The Paradox of Applying AI: Analysis of Technological Change
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Questions and Answers

What did Gordon Moore predict in 1965?

  • The linear progression of technological change
  • The increase in cost-effectiveness of chip speed
  • The doubling of transistors on a computing chip every two years (correct)
  • The exponential growth of machine intelligence

What did Ray Kurzweil's 'The Law of Accelerating Returns' suggest?

  • 100 years of progress in the 21st century
  • Technological change progresses at a linear rate
  • Exponential growth in the rate of exponential growth (correct)
  • Machine intelligence will never surpass human intelligence

What does the analysis of the history of technology show about technological change?

  • It is contrary to the common-sense 'intuitive linear' view (correct)
  • It will experience 100 years of progress in the 21st century
  • It progresses at a linear rate
  • It will be more like 20,000 years of progress

What did Ray Kurzweil predict within a few decades in relation to machine intelligence?

<p>Machine intelligence will surpass human intelligence (C)</p> Signup and view all the answers

What inspired Ray Kurzweil's 'The Law of Accelerating Returns'?

<p>Moore's Law (A)</p> Signup and view all the answers

What is the impact of Moore's law on technological progress?

<p>It sets the pace for modern digital revolution (B)</p> Signup and view all the answers

What did Danny Hernandez and Tom Brown observe about AI models?

<p>They are becoming cheaper to train at an exponential rate faster than Moore’s Law (A)</p> Signup and view all the answers

Which factor is NOT mentioned as a key driving factor for the advance of AI in the text?

<p>Human capabilities (B)</p> Signup and view all the answers

What did Danny Hernandez refer to when he mentioned AI growing at an exponential rate?

<p>The growing range of applications and capabilities seen in the field of AI (A)</p> Signup and view all the answers

What is the main challenge described by Martec’s Law?

<p>Technology changes exponentially while organizations change logarithmically (D)</p> Signup and view all the answers

Which company's CEO announced a shift from a mobile-first world to an AI-first world in 2017?

<p>Google (D)</p> Signup and view all the answers

What did Charlie Munger emphasize about the relationship between bureaucracy and the size of organizations?

<p>Bureaucracy increases as organizations grow in size (B)</p> Signup and view all the answers

What was observed by a study regarding companies' adoption of AI?

<p>Only 6% of companies have adopted AI (A)</p> Signup and view all the answers

What has been the general trend among companies surveyed regarding business gains from AI initiatives?

<p>Less than 40% of companies report obtaining any business gains from AI initiatives (D)</p> Signup and view all the answers

What is the primary requirement for adopting an 'AI first approach' according to the text?

<p>'AI first approach' requires rethinking and commitment over all divisions and hierarchies (A)</p> Signup and view all the answers

'AI-factories' have shifted their strategies to put AI in the center of their organizations’ _____________.

<p>'AI-factories' have shifted their strategies to put AI in the center of their financial models. (B)</p> Signup and view all the answers

What has been observed about Tesla's market value compared to traditional car makers?

<p>It has skyrocketed compared to traditional car makers (C)</p> Signup and view all the answers

What is one way for organizations to reduce the gap between technological change of AI and organizational change?

<p>Acknowledging the value that AI can bring to the organization (A)</p> Signup and view all the answers

What is the main challenge for many existing organizations in adopting AI?

<p>Resistance to innovation and change (B)</p> Signup and view all the answers

What approach do digital transformation initiatives typically take to leapfrog to a new baseline on the technology curve?

<p>Incubator-like structures to systematically spin-up small startup teams (B)</p> Signup and view all the answers

What is a key aspect of successfully building and deploying artificial intelligence at scale for organizations?

<p>Establishing an AI unit (C)</p> Signup and view all the answers

What did Jeff Bezos predict about Amazon's future?

<p>[...] I predict one day Amazon will fail. Amazon will go bankrupt. (D)</p> Signup and view all the answers

What did McKinsey predict about AI technologies and their impact on organizations?

<p>[...] AI technologies could lead to a performance gap between front-runners and nonadopters (D)</p> Signup and view all the answers

What does the text suggest as a way for organizations to adapt to change and incorporate technological progress?

<p>[...] become more agile and start setting up the company in a way that enables the adoption of AI (B)</p> Signup and view all the answers

What is one reason startups are often more adaptable to change compared to larger organizations?

<p>[...] startups do not have to rely on old legacy systems and processes that slow them down (C)</p> Signup and view all the answers

[...] Who asked for an unusual payment?

<p>[...] The person who invented the game of chess (A)</p> Signup and view all the answers

What does Jeff Bezos believe about the lifespan of large companies?

