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Leadership evolution in the age of artificial intelligence

Author

Listed:
  • Jerahian, Aris

    (FinTech Executive, USA)

Abstract

Advocates of artificial intelligence (AI) envision a future where intelligent machines can perform routine tasks, allowing humans to focus on creative pursuits. Despite concerns about job losses, organisational think tanks believe that humans and machines can work together to achieve better results. This paper explores the interaction of AI and leadership to improve organisational performance. It inspires enthusiastic optimism in some managers and fear and scepticism in others. It is crucial to acknowledge and address these concerns as increased emotional tension always accompanies new phenomena. The paper explains that leaders who prioritise outcomes over technology can devise effective AI strategies that improve human capabilities, which could lead to a more productive, meaningful and fulfilling future of work. The paper uses pertinent tables to understand better the overall impact of AI on corporate culture and work style as well as its socioeconomic implications in the workplace. The paper concludes with a focus on hybrid models that combine human intelligence with machine intelligence to get exponential results.

Suggested Citation

  • Jerahian, Aris, 2024. "Leadership evolution in the age of artificial intelligence," Journal of Digital Banking, Henry Stewart Publications, vol. 9(2), pages 129-137, September.
  • Handle: RePEc:aza:jdb000:y:2024:v:9:i:2:p:129-137
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    More about this item

    Keywords

    artificial intelligence; AI; corporate culture; future of work; human augmentation;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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