Harvard Business Review September 26, 2024
Summary: Generative AI has demonstrated the potential to significantly outperform human CEOs in strategic decision-making by excelling in data-driven tasks like product design and market optimization. In an experiment simulating the automotive industry, AI models outpaced human participants in market share and profitability but faltered in handling unpredictable disruptions, leading to faster dismissals by virtual boards. While AI’s ability to analyze complex data sets and iterate rapidly could revolutionize corporate strategy,...
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