AI Is Changing Your Business: Why Founders Must Keep Adapting

Send us Fan MailArtificial intelligence will change jobs, industries and established business models.The question is not whether every prediction about AI will come true. The important question is whether you are prepared to adapt as technology changes the world around you.In this short solo episode, Peter Boolkah examines the fear that artificial intelligence will take people’s jobs.Drawing on the decline of large-scale automotive manufacturing in Dagenham, Peter argues that technological disruption is not new. Businesses have always invested in machinery and technology that can improve quality, lower costs and increase efficiency.Fighting that change will not preserve an outdated business model forever.You’ll discover:Why technological change inevitably affects established jobsWhat the decline of automotive manufacturing can teach business ownersWhy employers invest in automation and more efficient technologyHow AI could reshape entire industriesWhy a job or career can no longer be assumed to last for lifeThe importance of learning, retraining and developing new capabilitiesWhy your existing products and services may need to changeHow founders should respond when their business model is disruptedThe central message is simple: the world will not stop changing simply because we are uncomfortable with that change.Business owners must continue learning, question their existing model and remain willing to evolve.ARCHIVE CONTEXTThis episode was recorded in March 2020, before the widespread adoption of generative AI. It is a short strategic reflection on technological disruption rather than a practical guide to implementing AI.The autonomous-vehicle examples and timelines reflect expectations at the time of recording and should not be interpreted as a description of the current market.CONNECT WITH PETER BOOLKAHWebsite: https://www.boolkah.comLinkedIn: https://www.linkedin.com/in/boolkahInstagram: https://www.instagram.com/pboolkah/Facebook: https://www.facebook.com/BoolkahX: https://twitter.com/boolkahABOUT PETER BOOLKAHPeter Boolkah is a business coach, author and speaker who has spent more than 20 years helping business owners build stronger, more valuable businesses that do not depend on them for everything.He is the creator of The Hamster Wheel Trap® and author of Your Business Sucks: Build a Business That Works Without Destroying Your Life.Peter works with founders and leadership teams on the issues that ultimately determine whether a business creates freedom or becomes another job: leadership, founder dependency, people, profit, execution, scaling, exit readiness and enterprise value.His approach is direct, practical and built around one simple question:Do you own the business, or does the business own you?Learn more at https://www.boolkah.com