Filling the missing middle: Practical steps towards AI-enhanced operations
A recent Wall Street Journal article highlights an emerging approach to business transformation. Instead of trying to displace their human workforce and replace it with faster, cheaper AI equivalents, a handful of leading businesses have chosen to use AI to augment the capabilities of their human personnel. It’s like giving their employees superpowers that let them comprehend and process incredibly large volumes of digital information with breathtaking speed and precision. However, not many companies have caught on to this hybrid approach, which is why the WSJ article calls it the “missing middle” – somewhere between manual paper-pushing and fully automatic, AI-driven operations. Whether the reason behind slow adoption is a fear of being replaced by a machine, or just some form of operational inertia, the emergence of commercially viable AI is an opportunity for business leaders to leap ahead of their competition by becoming early adopters. Over time, your team will begin to understand that commercial AI solutions aren’t their replacements – they’re more like power tools for knowledge work. The author outlines five key principles for successful AI augmentation: 1. 2. 3. 4. 5.
Adopt a hybrid mindset to help reinvent traditional processes so they take advantage of AI agility. Continually experiment with the way your business operates. Consider the ethical and legal implications of using AI. Accumulate and prepare extensive, varied, and unbiased data sources to train AI. Develop skills required to effectively train and collaborate with AI.
These five principles are excellent jumping-off points for devising an AI augmentation strategy, and they involve a mix of creativity, business acumen, and technical expertise. Principle 1 certainly benefits from an understanding of what currently available AI solutions can accomplish, but absolutely requires insight into viable use cases for a particular organization. Some business leaders might already possess this powerful combination of technical and operational awareness, but it’s much more convenient to look