Are You Turning Your Cognitive Scrap Into Cognitive Capital?
AI helps progressively structure complex tasks and smart executives use their cognitive scrap to build cognitive capital.
Read on Forbes →AI · Private equity · Cognitive capital
How owners turn AI into lasting value.
I advise senior executives and investors on cognitive capital: the processes, algorithms and data that firms codify to create value. HBS Executive Fellow. Co-founder of GAI Insights.
HBS Executive FellowGAI Insights co-founderForbes contributorHBR author since 1988
The idea
Cognitive capital
Capital is what accumulates, compounds and multiplies other capital. Codified cognition does all three. Firms that capture it systematically will out-learn the ones that only cut costs.
- Tacit to explicit. Make what experts know usable by everyone.
- Scale beyond human limits. Standardize knowledge too vast for people to hold.
- New patterns. Let machines find signal no one has seen.
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Firms that embed cognitive capital in their products are more engineering heavy and flatter. All firms should ask what value they can embed with AI into the product.
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Book
The Self-Made Billionaire Effect
How extreme producers create massive value. With Mitch Cohen (2015).
About the book → · Find it on Amazon →Speaking and advisory
Board briefings, executive sessions and keynotes on AI and cognitive capital, plus advisory work with owners, operating executives and investors. See how I work →