Very insightful article.

RE:"For the execs, a business they built/shaped is potentially losing market value to some app a 25-year-old kid created" This addresses a question I began asking in 1998 when our business culture was transitioning from the Industrial Park model to the Global Village model.

Will those who can understand and master the emerging global socioeconomic system be able to take in new data, process it against global databases of stored information, make judgments that lead to real world actions, and receive real time feedback to validate future judgments? This dynamic process [algorithm] is able to evolve spontaneously as it interacts with data. Any astute 25 yr old could master it "just-in-time" via remote learning. But the execs who built and mastered the "best practice" processes over a 20 to 30 year run of "just-in'case" risk management are left in the dust of second-hand knowledge.

Streaming songs from Pandora or suggested videos from YouTube is a recent example of artificial intelligence assisting human activity. YouTube servers offer a wide variety of videos on the platform; users click on videos they want to watch; they give feedback on those videos, such as a thumb up/down or leaving metadata in the form of how long they watched the video. This feedback is used to update the software algorithm. And major corporations rise or fall based on these results.