AI and Business Models summarizes the literature on AI and business
model innovation. The main hypothesis is that the deployment of AI
across an industry creates new mechanisms for value creation in an
industry and in turn results in new firms generating value in an
industry as incumbent firms may no longer be as competitive as in
the past - the so called "value migration" phenomenon. Given the
lack of data on AI, this monograph relies on qualitative studies as
well as grey literature that underpins much of the research in the
field. In this respect, a key purpose of the exercise is to
identify where formal research is needed to help us to understand
how business models change as the diffusion of AI across economies
accelerates. Following an introduction, section 2 provides a brief
introduction to AI and its different varieties. Section 3 focuses
on value migration in an industry and business models. Section 4
provides a taxonomy of the new business models that have emerged as
a result of AI and discusses the main features of these new
business models. Section 5 analyzes the key factors that drive the
emergence of new business models. Finally, Section 6 offers
concluding remarks as well as reflections on existing gaps in our
knowledge of business models that can inform future research in the
field.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!