Problem
Artificial Intelligence (AI) has begun to take over many functions in the firm, including pricing, recruitment, talent promotion, advertising, loan issuance, default risk prediction, supply chain and inventory management and demand prediction. How will AI algorithms create value for firms and reshape corporations and industries? Explain how AI-driven firms will compete in the future. What will it take for an AI-driven firm to outcompete its rivals? Could AI or ML algorithms be a source of lasting competitive advantage?