Joshua Gans

Joshua Gans, a professor at the University of Toronto's Rotman School of Management, discusses the systemic approach required for effective AI integration in businesses. He highlights that many companies merely scrape data without fully leveraging AI’s potential. Gans explores the complexities of AI implementation, particularly in supply chains and healthcare, arguing for improved coordination and proactive leadership. He also draws parallels to historical technological shifts, illustrating how power dynamics influence change management in organizations.

Joshua Gans, co-author of 'Power and Prediction' and a professor at the Rotman School of Management, dives into the economics of artificial intelligence. He highlights how AI can reshape our global economy while discussing its potential benefits and risks, such as biases and regulatory challenges. Gans also explores the transformative potential of AI in everyday life, drawing parallels between historical technological shifts and our current landscape. He emphasizes the intriguing 'AI bullwhip effect' that can disrupt supply chain dynamics.

Joshua Gans, a Professor of Strategic Management at the Rotman School of Management, discusses the transformative potential of AI alongside Martin Reeves. They delve into the need for organizations to rethink decision-making processes, cautioning against overreliance on rigid rules. Gans emphasizes the interplay between prediction, human judgment, and AI, asserting that effective decision-making requires human involvement. The conversation highlights the gradual shift in AI integration and the necessity for quality insights over data access to drive successful outcomes.