I enjoyed reading Professor Karim Lakhani’s view point from this HBR article. With the help from the “Blog Buddy” GPT I just created, I worked out the following blog.

Harvard Business School professor Karim Lakhani has boldly stated that just as the internet drastically reduced the costs associated with the transmission of information, artificial intelligence (AI) is set to significantly lower the cognitive expenditure required for problem-solving and decision-making processes​​. This claim, rooted in the findings of a recent document “AI Won’t Replace Humans — But Humans With AI Will Replace Humans Without AI,” posits that we are on the cusp of a cognitive revolution.

The impact of AI could parallel the transformative effects of the Internet. Just as the Internet demystified access to information, AI is making complex cognitive tasks more accessible and efficient. It acts as the new “browser” that navigates the vast expanses of intellectual challenges, rendering them more manageable and significantly less costly in terms of time and resources​​.

In our daily lives, AI is already curating personalized experiences, from targeted advertisements to the recommendations on streaming services. Imagine having a virtual assistant capable of planning your vacation within microseconds, as professed by Lakhani in his own experience​​.

For businesses, the AI revolution is equally transformative. Companies that once took months to onboard a vendor or resolve customer disputes can now automate these processes, dramatically increasing efficiency and customer satisfaction​​.

In the realm of cybersecurity, AI’s ability to identify phishing emails could be groundbreaking, dramatically reducing the risk of security breaches and the associated costs of cyberattacks. AI systems are already effectively filtering out spam emails; their potential to further secure our digital communications is immense​​.

However, this technological progress does not come without challenges. The integration of AI challenges the very notion of human value in the workplace. The learning and adaptability that AI requires can lead to disparities between those who can keep up and those who cannot​​.

Karim stressed: “AI won’t replace people – but humans with AI will replace humans without AI.” As we stand at the precipice of this new era, it is clear that the synthesis of human intellect and artificial intelligence is not just a possibility but an inevitability. The future belongs to those who embrace this partnership, leveraging the strengths of both to forge a path that redefines what it means to work, to create, and to live in a world where the cognitive cost is no longer a barrier​​.