Mathematics is not about numbers, equations, computations, or algorithms. Mathematics is about understanding. William Paul Thurston
According to the World Economic Forum, the age of AI and smart machines will create three types of jobs in the future of work: 1. those that will disappear (replaced by automation and machines), 2. those that are in collaboration with machines and algorithms, and 3. those jobs that are completely new or remain largely untouched. The new jobs created by AI will require a combination of technology and liberal arts skills in order to optimize business outcomes. According to IDC research, AI powered CRM will create $1.1 trillion dollars of incremental revenue and more than 2 million net new jobs.
To learn more about the future of work and the impact of artificial intelligence, machine learning and data science business strategies, Ray Wang and I invited one of the foremost authorities and expert on application of machine intelligence, organizational leadership and strategy to our weekly show DisrupTV.
Angela Zutavern is Vice President at Booz Allen Hamilton and Board of Directors ICE Foundation. Zutavern has pioneered the application of machine intelligence to organizational leadership and strategy. She is an inventor of the machine intelligence and data science strategies that are now helping business and government organizations make better decisions and gain competitive advantages. Zutavern led Booz Allens most advanced data science research and development efforts, including the areas of deep learning and quantum machine learning. She has worked with clients in every major U.S. government cabinet-level department as well as in sub-level agencies. In addition, Angela advised manyFortune500 companies and led teams across every major industry.
A frequent industry, academic, and media speaker on the power of data science, Angela convenes the Chief Data Officer (CDO) Council for the U.S. federal government community. In addition, she is actively involved in strengthening diversity and inclusion, especially in technology, and is an enthusiastic champion of women in data science. Angela also serves on the board of directors of the U.S. Immigration and Customs Enforcement (ICE) Foundation, a nonprofit organization that supports ICE employees in their homeland security and public safety missions.
Zutavern co-authored the 2017 book The Mathematical Corporation, which explores how organizations and their leaders can beat the competition by coupling human ingenuity with the mathematical power of machine intelligence. Zutavern shows business leaders how to compete in this new era: by combining the mathematical smarts of machines with the intellect of visionary leaders.
Salesforce
Multiplying our potential capabilities by showing us how to merge human intelligence and machine intelligence, The Mathematical Corporation reveals how leaders can score strategic triumphs and fulfill missions that once seemed out-of-reach or even impossible to attain, said Zutavern. Here are some use cases from the book:
Several companies were referenced as mathematical corporations, including Tesla. Teslas vehicles include software that aids customers limited self-driving. Another set of software, with no effect on the car, records all driver behavior so Tesla can accumulate the data to build future full-service self-driving capability. Whereas it took Google six years to gather a million miles of actual self-driving car data, Teslas 70,000 cars produce a million miles of driver data every ten hours. Who will succeed first in using the data for the next breakthrough?
Here are 7 top takeaways from THE MATHEMATICAL CORPORATION - According to the authors: If the past was about analytics and big data, the future is about the big mind of the mathematical corporation. Big mind comes from combining the mathematical smarts of machines with your own imaginative human intellect. It requires the following shifts in thinking:
Here are the key takeaways from our conversation with Zutavern:
Digital savvy businesses leaders are pioneering the use of machine intelligence within their organizations - the combination of machine and human talent will unleash a whole new set of capabilities for products, services and most importantly business model innovation.
AI is another seat at the boardroom table - a mathematical corporation will use data and the predictive power of data to better understand future trends and adapt accordingly. The combination of machine and human intelligence will accelerate concept to commercialization of capabilities.
In every industry, businesses leaders can leverage the power of data sciences to bolster business strategy - Zutavern references Tesla versus Google and the use of same technology, but different strategies, where Tesla is leaning into capturing far more user data from their autonomous cars to improve the user experience and innovation velocity.
In the AI economy, diversity of backgrounds is key to success - The liberal arts graduates have a great opportunity to impact product design and innovation strategies. Zutavern references innovation competitions and hackathons that benefit from groups from diverse backgrounds. An example of developing algorithms for detecting lung cancer was used to demonstrate the benefits of diversity of experience. The first step is figuring out what you dont know and then inviting domain experts to collaborate as a team.
Video and image recognition will be a significant growth areas - There are many consumer, retail, government and safety applications that will require further advancements and application of AI-powered video and image recognition solutions. The power of deep learning and machine learning advancements in these areas will surely create new business model innovation opportunities.
Ethics and privacy must the first thing business leaders think about - The opt-out model is not sufficient framework for businesses to grow market share and gain stakeholder trust. Zutavern advises law makers, business leaders and entrepreneurs to lead the effort with respect to defining ethical and privacy issues as a community.
To become a mathematical corporation you must begin thinking differently and then acting differently. You must be inclusive, collaborative and open-minded to diversity of talent and expertise. Leaders must graduate from gut instincts and mental models and begin embracing advanced analytics and artificial intelligence. Please watch our video conversation with Angela Zutavern (Twitter: @AngelaZutavern) to learn more about how to become a mathematical corporation.
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