7. … AND ACCELERATES THE GROWTH IN THE
NORWEGIAN ECONOMY SIGNIFICANTLY
Source: Accenture and Frontier Economics
2,2
3,7
0,0
0,5
1,0
1,5
2,0
2,5
3,0
3,5
4,0
Baseline AI steady state
AI as a productivity factor increases yearly
growth from 2,2% to 3,7% annually in
Norway…
… and increasing its size by 1035 bn
NOK in 2035
… Reducing the time for the economy
to double in size from 32 to 19
years..
8. THE NORDIC COUNTRIES HAVE LEADING AI
ABSORPTION CAPABILITIES
Source: Accenture and Frontier Economics
According to Accenture research, the Nordic
countries are well positioned to absorb and
exploit the new technologies in our economy
0
10
20
30
40
50
60
70
80
90
100
The NAC Index
ALL THE NORDIC COUNTRIES
ARE TOP 7
9. BUSINESS
COMMONS
9
o Communication infrastructure
o Human capital
o Quality of governance and
institutions
o Access to capital
o Economic openness
TOP 15 COUNTRIES 4G AVAILABILITY
1. South Korea – 96%
2. Japan – 85%
3. Lithuania – 84 %
4. Hong Kong – 84%
5. Netherlands 84%
6. Singapore – 83%
7. Norway – 82%
8. Kuwait – 82%
9. Sweden – 81%
10. United states – 81%
11. Qutar – 81%
12. Hungary – 80%
13. Australia – 79%
14. Taiwan – 78%
15. Finland 76%
7. Norway – 82%
9. Sweden – 81%
15. Finland – 76%
12. 12
o Entrepreneurial culture
o “Makerism” movement
o University—industry collaboration
in R&D
o Development of technology
clusters
o Organizations’ focus on customer
needs
INNOVATION
DYNAMO
0
10
20
30
40
50
60
70
80
Survival rate of 3 year old businesses in European
countries
13. AI IS THE NEW
DRIVER OF
ECONOMIC
VALUE….WITH THE
POTENTIAL TO
DOUBLE ANNUAL
GROWTH RATES
2,6
2,1
2,5
2,2
1,7
1,6
1,4 1,4
1,7
0,8
1,6
1,7
1,0
4,6
4,1
3,9
3,7
3,6
3,2
3,0 3,0
2,9
2,7 2,7
2,5
1,8
0,0
1,0
2,0
3,0
4,0
5,0
Gross Value Added (GVA) is a close approximation of GDP.
Real GVA Growth in 2035 (%)
29. Den intelligente organisasjonen:
Hvordan få mennesker og
maskiner til å samspille
Kunstig intelligens: Fra hype til virkelighet?
Oslo House of Innovation, 22. nov 2018
Vegard Kolbjørnsrud, Assistant Professor, BI Norwegian Business
School & Senior Research Fellow, Accenture
31. …requires a new form of organization
31
The
Intelligent
Organization
that
solves complex
problems
adapts
combines people and
intelligent machines
32. Developing the capabilities of the intelligent
organization
32
Sense Compre-
hend
Act Learn Explain
Observe | Register Decide | Make | Do Adapt | Improve Show | Clarify | DirectDiscern | Detect | Infer
S C A L E
33. Sensing the environment
Sensing involves observing and registering the
external and internal environment, i.e. collecting
data
33
Sense
Observe | Register
S
34. Turning data into insights
Comprehension involves using data and
observations from sensing activities to discern
context, detect patterns, and make inferences
34
Compre-
hend
Discern | Detect | Infer
C
35. Acting on data-based insights
Action refers to the decision-making and productive
activities of an organization
35
Act
Decide | Make | Do
A
36. Learning from experience
Learning refers to the ability to acquire knowledge
or skills in order to adapt and improve behavior and
cognitive understanding
36
Learn
Adapt | Improve
L
37. Explaining how and why
Explaining refers to the ability to show how
something works, to explicate causal relationships,
articulate purpose, and set direction
37
Explain
Show | Clarify | Direct
E
38. How Tesla is building and using its SCALE
capabilities
38
Sense
Eight 360-degree
view cameras
Comprehend
Analyze patterns in
sensor data
Act
Enable Tesla Autopilot
self-driving capabilities
Learn
Improve algorithms,
enabling expansion of
Autopilot functionality
Explain
Asses progress
towards self-driving
vision, provide
direction and
purpose
41. Trusting AI advice – skepticism in the Nordics
Source: Kolbjørnsrud, Amico, Thomas (2017) "Partnering with AI: how organizations can win over skeptical managers," Strategy & Leadership, 45(1)
* I would trust the advice of intelligent systems in making business decisions in the future (e.g. an investment decision or deciding whom to hire or promote).
APAC 42%
Europe 18%
Strongly agree
Americas 30%
Nordics 8%
India 56%
Finland 6%
Max/Min Observations
I would trust the advice of intelligent systems in making business decisions in the future *
42. Managers want machines to explain their logic
before they will accept it
Nothing would allow me to trust advice
generated by an intelligent system
6%
Advice is limited to simple rule-based decisions 33%
People I trust use such systems
61%
33%
The system provides convincing explanations 51%
The system has a proven track-record 57%
I understand how the system works
and generates advice
What would allow you to trust advice generated by an intelligent system?
Source: Kolbjørnsrud, Amico, Thomas (2017) "Partnering with AI: how organizations can win over skeptical managers," Strategy & Leadership, 45(1)
44. Steps to success
Start exploring, experiment and engage with new technology
and pilots – together
Start building the intelligent organization—combine AI and
collective human intelligence for optimal outcomes
From rigid hierarchy to collaborative community
Develop bilingual managers that know what humans and
machines can do, together
?
45. This presentation is based on
Espen
Andersen
45
Chandler
Johnson
Vegard
Kolbjørnsrud
Ragnvald
Sannes
Andersen, Johnson, Kolbjørnsrud, Sannes (2018) “The data-driven organization: intelligence at SCALE” in At the Forefront, Looking Ahead, Universitetsforlaget (Link)