Introduction About The Authors 8 Preface 10 Motivation For The topic 12 Introduction to Exponential Change 16 New Perspectives 28 Clearing Up AI Basics 32 Key Takeaways 41 Part 1: Why AI Matters Imagine That . . .44 What If . . .62 Examples of Use Cases 77 Expert Point of View 82 Key Takeaways 86 Part 2: How to Make A Difference With AI Where to Play and How to Win 90 How to Design The AI Strategy 94 How to Develop AI Capabilities 116 Examples of Industry Cases 127 How to Address AI Ethics 132 How to Handle AI Regulations 138 Expert Point of View 145 Key Takeaways 150 Part 3: What tools and Methods Support The Activities? How to Leverage The AI Value Chain 154 Transformer Models, Agi, and Other Beliefs 156 Example of Application Scenario 161 Methods For AI and Innovation 168 #1 AI Lens: Increased Employee Productivity 169 #2 AI Lens: AI-Driven Innovation and Creativity 180 #3 AI Lens: top-Line and Bottom-Line Impact 194 Expert Point of View 200 Key Takeaways 204 Part 4: The Future of AI and Innovation What’s Next For AI 208 Trends On AI 212 AI’s Influence On Different Sectors 216 Example of Industry Cases 223 Future of Innovation Management 230 Expert Point of View 237 Key Takeaways 244 Wrap-Up Closing Words 246 AI-Glossary 248 Sources 257 Index 263

"THE BOOK FROM OMAR & MICHAEL IS A MASTERPIECE TO UNDERSTAND THE POSSIBILITIES OF HOW AI WILL CHANGE FUNDAMENTALLY OUR WORLD, BUSINESSES AND LIFE! A MUST-READ!"—Nabil Malouli, SVP of eCommerce Global, DHL "IN A WORLD SPINNING WITH AI, THIS BOOK IS THE COMPASS I NEEDED, GUIDING US FROM INITIAL CURIOSITY TO EFFECTIVELY SCALING OUR AI PRODUCTS. IT CLEARS THE FOG, DEMYSTIFIES THE FUTURE, AND EMPOWERS US TO NAVIGATE THE THRILLING LANDSCAPE OF EXPONENTIAL CHANGE."—Greg Ombach, PhD, Head of Disruptive Research & Technology, Airbus "THIS BOOK ISN'T JUST ABOUT AI, IT'S ABOUT THE FUTURE OF HUMANITY. A MIND-BLOWING EXPLORATION OF HOW AI IS UNLOCKING NEW REALMS OF INNOVATION — A MUST-READ!"—Claudio Mirti, Advanced Analytics & AI Lead EMEA, Microsoft Artificial intelligence (AI) is rapidly changing the world. From self-driving cars to virtual assistants, generative AI is already having a major impact on our lives. And the future of AI and innovation is even more promising. In this book from the exponential change book series, the authors explore the future of AI and innovation. Renowned bestselling innovation author, Michael Lewrick, and NASA Chief AI Advisor and thought leader, Omar Hatamleh, reflect on best practices and tools to transform industries, create new market opportunities, and solve some of the world's most wicked problems of mankind with AI. The team of authors also discuss the challenges of AI, such as bias, security, and privacy. Different perspectives from industry experts enrich the discussion of the topic. This essential roadmap equips you with the tools and foresight to navigate the exponential changes on the horizon, shaping a brighter future for your business. This book is for anyone who wants to understand the future of AI and innovation. It is for business leaders, innovation teams, policymakers, and anyone who is interested in leading exponential change.