WEBVTT 1 00:00:00.000 --> 00:00:01.267 Staying on top 2 00:00:01.267 --> 00:00:04.371 of this really rapid moving landscape 3 00:00:04.371 --> 00:00:07.440 is actually very critical at this moment. 4 00:00:08.108 --> 00:00:09.376 AI is moving fast. 5 00:00:09.376 --> 00:00:11.244 ROI expectations are rising, 6 00:00:11.244 --> 00:00:13.446 and leaders everywhere are racing to figure out 7 00:00:13.446 --> 00:00:16.616 what it actually takes to build an AI-ready organization. 8 00:00:16.616 --> 00:00:19.285 To help us understand and make sense of this moment, 9 00:00:19.285 --> 00:00:21.454 I'm joined by two people at the very center 10 00:00:21.454 --> 00:00:23.323 of this conversation globally, 11 00:00:23.323 --> 00:00:26.026 Dr. Fei-Fei Li and Dylan Bolden. 12 00:00:26.026 --> 00:00:29.496 Many people call Dr. Li the godmother of AI 13 00:00:29.496 --> 00:00:30.597 and for good reason, 14 00:00:30.597 --> 00:00:32.499 she created ImageNet, 15 00:00:32.499 --> 00:00:33.733 which is the database 16 00:00:33.733 --> 00:00:36.503 that literally taught computers to see. 17 00:00:36.503 --> 00:00:39.305 That breakthrough made possible everything from Google Lens 18 00:00:39.305 --> 00:00:40.840 to self-driving cars. 19 00:00:40.840 --> 00:00:43.810 And today as co-founder and CEO of World Labs, 20 00:00:43.810 --> 00:00:46.379 she's building large world models, 21 00:00:46.379 --> 00:00:48.882 AI that doesn't just process data, 22 00:00:48.882 --> 00:00:53.882 but understands and navigates the physical world around us. 23 00:00:54.254 --> 00:00:56.723 And Dylan Bolden has spent over two decades helping 24 00:00:56.723 --> 00:00:59.893 the world's most complex organizations figure out 25 00:00:59.893 --> 00:01:01.194 what's next. 26 00:01:01.194 --> 00:01:03.596 He's managing director and senior partner at BCG, 27 00:01:03.596 --> 00:01:07.100 and in that role, he leads the firm's global thinking on AI 28 00:01:07.100 --> 00:01:08.635 and its impact on business. 29 00:01:08.635 --> 00:01:10.970 Dr. Li, Dylan, welcome. 30 00:01:10.970 --> 00:01:11.805 Thank you. 31 00:01:11.805 --> 00:01:12.939 Glad to be here. 32 00:01:12.972 --> 00:01:13.873 One of the headlines 33 00:01:13.873 --> 00:01:16.342 that's dominating almost every newspaper 34 00:01:16.342 --> 00:01:19.312 is about AI-related layoffs. 35 00:01:19.312 --> 00:01:22.515 And while that is true, there's been a counterstory 36 00:01:22.515 --> 00:01:24.317 that isn't getting enough attention 37 00:01:24.317 --> 00:01:28.054 and that some of the earliest actors are now rehiring people 38 00:01:28.054 --> 00:01:29.923 because they realize, wait a minute, 39 00:01:29.923 --> 00:01:31.558 we let people go too soon. 40 00:01:31.558 --> 00:01:34.094 Dr. Li, what does the evidence say 41 00:01:34.094 --> 00:01:38.465 about what happens when you strip out humans from AI? 42 00:01:40.633 --> 00:01:43.937 Duarte this is a very, very complex topic. 43 00:01:45.071 --> 00:01:47.340 It's complex, first, AI is still new, 44 00:01:47.340 --> 00:01:49.843 so the whole labor market impact 45 00:01:49.843 --> 00:01:52.712 is still unsettled. 46 00:01:52.712 --> 00:01:54.848 There's a lot to be played out. 47 00:01:54.848 --> 00:01:56.282 You know, 48 00:01:56.282 --> 00:01:58.384 are we really seeing a shift 49 00:01:58.384 --> 00:02:00.887 of labor market? 50 00:02:02.155 --> 00:02:05.892 Is some pockets of this too fast, too slow? 51 00:02:05.892 --> 00:02:07.260 We don't know yet. 52 00:02:08.595 --> 00:02:10.964 One thing is for sure: it's changing. 53 00:02:10.964 --> 00:02:13.233 Technology changes labor market. 