WorkLab AI Is Lowering the Cost of Expertise. What Does That Mean for Business?
22 snips
Apr 2, 2025 
In this discussion, Karim Lakhani, a Harvard Business School professor specializing in digital transformation and AI, reveals how AI is changing the game for business expertise. He highlights the urgency for leaders to embrace AI actively, comparing today’s climate to the early internet boom. Lakhani also explores the innovative integration of AI into MBA curricula, emphasizing that upcoming leaders must be 'AI native.' Furthermore, he stresses that companies need to adapt their strategies to fully harness AI’s potential and avoid stagnation.
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Democratization of AI
- Generative AI democratized AI, making it accessible to everyone.
- This is similar to how the browser democratized the internet.
Use AI to Understand AI
- Use generative AI tools yourself to understand their power.
- This direct experience informs effective decision-making.
Lowering the Cost of Expertise
- Generative AI is lowering the cost of expertise, impacting businesses.
- This mirrors how the internet lowered information transmission costs.
