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Paola Cillo

Rethinking innovation: the challenges of the future

One of the greatest challenges for today’s managers is understanding how to sustain innovation in an increasingly dynamic environment – one shaped by technological hyperconnectivity, social fragmentation, and, most critically, the decline in research productivity and novelty. A renowned study published in Nature highlights that both patents and scientific research over the past two decades have ...

Matteo Di Castelnuovo

AI and energy: the hidden challenge of data centers

The rapid expansion of artificial intelligence brings not only technological but also significant energy-related implications. According to the International Energy Agency, data centers – the physical backbone of AI – could consume up to 3% of global electricity by 2030, an amount comparable to the current demand of an entire industrialized country. Yet these digital hubs could also become enablers ...

Salvatore Vicari

Artificial Intelligence Ethics: a Brief Overview

Artificial intelligence (AI) is rapidly revolutionizing our world, with applications in every sphere of life, from medicine to finance, manufacturing to entertainment. It is estimated that, in the near future, a large part of our activities will be carried out by intelligent machines or will see a collaboration between humans and AI. However, this unprecedented technological progress brings with it ...

Andrea Ciacci and Lara Penco

Unveiling the Nature of Big Data Analytics Capabilities

Introduction Big data represents a disruptive paradigm shift for businesses (Chauhan et al., 2022; George et al., 2014; Ekbia et al., 2015). According to McAfee and Brynjolfsson (2012), firms that anchor their activities on data show productivity rates and profitability that are 5% or 6% higher than their counterparts. Data-driven firms are business organizations that build tools, abilities, and culture ...

Andrea Beltratti, Alessia Bezzecchi

CFO and AI: an Evolution Starting from Afar

The Financial Times recently argued that the role of the Chief Financial Officer (CFO) is changing as a result of the increasing introduction of Artificial Intelligence in the enterprise, which enables the availability of analytical and predictive tools. It is hard to disagree: academic research supports with econometric models that the use of predictive analytics enables a productivity improvement ...

Donato Masciandaro

Artificial Intelligence, Stock Markets, and “Newton's Lesson”

Stock markets are in good health, but AI-related stocks are performing even better: within the generally positive trend of stock prices, the performance of companies associated with so-called artificial intelligence stands out. It is undeniable that the applications of technologies for the production and distribution of information and knowledge, summarized under the term "artificial intelligence," ...

Andrea Beltratti, Alessia Bezzecchi

AI and the Future of Work in Finance

In the 1991 movie Judgment Day, Terminator says, “My CPU is a neural-net processor; a learning computer. The more contact I have with humans, the more I learn.” The effects of the nuclear war started by machines to exterminate humanity in the film have left a profound impact on how many people think about the use of artificial intelligence. For decades, concerns about the growing power of machines ...

Nic Beech, Paul Hibbert and Katy Mason

A Learning Orientation to Improve Impact Across Sectors

‘If you want truly to understand something, try to change it.’ Kurt Lewin Over the past two decades, there has been a significant global focus on improving the impact of research on practice. Governments, research funders, academics, practitioners, and businesses all perceive value in enabling a stronger connection between research and practice to improve practical outcomes (Haley, 2021). For ...

Bruno Busacca, Maria Carmela Ostillio

Brand and Artificial Intelligence: Two Key Questions to Explore New Frontiers

The continuous development of AI opens up ever-new strategic and managerial horizons for businesses, revealing extraordinary opportunities in terms of efficiency (a goal that seems to be prevalent today) and effectiveness (an area that offers unexplored avenues for analysis and thus requires further investigation). These opportunities are inevitably linked to various risks, stemming not only from ...

Gianmario Verona

Digital and sustainable decisions for a changing world

We’re living in the digital age and facing challenges linked to sustainability, so to put it another way, this is the century of digital and sustainable decisions. For some time, digital was fundamentally seen as an object, a tool: a smartphone, a tablet, a smart TV. We recognized the pleasure of the game (as Alessandro Baricco deftly describes it in his novel "The Game"), but governments and businesses ...