In this short version of the podcast, Nicolai Tangen interviews Wharton Professor Ethan Mollick about AI in the corporate world. Mollick suggests that companies should focus on educating their employees on the current state of AI and involve team leadership in researching its applications. He shares examples of companies incentivizing AI use through bonuses and integrating it into hiring processes and annual reviews. Mollick discusses the potential impact of AI on employee performance, noting possibilities such as boosting bottom performers, creating massive returns for top performers, or universally lifting performance. He cautions against viewing AI solely as a cost-cutting measure, advocating instead for a growth-oriented approach. Mollick expresses surprise at the rapid adoption and capability gains of AI, emphasizing the urgency for companies to embrace and understand its potential.
