
What Smart Leaders Need To Know About Harnessing AI Innovation
Ever since its emergence as a concept, artificial intelligence (AI) has been the subject of countless discussions and fears. Some see it as a threat, some as an opportunity, and others as a way to replace employees. In any case, a modern company cannot stay away from new technologies if it wishes to stay relevant. The most important thing is to implement those technologies correctly.
In recent years, as AI development picked up pace and grew into a hot topic in business circles, I admit, my initial reaction was closer to scepticism than excitement. Not because I felt threatened by it, but because I couldn't see how it would fit meaningfully into different types of businesses.
My own agency, for example, specializes in communications—a nuanced field that demands a lot of creativity, and where humans are very much front and centre of all efforts and activities. Could a machine really replace that? At the time, it felt like AI would be more along the lines of a personal assistant, helping with bookings, record keeping, and general advice.
Today, I can say confidently that AI has found a helpful role in our operations. It's all about using it wisely.
From Intrusion To Integration
The conversation around AI tends to swing between extremes. It's either seen as revolutionary or as a threat to jobs and creativity. In my experience, perceptions can shift quickly. Just a year ago, some clients were adamant that we avoid using AI for content creation, even though we weren't relying on it. Now, many of those same clients are asking for AI-generated content or actively using AI to draft their own ideas.
It felt like a drastic transition, and it left me thinking that the truth about AI is somewhere in the middle. That it's neither an all-in-one solution nor an existential threat. It's a tool. And like any tool, its value lies in how we use it.
At our agency, we experimented quite a lot and gradually learned to use AI for things like competitor analysis or research tasks. It's a useful way to cut down on hours of manual work—not to replace jobs, but to free up our team's time for deeper thinking and more strategic tasks.
It's not about cutting down on staff; it's about boosting their efficiency. One person, equipped with the right tools and knowledge, can now achieve the work of multiple days, or multiple people, in just a few hours. That's a major advantage right there.
The Leader's Role In AI Integration
But for all of AI's benefits, there are still many teams out there that resist the integration of these tools. Not because they're lazy or old-fashioned, but because they haven't been shown the value of AI in a way that aligns with their company's culture and mission.
This is where I feel leadership becomes key. How you introduce AI into your company determines how your workers will feel about it. A smart leader doesn't just roll out AI and say 'go use it.' They guide their teams, give context, and make sure the tech fits the company's values.
If you're serious about integrating AI into your operations, then you can't just give everyone access to ChatGPT and hope for the best. You need to make it a part of your corporate culture so that it amplifies human thinking rather than replaces it. This is how you inspire your employees to learn and grow instead of feeling like they've become unneeded.
We make sure everyone on the team knows not just how to use AI, but when to pause and rely on their own judgment. AI can generate a hundred options, but it can't tell you which one truly fits your brand's message or tone. That part still needs a human touch, and I don't see that changing anytime soon.
AI Doesn't Kill Jobs, Obsolete Skill Sets Do
I want to address the well-known worry of AI robbing people of jobs. To be blunt, yes, some professions are at risk. But that's not something new.
Look at history: switchboard operators, lamplighters, the so-called 'human computers'—all these roles disappeared because, across the centuries, innovation kept moving forward. AI is just another turn of the wheel within the same fundamental cycle.
If your role is built purely on repetition, you should be thinking about how to evolve. But the solution isn't to fear AI, it's to embrace it and build on top of it. Technology should speed up our work, not shut off our curiosity.
Combining Human Insight With Automation
One major downside of AI, the one that worries me, is the more we rely on machine thinking, the more we're at risk of unlearning how to think for ourselves. It's tempting to just take the first ChatGPT output and move on instead of using our brains, but not all tasks should be delegated to algorithms. We need to remember what sets us apart from machines: critical thinking, empathy, and judgment.
I believe that the way forward is for people to learn to combine AI literacy with critical thinking. AI is not at a point where it can replace human thinking—what it produces needs to be double-checked. Combining human insight with automation is how we learn to perform jobs better, not just faster.
That's why one of my team's internal values is constant learning. Not just in the traditional sense, but in terms of evolving our mindset alongside technology. We instruct our employees how to use AI, while training them to stay sharp and thoughtful while doing so. Being modern and competitive is certainly good, but it shouldn't come at the cost of authenticity.
Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
40 minutes ago
- Yahoo
Jim Cramer on AGCO: I'm Wondering If it Might Have Even More Upside'
AGCO Corporation (NYSE:AGCO) is one of the stocks Jim Cramer shed light on. During the episode, Cramer highlighted the stock's rebound from April lows. He commented: 'What's happening at AGCO, the big maker of agricultural equipment and precision ag technology? Quietly, over the past few months, this stock has rebounded from its April lows, and I'm wondering if it might have even more upside. When AGCO reported at the end of July, it delivered a much better-than-expected series of numbers. Photo by Yiorgos Ntrahas on Unsplash AGCO Corporation (NYSE:AGCO) manufactures agricultural equipment, including tractors, harvesters, and application machinery. The company also provides grain storage systems, animal housing equipment, and replacement parts. While we acknowledge the potential of AGCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
40 minutes ago
- Yahoo
Jim Cramer on Marvell: 'I Want You to Buy More'
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks Jim Cramer shed light on. Asking for Cramer's opinion on the stock, a caller expressed that they are unsure whether they should stick with the stock or not. In response, he said: 'Marvell Technology's run by Matt Murphy, and I gotta tell you, Matt, Matt is a gamer. I want you to buy more. I kid you not, I think the stock is going higher. Maybe it goes back to, maybe it goes back to par, which is genuine Wall Street gibberish for $100.' Image by Sergei Tokmakov, Esq. from Pixabay Marvell Technology, Inc. (NASDAQ:MRVL) designs semiconductor solutions for data infrastructure. The company provides system-on-a-chip architectures, Ethernet products, interconnect technologies, and storage controllers. When a caller asked about the stock in a July episode, Cramer replied: 'You know what? I think it should have gone up after that last quarter. I think Matt Murphy did a terrific job. I don't really understand the sustained decline. I think that this stock could be ready to roll. Now, Texas Instruments reported… and again, gave weak guidance. Now they're not exactly the same, but I will tell you that I think that you could see this stock down along with Texas Instruments because Texas Instruments was that bad.' While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Miami Herald
an hour ago
- Miami Herald
Veteran trader highlights crypto miner after Google deal
TheStreet Pro's Stephen Guilfoyle knows what you're thinking. The veteran trader recently turned his attention to TeraWulf (WULF) , which saw its stock skyrocket on Aug. 14. Don't miss the move: Subscribe to TheStreet's free daily newsletter "Sarge, isn't Terawulf a cryptocurrency mining operation?" he wrote. "Yes, but that said, the firm is transitioning into something bigger and potentially far more consequential than that." Guilfoyle said TeraWulf has pivoted toward providing infrastructure to so-called hyperscalers, the large cloud service providers offering massive computing power and storage capacity, with a focus on AI-related workloads. "In short, the firm is likely trying to position itself as a competitor to CoreWeave (CRWV) ," he said, referring to the AI cloud-computing startup. Image source: East Bay Times via Getty Images Founded in 2021, TeraWulf said on its website that it provided "domestically produced bitcoin by using more than 90% zero carbon energy today." Guilfoyle, whose career dates back to the floor of the New York Stock Exchange in the 1980s, said Terawulf reached two 10-year agreements with AI cloud platform company Fluidstack to supply high-performance computing clusters to large cloud providers. Google parent Alphabet (GOOGL) has agreed to provide funding of $1.8 billion to help finance this project. In return, Alphabet received warrants to acquire roughly 41 million shares of TeraWulf that would amount to an 8% stake when exercised. More Experts Stocks & Markets Podcast: Sectors to Avoid With Jay WoodsTrader makes bold call with Boeing stock after defense workers strikeVeteran fund manager sends urgent 9-word message on stocks "These are truly a game changer for TeraWulf," Chief Financial Officer Patrick Fleury told analysts during the second-quarter earnings call. "The Fluid Stack lease and Google support agreement are carefully structured to enhance our credit profile and position us to scale quickly." TeraWulf's stock has surged 55.4% this year and skyrocketed 144% from this time in 2024. TeraWulf beat Wall Street's quarterly earnings expectations, with revenue increasing 34% year-over-year to $47.6 million. The company cited a higher average bitcoin price and expanded mining capacity, offset partly by expected headwinds from increased network difficulty and the April 2024 halving, where bitcoin reduced the block reward by 50%. "My target price is around $9.50," Guilfoyle said. "This is a trade, not an investment, and I expect to be flat the name by the closing bell should short-term traders take profits en masse on Friday." Clear Street analyst Brian Dobson raised the investment firm's price target on TeraWulf to $12 from $9 and affirmed a buy rating on the shares, according to The Fly. The colocation agreements with Fluidstack, supported by Google's $1.8 billion lease backstop and equity stake, and 80-year ground lease at the Cayuga site in New York, "materially enhance" TeraWulf's long-term growth profile, the analyst said. The firm upped its 2027 Ebitda estimate to reflect TeraWulf's expanding high performance computing portfolio. It sees potential upside to its outlook as it does not consider new business wins. Adding Fluidstack as a client, along with Google's commitment, "will create significant momentum and increase the likelihood of additional contract wins going forward," Dobson contended. Citizens JMP analyst Greg Miller raised the firm's price target on TeraWulf to $13 from $7 and maintained an outperform rating on the shares. Related: AI leader stuns Google with move that could reshape the internet TeraWulf reported solid Q2 results, underscoring progress in its strategic pivot toward high-performance computing hosting, the analyst said. The company is likely to exit mining by the next halving event, and it retains the flexibility to redeploy mining capacity toward HPC, aligning with customer demand trends, the firm says. Analysts have noted a shift from bitcoin mining to AI data centers, as both require huge amounts of electricity. A report by the International Energy Association said that electricity demand from data centers worldwide is set to more than double by 2030 to around 945 terawatt-hours, slightly more than the entire electricity consumption of Japan today. "Hyperscalers with generative AI needs are particularly interested in converting to bitcoin mining data centers due to the substantial power requirements and the urgency of deployment timelines," Prakash Vijayan, a senior analyst with Driehaus Capital Management, wrote in November. Vijayan said generative AI applications demand immense computational power and energy, often 10 times more than standard operations. "Bitcoin mining data centers are equipped with advanced cooling systems and have access to cheap, substantial energy sources," he said. "This presents an ideal solution for these needs." By repurposing existing bitcoin mining facilities, Vijayan said, hyperscalers can significantly reduce timelines and meet the growing demand for AI services more efficiently. "Given these trends, bitcoin miners are increasingly transitioning to AI data centers as a strategic move to diversify their revenue streams and leverage their existing infrastructure," he added. Related: The stock market is being led by a new group of winners The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.