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Sam Ransbotham on Navigating AI's Value: Beyond Mediocrity and Measurement

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Sam Ransbotham Unpacks AI’s Promise and Peril
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  • Sam Ransbotham, a professor of business analytics at Boston College and host of the “Me, Myself and AI” podcast from MIT Sloan Management Review, observes both exciting potential and concerning trends in AI usage among students.
  • He identifies a new “digital divide” in the classroom, not based on socioeconomic factors (as premier tools are provided), but on varying levels of interest and engagement with technology, leading to a disparity in outcomes.
  • A key concern is the “race to mediocre,” where the ease of achieving basic results with AI tools can discourage students from pursuing true excellence, potentially hampering their deeper learning and development.
  • Ransbotham highlights AI’s “measurement problem,” drawing parallels to Wikipedia’s creation of immense societal value that wasn’t fully captured by traditional economic metrics, suggesting similar challenges in quantifying AI’s true, often intangible, impact.
  • His personal “gotta have it” AI feature isn’t content generation, but rather content summarization and distillation, emphasizing its utility in managing information overload and fitting more into his day.
  • Despite AI’s potential for error, Ransbotham finds significant value even when the tool is “completely wrong,” as its flawed outputs can spark critical thinking and prompt deeper inquiry into the underlying reasons for the inaccuracies.
  • The “Me, Myself and AI” podcast aims to cut through the polarizing narratives surrounding artificial intelligence, striving to find the genuine “signal” and “truth” amidst the pervasive hype and naysaying. Ransbotham’s insights into the “race to mediocre” reflect a growing concern across industries: the double-edged sword of accessible AI. While these tools democratize complex tasks and can significantly boost productivity, they also risk lowering the bar for what’s considered acceptable work, challenging the pursuit of genuine innovation. This dynamic not only impacts traditional educational paradigms but also forces businesses to reconsider how they evaluate productivity and creativity in an AI-assisted environment. The inherent difficulty in quantifying AI’s true economic and societal value, as Ransbotham notes, mirrors the broader struggle companies face in defining ROI for their AI investments, moving beyond mere efficiency gains to capture profound, often intangible, strategic advantages. Looking ahead, Ransbotham’s observations underscore the critical need for fostering a culture of deeper, more critical engagement with AI, rather than passive reliance. The future success of individuals and organizations leveraging AI will hinge on their ability to move beyond cursory interactions, utilizing AI as a catalyst for enhanced critical thinking and advanced problem-solving, even when the technology errs. This paradigm shift, from viewing AI as a simple task-doer to a powerful thought-partner, will be crucial for cultivating true excellence across various domains, ultimately ensuring that the technology elevates human capabilities rather than merely expediting mediocrity.

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