How to replace your CEO with a robot

Drop-in business talent (from DLR on Flickr — https://www.flickr.com/photos/dlr_de/14221643946)

First: Changing the time horizon

Dirty Data Lake — Pic by Michael S on Flickr — https://www.flickr.com/photos/mjsciald/15151747766

Second: The new liability

  • Insider trading: Financial filings have to happen constantly. Insider trading is when someone with foreknowledge of matters that might affect stock price acts on those things before the general public can do so. The window of opportunity for insider trading is huge when insight happens in real time but filings happen quarterly.
  • Negligence: Courts generally recognize negligence when someone didn’t exercise best practices based on what they knew at the time. Real-time, connected companies no longer have the excuse, “I didn’t know this was happening.” Whether it’s fraud, or discrimination in HR, or embezzlement, or antitrust violations, or myriad other white-collar crimes, as algorithms get better it will be harder for executives to use lack of knowledge as an excuse.

Third: Conditions of insurance

Fourth: From fear to greed and power

Fifth: The machine board member

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Writer, speaker, accelerant. Intersection of tech & society. Strata, Startupfest, Bitnorth, FWD50. Lean Analytics, Tilt the Windmill, HBS, Just Evil Enough.

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Alistair Croll

Alistair Croll

Writer, speaker, accelerant. Intersection of tech & society. Strata, Startupfest, Bitnorth, FWD50. Lean Analytics, Tilt the Windmill, HBS, Just Evil Enough.

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