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Piers Finlayson's avatar

Thought you’d appreciate this Price Pritchett quote I came across today:

“Organizations can’t stop the world from changing. The best they can do is adapt. The smart ones change before they have to. The lucky ones manage to scramble and adjust, when push comes to shove. The rest are losers, and they become history.”

Piers Finlayson's avatar

As someone who has spent a lot of time on that train line, I love the analogy. However, I’m less on board with the point you make - I think it is less black and white that you suggest. I agree that one might as well adopt (experiment with, learn from, etc) AI as soon as possible, as it may provide some advantages, and it’s not going away, But I’m not sure I agree that failing to adopt AI immediately will mean irrelevance and death.

It will vary by industry - I’m sure, for example, that there’s significant advantages to most software developers in adopting AI today, and failing to do so will create more and more competitive pressure. However, I see enough poor uses of AI to be sure that it’s going to take a while before there’s a killer app. An example that it relevant to me today is ebay - when listing an item ebay offers to have AI to create the description for an item. But as a serial buyer, they are worse than useless. All of the descriptions sound identical and tell me nothing I don’t already know. I want to know whether the item came from a smoking/non-smoking home, whether it was stored in a dry loft or damp shed, etc - none of which AI can or will tell me. And worse, I used AI to list a product I wanted to sell, despite hating it as a buyer. </rant>

And, just because there are examples of companies dying because they failed to adopt new trends - there are plenty of converse examples of them coming to them late, and still succeeding. Microsoft, internet …

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