Competing in the AI economy: An interview with MIT's Andrew McAfee

AI has arrived, but are companies ready for it? According to an MIT scientist, executives are underestimating the speed, scope, and scale of the disruption it will bring. The promises and practical applications of artificial intelligence (AI) are here. In this interview with Andrew McAfee, principal research scientist at the Massachusetts Institute of Technology (MIT) and cofounder of the MIT Initiative on the Digital Economy, he explains how AI, and machine learning in particular, is quickly disrupting companies' economic models, strategy, culture, and even the very nature of how they are structured and run. But there are opportunities for companies that can answer the call--and meet the needs and wants of consumers. An edited transcript of McAfee's remarks follows.