This serves as a personal reading notes where I summarize each section, highlight key takeaways, and
document my reflections, thoughts, and unconventional ideas. It is a space for exploration, personal
interpretation, and critical thinking. No offense intended for differing views.
Blue font: Summary ǀ Green font: Key Takeaways ǀ Red font: Personal Opinions
Introduction: The State of AI in Business - AI is a transformative general-purpose technology
comparable to the steam engine or electricity.
- Despite its potential, AI is misunderstood—seen as
disruptive by executives, feared by employees, and
hyped or critiqued by media.
- Current adoption varies by company size, industry, and
region. Larger firms in data-intensive industries like
online platforms and finance lead in adoption.
- Machine learning is the most impactful branch, excelling
in image/speech recognition and operational processes.
- While progress is evident, many companies are in the
pilot phase, limiting widespread transformation.
- AI’s business applications include decision-making,
operational improvement, and enhanced products.
- Early adopters are likely to lead, while late adopters may
struggle to catch up.
- Ethical issues such as algorithmic bias and transparency
must be addressed.
- The buzz around AI is everywhere, but it often
overshadows what it can realistically do. For a lot of
businesses, the promise of AI might sound bigger than it
actually is, especially if they don’t have a solid plan to
implement it or the right data to make it work.