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BRINK News is transitioning to This Moment platform on MarshMcLennan.com as of March 31, 2023. Read the update here.

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Technology

AI Will Have a Revolutionary Effect on Executive Decision-Making

ChaptGPT has grabbed a lot of the headlines recently, but in many ways, other AI is likely to have a more profound impact for managers. In their new book Power and Prediction: The Disruptive Economics of Artificial Intelligence, Ajay Agrawal, Joshua Gans, and Avi Goldfarb, economists and professors at University of Toronto’s Rotman School of Management, argue that AI could increase the power of more senior executives by giving them a greater predictive capacity. BRINK asked Avi Goldfarb, one of the co-authors, how they think AI will change the way companies are managed.
Avi Goldfarb, Co-author of Power & Prediction
Related - AI Is an ESG Issue

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Spotlight: AI, NFTs and Cryptocurrency

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Technology

ChatGPT-Style Tech Is About to Change Our World

ChatGPT burst onto the technology world, gaining 100 million users by the end of January 2023, just two months after its launch and bringing with it a looming sense of change. Essentially overnight, most of the world gained access to AI that they could use for their own purposes. In this episode of The Conversation Weekly, researchers who study computer science, technology and economics explore how the rapid adoption of technologies has, for the most part, failed to change social and economic systems in the past — and why AI might be different.
Daniel Merino, Associate Science Editor & Co-Host of The Conversation Weekly Podcast, The Conversation
Nehal El-Hadi, Science + Technology Editor & Co-Host of The Conversation Weekly Podcast, The Conversation

Conversation

Society

What Does Gen Z Want?

For [Gen Z], it’s no longer about just getting a paycheck. Gen Z is hungry for purpose in the workplace — they want to know that they are having a larger impact on the world. That means companies need to bring purpose into their everyday work — or risk losing these employees. Don’t ignore leveraging Gen Z’s digital acumen and finding ways to include them in innovation efforts.
Jennifer Openshaw, Chair of Girls with Impact
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For Generation Z, transparency in the workplace is a must. More than 40% of the young adults surveyed said companies don’t do a good job of showing salaries, 38% said job descriptions were vague and almost a third said hiring timelines were unclear. To combat these perceived shortcomings, they share information with one another in informal networks via social media, with content creators often providing tips and coaching to help peers sus out competitive salary ranges, play one offer against another and 'know their worth.'
Ana Kreacic, Partner and Chief Knowledge Officer at Oliver Wyman
John Romeo, Managing Partner and Head of Oliver Wyman Forum, Oliver Wyman
Lucia Uribe, Partner at Oliver Wyman
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