It takes about twelve years for a pharmaceutical firm to research, develop, test, and launch a product. Several firms, including Pfizer, Novartis, an… - Thomas H. Davenport

the use of statistical process control tools to evaluate variation, correlate root cause, forecast capacity, and anticipate throughput barriers. By measuring incidence of preventable venous

One large US bank, for example — an aggressive adopter of AI — has announced a $350 million investment in reskilling related to AI-related job changes, and the bank is being both predictive and granular about the initiative.10 It’s working with researchers from MIT and elsewhere to understand — based on a “suitability for machine learning” (SML) assessment — which skills and jobs are most likely to be replaced by AI.11 The SML analysis will help the bank plan for changes in those jobs and help workers gain the skills they need to succeed in their modified jobs or transition to new ones.

The moment a realm of intellectual activity is codifiable, it ceases to be uniquely human.