2021
DOI: 10.1177/08404704211037995
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Preparing for the future: How organizations can prepare boards, leaders, and risk managers for artificial intelligence

Abstract: Artificial Intelligence (AI) is the notion of machines mimicking complex cognitive functions usually associated with humans, such as reasoning, predicting, planning, and problem-solving. With constantly growing repositories of data, improving algorithmic sophistication and faster computing resources, AI is becoming increasingly integrated into everyday use. In healthcare, AI represents an opportunity to increase safety, improve quality, and reduce the burden on increasingly overstretched systems. As applicatio… Show more

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Cited by 10 publications
(3 citation statements)
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“…Once the transaction and operation costs for managers are reduced, teams can coordinate knowledge transfer in a more sensible and structured way and collaborate on projects while outsourcing complex cognitive functions to machines (Dixit et al, 2021). For the relationship between R&D collaboration breadth and innovation outcomes, this means that the diminishing marginal returns to R&D collaboration breadth locally and the negative effect of the R&D collaboration breadth outside of a region can be reduced, increasing innovation outcomes.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…Once the transaction and operation costs for managers are reduced, teams can coordinate knowledge transfer in a more sensible and structured way and collaborate on projects while outsourcing complex cognitive functions to machines (Dixit et al, 2021). For the relationship between R&D collaboration breadth and innovation outcomes, this means that the diminishing marginal returns to R&D collaboration breadth locally and the negative effect of the R&D collaboration breadth outside of a region can be reduced, increasing innovation outcomes.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…The healthcare system, notably the leadership, had to develop strategies to contain the changes. Nevertheless, unexpected operational changes have always characterized the healthcare http://dx.doi.org/10.21511/ppm.22 (1).2024.08 environment, and some scholars have suggested the application of Artificial Intelligence (AI) to help "focus on risk identification, management, and mitigation" (Chen & Decary, 2020; Dixit et al, 2021). This study noted three significant concepts related to crisis and leadership practices in managing the pandemic in Jordan -the integration of healthcare reforms, adjusting to COVID-19, and implementing new leadership practices.…”
Section: Management Practices In Running the Daily Operations In Jord...mentioning
confidence: 99%
“…More broadly, this research is expected to contribute to addressing the question of whether humans will continue to play a meaningful role in a future likely to be dominated by AI [ 15 ]. The increasing sophistication of algorithms, matched by advances in data acquisition and data storage, is integrating AI into many facets of life [ 16 ]. This presents both opportunities and challenges.…”
Section: Introductionmentioning
confidence: 99%