From the course: Where to Start with AI and Business Strategy with Chris McKay
How should leaders approach this AI moment?
From the course: Where to Start with AI and Business Strategy with Chris McKay
How should leaders approach this AI moment?
- Is there anything else you would like to leave our learners with as we conclude this conversation? Particularly on just sort of looking to the future, long-term AI strategy, remaining resilient and forward-looking among this rapidly evolving technical landscape. What would you like to leave our learners with in that regard? - One, I think it's a moment in time that is unlike any other that we've been in. AI represents both a technology, like any other technology in a lot of regards where you want to focus on your business goals and you want to focus on how you can move your business goals forward using this regular technology. On the other hand, AI represents an entire paradigm shift in terms of how everything works. The very foundation of our technology landscape will be rewritten with AI one day ultimately. And so it's unlike any other technology that we have been in. And so the moment we're in is super special. I'm super excited to be in it. And while there often is a lot of talk about the dangers of AI, I do want to encourage optimism. Optimism in terms of the opportunities that are there as a business leader, especially when you're looking short term. Maybe you are a solopreneur and you are going to be providing services, maybe you're a small business and you're thinking of a very specific market and how you can make AI more accessible to that market or to that community. Maybe you're focusing on tools that you're building. Maybe you're the AI champion within your organization and you're trying to figure out how can I get my teams excited about the AI tools that are going on. I first just want to congratulate you, but to encourage you to just keep fighting that good fight. You know, it's exciting to see the pace and the rate of change in the technology itself. But I spoke about being agile and agile in the sense that being willing to adapt to change, change in the strategy that you're implementing. So as you're looking at what's working and what's not working, being transparent in and being honest with yourselves to say, this is working or this isn't working, and being willing to pivot and adapt accordingly. And then a part of that is the experimental mindset that I mentioned earlier, being willing to ask questions and then to test that answer. But more than anything else, being willing to be okay not being right, but to just act because acting, I think is the best way for you to start making change. If you know nothing about AI today, if you're just starting from scratch today, you're listening to this and you're saying, "Hey, I don't know where to get started." I would say, fine. Start by watching a video on an AI tool and go and try that tool. You don't need to know all the answers, you don't need to be a master at the tool, but start figuring out what it is that you are doing today and seeing if AI can help you. For a lot of my friends and other business partners, what I've said to them is, well, what challenges do you have? If you were to take something that is very routine or repetitive in your business life or your personal life today that if you replaced it, it would make your life so much easier, what would it be? Those are some of the questions that I tend to ask. And then you see, if there's an AI tool that can help you to do it, maybe it works great, maybe it doesn't work, but that act of just making those changes is always going to be important. And so those are some of the recommendations that I would, I would want to leave you with. Just being excited about the moment that we're in and getting ready to figure out how you can leverage AI to 10x your business, to 3x your business, but also asking yourself the question of the opportunity cost. What if you don't do this? So rather than saying, well, let's say we adopt this technology, but asking yourself, well, why did my competitor opposite? How will that affect our business? And that inversion mental model often gets me excited because I'm thinking, well, I don't want that to happen, right? And so I know that my competitors are out there, they're looking at the technology and they're looking for opportunities to win. And I'd encourage you to do the same. Be agile, be adaptable, but definitely have the right mindset needed to move quickly in this market, but also to adapt to change as things will ultimately ebb and flow.