54 00:02:13.233 --> 00:02:16.035 Technology changes workflows. 55 00:02:16.035 --> 00:02:17.170 That's one aspect. 56 00:02:17.170 --> 00:02:20.607 Another aspect is that what's our relationship 57 00:02:20.607 --> 00:02:21.674 with this technology? 58 00:02:21.674 --> 00:02:23.610 How much is collaborative? 59 00:02:23.610 --> 00:02:28.515 How much does AI take over certain tasks? 60 00:02:28.515 --> 00:02:33.486 How much should we use AI as a human intertwine, 61 00:02:33.653 --> 00:02:34.988 in the loop together? 62 00:02:34.988 --> 00:02:38.124 Some of the most seasoned 63 00:02:38.124 --> 00:02:42.395 and expert software engineers find the current tools, 64 00:02:42.395 --> 00:02:45.064 whether you're talking about Cursor, clock code, 65 00:02:46.032 --> 00:02:50.803 Codex--these tools actually very empowering 66 00:02:50.803 --> 00:02:55.141 that it can superpower and speed up their work 67 00:02:55.141 --> 00:02:58.378 when they can use it in a very sophisticated way. 68 00:02:59.212 --> 00:03:00.613 In the meantime, 69 00:03:00.613 --> 00:03:03.850 the more junior-level software engineers 70 00:03:06.419 --> 00:03:08.154 are still catching up. 71 00:03:08.154 --> 00:03:13.126 It's the level of empowerment 72 00:03:13.126 --> 00:03:16.529 we're not seeing it as much in the junior level 73 00:03:16.529 --> 00:03:18.398 as the senior level. 74 00:03:18.398 --> 00:03:21.267 There's always a question of layoffs versus upskilling 75 00:03:21.267 --> 00:03:22.535 your talent, 76 00:03:22.535 --> 00:03:25.605 and BCG's AI radar says about 75% 77 00:03:25.605 --> 00:03:29.042 of CEOs are actually pushing to upskill. 78 00:03:29.876 --> 00:03:34.347 Is that something that there's a hard business case for, 79 00:03:34.347 --> 00:03:36.015 or is that just idealism? 80 00:03:36.015 --> 00:03:37.750 No, I think it's just math. 81 00:03:37.750 --> 00:03:42.188 I think what's interesting is when that study came out, 82 00:03:42.188 --> 00:03:44.591 I think it was counterintuitive to some people. 83 00:03:46.125 --> 00:03:48.061 And I think for some CEOs, 84 00:03:49.095 --> 00:03:51.397 some CEOs who aren't really familiar 85 00:03:51.397 --> 00:03:56.397 with AI instantly think about replacing humans. 86 00:03:56.736 --> 00:03:59.639 But I think the ones that get it, they realize that, look, 87 00:03:59.639 --> 00:04:02.809 the one thing that AI doesn't have is context. 88 00:04:02.809 --> 00:04:03.643 It doesn't 89 00:04:03.643 --> 00:04:05.011 have human judgment. 90 00:04:05.011 --> 00:04:07.747 And so the better business decision 91 00:04:07.747 --> 00:04:10.617 is actually to upskill your people 92 00:04:10.617 --> 00:04:13.720 and to make sure that if you're in a supply chain function 93 00:04:13.720 --> 00:04:15.655 or you're in a finance function, 94 00:04:15.655 --> 00:04:19.225 somebody's been in the supply chain role for 15 years, 95 00:04:19.225 --> 00:04:21.794 that's 15 years of institutional knowledge, 96 00:04:21.794 --> 00:04:23.596 of context around the business. 97 00:04:23.596 --> 00:04:26.833 And so figuring out ways to upskill that person 98 00:04:26.833 --> 00:04:29.202 to actually get them to work with AI 99 00:04:29.202 --> 00:04:30.970 is a much better business decision. 100 00:04:30.970 --> 00:04:34.407 So Dylan, when we look at the way corporate executives 101 00:04:34.407 --> 00:04:37.844 are leading the change towards AI adoption 102 00:04:37.844 --> 00:04:40.780 and transformation, what advice do you give them to do 103 00:04:40.780 --> 00:04:42.548 so compassionately? 