingly used to automate business processes or to augment the accuracy and speed of decisions. This book argues why specific forms of intelligence as well as consciousness and enhanced conscience are crucial to make wise decisions - with consciousness to be clearly distinguished from intelligence. It also addresses why machine learning and smart computers (AI) are plausibly able to make "smart" (and thus to a certain extent "intelligent") decisions but definitely unable to help us to become wiser. In essence, optimizing a desired output in a business context will require a balanced approach with cognitive awareness and ethical reflection - synthesizing intuitive and algorithmic thinking - encompassing short-term profit and longer-term envisioning, and aiming to optimize created and captured value for shareholders while taking the concerns of those who have a real stake in the organization seriously. If business is about creating and sharing value in a future that is both "digital" and "relational", then innovative technologies like AI will play an increasingly important role. Consequently, mindful executives and their responsible boards therefore need to acknowledge the limitations of AI in business - especially when the uncertain future is estimated to be rather volatile or ambiguous than stable.
Good and smart decisions should be distinguished from wise decision-making - especially in the age of artificial intelligence (AI) where algorithms are increasingly used to automate business processes or to augment the accuracy and speed of decisions. This book argues why specific forms of intelligence as well as consciousness and enhanced conscience are crucial to make wise decisions - with consciousness to be clearly distinguished from intelligence. It also addresses why machine learning and smart computers (AI) are plausibly able to make "smart" (and thus to a certain extent "intelligent") decisions but definitely unable to help us to become wiser. In essence, optimizing a desired output in a business context will require a balanced approach with cognitive awareness and ethical reflection - synthesizing intuitive and algorithmic thinking - encompassing short-term profit and longer-term envisioning, and aiming to optimize created and captured value for shareholders while taking the concerns of those who have a real stake in the organization seriously. If business is about creating and sharing value in a future that is both "digital" and "relational", then innovative technologies like AI will play an increasingly important role. Consequently, mindful executives and their responsible boards therefore need to acknowledge the limitations of AI in business - especially when the uncertain future is estimated to be rather volatile or ambiguous than stable.
Details
Erscheinungsjahr: 2023
Fachbereich: Anwendungs-Software
Genre: Informatik
Rubrik: Naturwissenschaften & Technik
Medium: Buch
Inhalt: Gebunden
ISBN-13: 9789811268052
ISBN-10: 9811268053
Sprache: Englisch
Ausstattung / Beilage: HC gerader Rücken kaschiert
Einband: Gebunden
Autor: Peter Verhezen
Hersteller: World Scientific
Maße: 235 x 157 x 30 mm
Von/Mit: Peter Verhezen
Erscheinungsdatum: 07.03.2023
Gewicht: 0,839 kg
Artikel-ID: 125811799
Details
Erscheinungsjahr: 2023
Fachbereich: Anwendungs-Software
Genre: Informatik
Rubrik: Naturwissenschaften & Technik
Medium: Buch
Inhalt: Gebunden
ISBN-13: 9789811268052
ISBN-10: 9811268053
Sprache: Englisch
Ausstattung / Beilage: HC gerader Rücken kaschiert
Einband: Gebunden
Autor: Peter Verhezen
Hersteller: World Scientific
Maße: 235 x 157 x 30 mm
Von/Mit: Peter Verhezen
Erscheinungsdatum: 07.03.2023
Gewicht: 0,839 kg
Artikel-ID: 125811799
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