Redefining Leadership in the Age of Artificial Intelligence

Artificial Intelligence (AI) is rapidly changing the world. Emerging technologies on a daily basis in AI capabilities have led to a number of innovations including autonomous vehicles, self-driving flights, robotics, etc. Some of the AI technologies feature predictions on future and accurate decision-making. AI is the best friend to technology leaders who want to make the world a better place with unfolding inventions.

Whether humans agree or not, AI developments are slowly impacting all aspects of the society including the economy. However, some technologies might even bring challenges and risks to the working environment. To keep a track on AI development, good leaders head the AI world to ensure trust, reliability, safety and accuracy.

Intelligent behaviour has long been considered a uniquely human attribute. But when computer science and IT networks started evolving, artificial intelligence and people who stood by them were on the spotlight. AI in today's world is both developing and under control. Without a transformation here, AI will never fully deliver the problems and dilemmas of business only with data and algorithms. Wise leaders do not only create and capture vital economic values, rather build a more sustainable and legitimate organisation. Leaders in AI sectors have eyes to see AI decisions and ears to hear employees perspective.

A futuristic AI leader plans to work not just for now but also for the years ahead. A company's development in AI involves automating business processes using robotic technologies, gaining insight through data analysis and enhancement, cost-effective predictions based on algorithms and engagement with employees through natural language processing chatbots, intelligent agents and machine learning. Without a far-sighted leader, bringing all this to reality will be merely impossible.

According to a Forbes insight survey conducted for 300-plus executives, 95% believe that AI will play an important role in their responsibilities in the near future. The executives entrust that AI will bring increased productivity, reduce operating costs, improve speed to market and transform business and operating models.

AI is already outpouring humans in a lot of aspects. But leveraging AI means transforming key operational activities and collaborating beyond internal corporate boundaries to form an ecosystem of common connections and practices. Business is all about envisioning the unimaginable, innovating solutions, inspiring and mobilizing people. Wise leaders have the foresight to combine human power with artificial intelligence.

An often-ignored fact about AI is that it is trustworthy. AI doesn't deceive anyone even when it knows the whole story and has data inputs as evidence. It is up to humans to use it properly. Human weakness is AIs strength and AIs weakness is human's strength. People are emotionally backed, so are the decisions. However, AI decisions carry pure data analysis which puts it before human thoughts. At the same time, AI lacks ethics. Only a good leader can take AI through the right path following the unsaid ethical guidelines.

Humans should stop believing that robots are going to take over the society one day soon. AI leaders take responsibility to prove them wrong. AI is designed to work with humans to reduce labour and increase intellectual skills on where it is highly necessary. The future is to open a vast range of doors. AI leaders are awaiting the opportunity to guide AI and human power through them.