Team Assignments - Generative AI Flashcards
- AI Alone Won’t Provide a Lasting Competitive Edge
-AI is becoming widely available, making is easy for competitors to catch up
-Past innovations (e.g., electricity, the internet) also started as differentiators
but became standard
- AI Can Strengthen Existing Advantages
-Companies with proprietary data, strong brands, or specialized expertise
benefit most
-AI enhances, but doesn’t replace, core business strengths
- Competitive Edge Comes from Smart AI Integration
-AI should be embedded in strategy, not just adopted as a tool
-Firms should use AI to optimize unique processes
- AI Adoption Requires Continuous Adaptation
-Static AI advantages fade quickly ⇒ ongoing innovation is key
-Agility, AI governance, and human-AI collaboration will determine long-term
success
Key messages from generative AI article
⇒ AI is a necessity, not a differentiator: Its impact depends on how businesses leverage it
uniquely
⇒ Companies that combine AI with their unique assets will sustain their edge