Leadership evolution in the age of artificial intelligence
Aris Jerahian
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Aris Jerahian: FinTech Executive, USA
Journal of Digital Banking, 2024, vol. 9, issue 2, 129-137
Abstract:
Advocates of artificial intelligence (AI) envision a future where intelligent machines can perform routine tasks, allowing humans to focus on creative pursuits. Despite concerns about job losses, organisational think tanks believe that humans and machines can work together to achieve better results. This paper explores the interaction of AI and leadership to improve organisational performance. It inspires enthusiastic optimism in some managers and fear and scepticism in others. It is crucial to acknowledge and address these concerns as increased emotional tension always accompanies new phenomena. The paper explains that leaders who prioritise outcomes over technology can devise effective AI strategies that improve human capabilities, which could lead to a more productive, meaningful and fulfilling future of work. The paper uses pertinent tables to understand better the overall impact of AI on corporate culture and work style as well as its socioeconomic implications in the workplace. The paper concludes with a focus on hybrid models that combine human intelligence with machine intelligence to get exponential results.
Keywords: artificial intelligence; AI; corporate culture; future of work; human augmentation (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jdb000:y:2024:v:9:i:2:p:129-137
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