1 :: Autonomous Innovation

Is AI actually the next CINO?

🚪TL;DR:

I just started this journey, but the whole point of starting it is already questionable. I’ll share more about what came before in future issues, but focusing on what might come after seems more relevant at the moment. Will companies actually need a (human) CINO 5 or 10 years from now to stay at the forefront of their industries? We’ve all heard about autonomous vehicles at this point, but what about autonomous value generation for businesses? Generative AI is disrupting innovation as much as any other field and autonomous innovation is the outcome. I guess its actual impact is something else that only the future will tell, but we better start preparing.

🧠 What is it?
Simply put, innovation is the process of creating something new with the purpose of generating value. On the other hand, to be autonomous is to function and decide independently without control by others. As such, autonomous innovation is the technology-owned process of creating something new with the purpose of generating value. It is an always-on next-generation innovation engine to create new processes, products, or services, entirely powered by AI - from ideation to delivery. Some call it the new paradigm post-Design Thinking.

📦 Why is it relevant?
Any opportunities to drive efficiencies and maximize results are not only relevant but critical to all business leaders. In a world where the level of autonomy is still not enough to replace human CINOs (only to augment their capabilities), autonomous innovation has the potential to streamline innovation operations. It enables exceptional productivity, time-to-market, and success rates - more and higher quality ideas, tested and executed faster, with fewer resources and risks. Leveraging technology to optimize our work (while it’s not possible to be fully replaced) is a superpower for any innovator and there are already multiple generative AI tools that either automate or support tasks like ideation, user research, product and business design, or growth marketing. A few examples here and here.

🧶 Where to learn more about it:
This is a topic I’m especially looking forward to learning more about myself, so I just registered for this virtual Autonomous Innovation Summit on December 6th and 7th. It will bring together some of the brightest minds at the crossroads of AI, business strategy, and creative thinking, to explore how generative AI is revolutionizing the landscape of innovation.

See you next Tuesday! 👋