<p>[...] Their lifespans tend to be 30-plus years, not 100-plus years. (D)</p> Signup and view all the answers

What percentage of Fortune 500 companies failed from 1955 to 2014, according to the text?

<p>88% (C)</p> Signup and view all the answers

What does Tristan Post emphasize as important for organizations in successfully applying AI?

<p>Creating a vision for AI and working on a strategy for building an AI-powered organization (B)</p> Signup and view all the answers

What did Ray Kurzweil predict within a few decades?

<p>Machine intelligence will surpass human intelligence (A)</p> Signup and view all the answers

What trend did Gordon Moore predict in 1965?

<p>The number of transistors on a computing chip doubles every two years (B)</p> Signup and view all the answers

What is the primary requirement for adopting an 'AI first approach' according to the text?

<p>Exponential growth in technology (C)</p> Signup and view all the answers

What does the analysis of the history of technology show about technological change?

<p>It progresses at an exponential rate (A)</p> Signup and view all the answers

What has been observed about Tesla's market value compared to traditional car makers?

<p>It has exceeded the value of traditional car makers (D)</p> Signup and view all the answers

What did McKinsey predict about AI technologies and their impact on organizations?

<p>They will revolutionize organizations (A)</p> Signup and view all the answers

What is one method organizations can use to reduce the gap between technological change of AI and organizational change?

<p>Undertaking an organizational reset (C)</p> Signup and view all the answers

What did Jeff Bezos predict about the lifespan of large companies?

<p>Their lifespans tend to be 30-plus years, not a hundred-plus years (C)</p> Signup and view all the answers

What is the impact of Moore's law on technological progress?

<p>It accelerates technological progress (B)</p> Signup and view all the answers

What did Danny Hernandez and Tom Brown observe about AI models?

<p>They are growing at an exponential rate (C)</p> Signup and view all the answers

Which factor is NOT mentioned as a key driving factor for the advance of AI in the text?

<p>Increased complexity of AI algorithms (A)</p> Signup and view all the answers

Which company's CEO announced a shift from a mobile-first world to an AI-first world in 2017?

<p>Apple (D)</p> Signup and view all the answers

What was observed by a study regarding companies' adoption of AI?

<p>An increase in competition from other players capable of leveraging AI (B)</p> Signup and view all the answers

What does Tristan Post emphasize as important for organizations in successfully applying AI?

<p>Establishing agility and innovation (A)</p> Signup and view all the answers

What inspired Ray Kurzweil's 'The Law of Accelerating Returns'?

<p>The exponential growth of technology over time (D)</p> Signup and view all the answers

What did Gordon Moore predict in 1965?

<p>The exponential growth of technology over time (B)</p> Signup and view all the answers

What did Ray Kurzweil predict within a few decades in relation to machine intelligence?

<p>Machine intelligence surpassing human intelligence capabilities (C)</p> Signup and view all the answers

What is the central management challenge of the 21st century according to Martec's Law?

<p>The gap between the rate of technological progress and the ability of organizations to adapt (A)</p> Signup and view all the answers

According to Charlie Munger, what happens as organizations grow in size?

<p>They tend to become bureaucratic, self-interested, dysfunctional, and somewhat corrupt (C)</p> Signup and view all the answers

What did Danny Hernandez and Tom Brown observe about the progress of AI models?

<p>AI models are growing at an exponential rate in terms of efficiency (D)</p> Signup and view all the answers

What did Gordon Moore predict in 1965?

<p>The doubling of transistors on integrated circuits every two years (C)</p> Signup and view all the answers

What did Jeff Bezos believe about the lifespan of large companies?

<p>They will experience rapid decline and obsolescence (D)</p> Signup and view all the answers

What factor is mentioned as a key driving factor for the advance of AI in the text?

<p>Exponential growth in the efficiency of AI algorithms (C)</p> Signup and view all the answers

What did Ray Kurzweil's 'The Law of Accelerating Returns' suggest?

<p>Technology progresses exponentially, leading to rapid societal transformation (D)</p> Signup and view all the answers

What does the analysis of the history of technology show about technological change?

<p>'It shows that technology progresses exponentially, leading to rapid societal transformation' (D)</p> Signup and view all the answers

'AI-factories' have shifted their strategies to put AI in the center of their organizations’ _____________.

<p>'Business and operating models' (B)</p> Signup and view all the answers

'AI-first approach' allows organizations to automate decision-making, thereby transforming the way they create and capture value. What does this require according to the text?

<p>'A clear vision and a holistic approach to transform the organization' (A)</p> Signup and view all the answers

'What has been observed about Tesla's market value compared to traditional car makers?'

<p>'Tesla's market value has surpassed the combined value of traditional car makers despite selling fewer cars' (B)</p> Signup and view all the answers

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