Over the past year, Artificial Intelligence has shifted from being a buzzword to something that is actively changing how work gets done.  This is true especially in technology, but increasingly it is affecting businesses in every sector of the economy.  The speed at which AI is getting better at solving problems and improving workflow is astonishing. In software development, AI tools are now doing in minutes what used to take programmers weeks. These systems can generate, review, and refine large amounts of code.  Their ability to communicate what they are doing and why has them acting like an additional team member. The result isn’t just marginal efficiency, it’s a step-change in output. Companies are launching products faster, testing ideas more quickly, and operating with smaller teams. In some cases, firms have reduced the size of their technical staff while increasing overall production. What’s important here is that this isn’t just about programmers. The same types of AI systems are being applied to legal research, financial modeling, marketing copy, customer service, and medical analysis. In other words, AI is beginning to perform tasks that used to require advanced degrees and years of training. AI systems aren’t progressing in a straight line, they’re compounding. Each new version tends to improve rapidly because it learns from larger data sets and more usage. Leaders in the field describe this moment as standing in front of a powerful wave that’s already forming offshore. It hasn’t fully hit yet, but it’s coming, and fast. From an economic standpoint, this raises two big questions. First, how many jobs will be displaced or reshaped? And second, how quickly can workers and companies adapt? History tells us that new technologies eventually create new industries and opportunities. The Industrial Revolution eliminated certain types of work but created entirely new sectors. The internet did the same. The difference today is the speed. If AI can absorb certain types of cognitive work… | Read More »