Synopsis of Full Stack Leadership – Upcoming book from PM Power – Post V – AI

Continued from Synopsis of Full Stack Leadership – Upcoming book from PM Power – Post IV- Leading Self

The book ends with a discussion on how the new AI revolution influences the principles of leadership. A summary of that discussion is given below:

AI has turned our world upside down. AI has moved from the earlier Markov chain models, through Bayesian network models to deep neural networks and ways to manipulate them. In addition, the explosion in chip technologies with organizations like Nvidia making huge strides in areas like GPU and TPU, also helped.

AI can now make content, pictures, videos, and also support scientific research. Large data and AI together can produce unbelievable results with the AI machines spotting patterns, styles, and structures in the data they see. When it has learned from these data sets, it can make new content all on its own. AI can bring in more productivity and efficiency, allow for better decision-making, help in experiments, and innovation and accessibility. Of course, there are also dangers like job loss, information bias, privacy issues, transparency issues and so on. Some of the ways these dangers can be mitigated are developing internationally recognized guidelines on the use of AI, address biases and lack of transparency, and invest in awareness of the benefits and dangers of AI.

Some of the principles of leadership that will be affected by this new wave are:

Breaking tradition and finding trailblazing ideas and Constant looking out for opportunities to grab them – principles of Leading Business and Proactively seeking change from a leading self perspective. All leaders should be aware of this. AI is creating, and will continue to create, a rapid change in the world of technologies and applications. This makes it important that we change the way we look for new ideas.

I said, “Another principle is Data driven organization of Leading business. AI can be used with great advantage to generate data and also analyse it. But, if we are making decisions based on this data, we need to ensure the correctness of the data.

Another principle that can benefit from the new advances is No active inertia. AI can be used to study current systems and suggest better and more efficient processes and systems.

Another is High levels of EQ. One of the main worries that AI brings is the loss of human connection. Human connections are essential even when we allow AI to take over many jobs You may find that this human connection is slipping away with the taking over by AI.

Trustworthiness is another area that gets affected. Leadership is majorly about trust and inspiration. Some of the issues coming from partnership with AI like job displacement, bias and discrimination, lack of empathy, making decisions based on fake information can affect a leader’s trustworthiness.

Another is Protection against cyberattacks. AI can help process vast amounts of data, learn from patterns, and quickly detect and thus prevent threats. Leaders must be smart enough to ensure the harnessing of AI power to detect and prevent attacks.

Some of the other areas in the context of leadership affected by AI, though not mentioned as principles in the book, are: ethical considerations, copyright infringement and deep fake misinformation.

Another area is accountability. AI can be blamed for mistakes made by people.

In summary, we should stress the word ‘Synergy’ between humans and AI, for leveraging each other’s capabilities and keeping our sanity close to our sleeves to ensure goodness.

Note:

The following posts together give a complete summary of the new book from PM Power – Full Stack Leadership

1. Background and introduction to the book – 1
2. Background and introduction to the book – 2
3. Background and introduction to the book – 3
4. Synopsis of the book – Introduction
5. Synopsis of the book – Leading Business
6. Synopsis of the book – Leading Execution
7. Synopsis of the book – Leading Self
8. Synopsis of the book – AI