Artificial Intelligence a New World Order National & Business Competitive Advantage- A Lens of Management Sciences

Artificial Intelligence is not just any other technology tool. It offers a strategic advantage. It has the prowess to define your future in this New World Order.

Ninety-five percent of global leaders in our research agree that Artificial Intelligence is not just a tool but a powerful force that can empower organizations and nations to build resilience in the New World Order of outlier events. Technology has become intelligently pervasive and ever-present, often without our awareness, seamlessly integrating into personal and business aspects. The rapid and pervasive development, influence, and widespread adoption of information, communication, and technology are exhibiting exponential growth. The prevalence of comprehensive and partial technological disruptions has become the prevailing norm.

Organizations must urgently bridge the gap between this rapid change and its real-time integration as technological disruption accelerates. This is particularly challenging due to limited technological literacy and implementation maturity. These barriers are preventing the development of strategic capabilities in this New World Order. Our complex challenges include boundaryless technological disruptions, cyber threats, fierce competition, and digitally empowered consumer engagement. The era of the internet is poised to enable business models through intelligent systems, ensuring a distinct competitive advantage. We must learn and adapt to this artificial intelligence, which will undoubtedly be the next quotient (tech quotient) to measure human capital, smartness, and success. There are just two choices now: either be ahead of the developing tech-cognitive abilities of artificial intelligence or at least be at par.

Artificial Intelligence is not just a tool but the next frontier that will determine business continuity and sustainability. AI offers a solution in this fast-paced New World Order, characterized by continual volatility, uncertainty, complexity, and ambiguity. It can derive quality insights from big data, transcending the limitations of human cognition. The New World Order represents a phenomenon where the future is extremely foggy, and data is growing exponentially, coupled with questionable validity and reliability. Datasheets and dashboards are now carrying humongous expansiveness, resulting in decision fatigue. Complexities come with unique logic that needs in-depth decoding where past decisions have little relevance. AI is thus set to transcend the limitations of human cognition by deriving quality insights from big data.

Nations and organizations powered by big data and translated into descriptive, predictive, and prescriptive analytics through rapid investments in data centers and intelligent technologies, either physically or on the cloud, are at the forefront of leading the international business dynamics. Even born global companies risk extinction owing to the inability to adapt to the fast-paced changes that technology will manifest in the real world. Business models will evolve and reinvent as virtual, augmented, and meta worlds shape. Nerve Centers will distribute AI-enabled information and decisions and provide a competitive edge across the value stream, enabling performance and transformation while ensuring a "good fit" with the macroenvironment. Machine learning systems will augment the tech-cognitive abilities of these nerve centers, and generative AI will capture and dissipate content, which is undoubtedly a superior information and communication capability.

This research-based discussion thus brings us to a point where the workforce and talent must be tech-literate. Understanding and navigating the world of technology will be a crucial differentiator in the future. Tech-solution designing and implementation to build intelligent ecosystems will be in demand. It will enable organizations to beat hyper-competition trends, and the tech-transformed business models shall be the ever-enchanting challenge of all CTOs and CIOs. The journey from known to unknown shall be well controlled through interconnected devices that scientifically tap into all behaviors of business drivers, which shall ultimately be fed to the nerve centers through the data centers.

Reliable, fraud-protected cyber-physical systems powered by artificial intelligence and intelligent technologies will be the foundation of successful business models that consistently engage with the ecosystem. Nations that strategically invest in AI, Data Centers, Cyber Security systems, and Semiconductor capacities will secure their future and take the lead in shaping global economies. The transformative potential of AI on a global scale cannot be overstated, underlining the urgent need for strategic investments.

While this discussion is limited to Artificial Intelligence, our research also emphasizes that as tech-enabled cognitive abilities grow, we will move into the era of superintelligence. This will be an accentuated bane and boon for humanity, a tech-driven, constructive, and destructive era exclusively controlled by technology. While humans engineer and facilitate this tech innovation, AI will dominate the human world. The human and artificial intelligence race would be interesting for management scientists to study.

The regular occurrence of technology disruptions will necessitate ongoing organizational adaptation, transformation, or complete business model reconfiguration to enhance customer experiences. An intriguing area of study pertains to the impact of the competition between human and artificial intelligence. It will have to be seen if traditional business models and methods will withstand the test of time.

Copyright & Citation: Niket Karajagi, Director Atyaasaa Consulting Private Limited, Pune, India.

About the Author

Niket Karajagi is a recipient of Best Research Paper Awards, LinkedIn Top Voice VUCA Resilience Researcher, Design Thinking Facilitator, Mechanical Engineer, and MBA in International Business Management with excellent credentials. He is an Author, Tech Educator, Podcaster, Blogger, ICF accredited Business Coach, Psychometrician, and Organization Development facilitator with a keen interest in Management Sciences. He is a Knowledgepreneur with over 25,000 hours of consulting and training experience while contributing to over 175 organizations worldwide. He has trained and coached over 200,000 leaders and managers globally in various behavioral and management areas. He has designed and implemented over 120 training & e-learning titles and OD interventions for organization scale-up, change, and transformation. He is actively prototyping Design-Centric Business Solutions in Complex-Human Centric Problems for various organizations across domains. As of this date, he carries more than 40 certifications in the field of Management & Social Sciences.