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What’s the Purpose of Companies in the Age of AI?

Harvard Business Review

Recent advances in artificial intelligence (AI) and computer technology are causing us to think again about some really basic questions: what is a firm? What can firms do better than markets? The incumbent therefore needs to invest in the invasive technology before it is definitively needed. Tintan/Getty Images.

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Climate Change Is an Overwhelming Problem. Here Are 4 Things Executives Can Do Today

Harvard Business Review

The threats that climate change poses to business, markets, and, indeed, capitalism are peculiarly hard for most top teams to spot, let alone act on. Such market dynamics behave like vortices — a whirlwind in the air, or a whirlpool in water. “Even a vortex is a vortex in something,” noted George Bernard Shaw.