Evolve or Die: When Change Is the Only Constant

AI’s impact

We like referring to the evolution AI will require of all industries as a competitive imperative because the language we use to describe this paradigm shift will need to be more urgent if it’s going to adequately prepare people for what’s to come. Each industry is a universe in and of itself, and once companies within industries start to see success with AI adoption, this adoption will accelerate. We’ve mentioned before that product management is an inherently commercial role because, as a product manager or leader, we are tasked with the commercial success of our product. The competitive edge and marketing splash that can come from promoting an AI product is undeniable.

AI’s wide reach

But beyond marketing, AI allows all industries to advance in more tangible ways. All economic and social areas will change with AI, from healthcare to tech to education and government. The way industries relate to raw materials, plan, predict, and build products will change with this transition to AI adoption. The World Economic Forum (WEF) defines the industrial revolution we’re currently in as “characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.” We love this description because it places AI and ML firmly in the middle of these spheres. In order to account for the physical, we need a way to translate the physical world into data. This data could be about anything in the world beyond us, or it could be about our own bodies. The collection and processing of this data will inevitably interact with AI and ML to some degree in order to be actionable in some way, and once this ball gets rolling, we humans, in our ...