Machine learning is re-engineering corporate decisionmaking

Remember when Kodak dominated the consumer film industry? When digital came along, Kodak's leadership made the fateful decision to double down on celluloid film instead of going all-in on digital. With the benefits of hindsight, we know now that that decision was the beginning of the end for the company's dominance. Think of all the one-off decisions that led up to that grand strategic misfire. When you run a business or manage a team, decisionmaking comes with the territory – who to hire, which ideas to pursue, how much money to allocate to each department, which products to greenlight.