104 00:04:42.548 --> 00:04:44.083 Is that even possible? 105 00:04:44.083 --> 00:04:46.452 So I think for CEOs, the ones that I've seen 106 00:04:46.452 --> 00:04:51.357 that have led well here are ones that sort of start with 107 00:04:51.357 --> 00:04:55.728 what's going to change, what do they think is next? 108 00:04:55.728 --> 00:04:58.264 And then how they think the role is going to change. 109 00:04:58.264 --> 00:05:00.533 And I think if you're honest, 110 00:05:00.533 --> 00:05:02.535 but then you present an optimistic future 111 00:05:02.535 --> 00:05:04.570 of how humans work with AI 112 00:05:04.570 --> 00:05:05.972 and how the role will shift over time, 113 00:05:05.972 --> 00:05:08.007 I think you can actually, 114 00:05:08.007 --> 00:05:09.742 you can lead in a compassionate way 115 00:05:09.742 --> 00:05:12.145 and actually drive change much more effectively. 116 00:05:12.145 --> 00:05:16.249 BCG's, AI radar puts only about 15% 117 00:05:16.249 --> 00:05:20.353 of CEOs in that trailblazing category. 118 00:05:20.353 --> 00:05:24.824 What do the 85% need to do to get to that point? 119 00:05:24.824 --> 00:05:26.159 For the 85%, 120 00:05:26.159 --> 00:05:28.094 it's actually not about bigger budgets 121 00:05:28.094 --> 00:05:30.330 and more money, interestingly, 122 00:05:30.330 --> 00:05:32.565 it's about actually getting more specific. 123 00:05:32.565 --> 00:05:34.033 Picking the three or four places 124 00:05:34.033 --> 00:05:35.535 where you really think you can make a difference 125 00:05:35.535 --> 00:05:37.837 in the business and leaning in there, 126 00:05:37.837 --> 00:05:40.173 getting outside of the pilots and the labs 127 00:05:40.173 --> 00:05:42.675 and actually getting into the business 128 00:05:42.675 --> 00:05:44.711 and making it happen and putting it into a plan. 129 00:05:44.711 --> 00:05:49.349 So there's definitely room for the 85% to catch up, 130 00:05:49.349 --> 00:05:51.117 but they've got to move quick 131 00:05:51.117 --> 00:05:52.352 because the trailblazers 132 00:05:53.486 --> 00:05:55.021 are really accelerating. 133 00:05:55.021 --> 00:05:56.956 Dr. Li, when I look at Dylan's data, 134 00:05:56.956 --> 00:05:59.625 I can see that it puts CEOs firmly 135 00:05:59.625 --> 00:06:01.327 in the driver's seat on AI. 136 00:06:01.327 --> 00:06:05.565 So from your perspective, what is real AI leadership require 137 00:06:05.565 --> 00:06:07.367 at the top of an organization? 138 00:06:08.701 --> 00:06:13.473 Yeah, I do agree with Dylan on this because, look, 139 00:06:13.473 --> 00:06:16.576 AI is extremely transformative technology. 140 00:06:16.576 --> 00:06:21.080 It's also extremely horizontal from 141 00:06:22.048 --> 00:06:26.252 operational optimization to delivering best product 142 00:06:26.252 --> 00:06:29.956 and customer experiences to business intelligence 143 00:06:29.956 --> 00:06:32.658 to optimizing daily work. 144 00:06:32.658 --> 00:06:35.428 AI it can play many roles. 145 00:06:35.428 --> 00:06:39.132 So for the top of the company, for CEOs, 146 00:06:39.132 --> 00:06:42.101 I think knowing this technology, 147 00:06:42.101 --> 00:06:45.905 knowing the strategic opportunities and risks 148 00:06:45.905 --> 00:06:47.573 of this technology 149 00:06:47.573 --> 00:06:50.543 and staying on top 150 00:06:50.543 --> 00:06:53.980 of this really rapid moving landscape 151 00:06:53.980 --> 00:06:56.783 is actually very critical at this moment. 152 00:06:56.783 --> 00:06:59.585 Thank you so much, Dylan Bolden and Dr. Fei-Fei Li. 153 00:06:59.585 --> 00:07:00.653 Thank you. Thank you.