World Perspectives

AI versus GMO; Self-Immolation; Too Hot to Handle

AI versus GMO Political leaders gathered in Bletchley Park at the invitation of UK Prime Minister Rishi Sunak and agreed to a global dialogue on regulating artificial intelligence. There was a similar meeting in Hong Kong. They want AI businesses to include responsibility in their models, and an international system of security alerts and information sharing to prevent harmful viral events. There are also national AI regulatory actions occurring. Big companies like regulation because it slows the effort by any smaller upstarts unable to bear its costs. Regulators must be careful because AI is expected to increase economic growth at lower labor rates and self-improve capital allocation. Over-regulation will stymie these benefits.  At...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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