Download This PaperAI and Business Model Innovation: Leveraging the AI Feedback Loop
8 Pages Posted: 8 Apr 2020
Date Written: November 19, 2019
Abstract
The article analyzes the effects of Artificial Intelligence (AI) on Business Model Innovation. It shows that AI enables key strategic feedback loops that constitute the core structure of a business model. The article provides a framework and discusses implications for managers and entrepreneurs who seek to leverage the AI feedback loop.
Keywords: AI, AI strategy, Network Effects, Platforms, Business Model, Business Model Innovation, Data, Dynamic Complexity, Feedback Loop
JEL Classification: M10, M13, M15
Suggested Citation: Suggested Citation
Katsamakas, Evangelos and Pavlov, Oleg V., AI and Business Model Innovation: Leveraging the AI Feedback Loop (November 19, 2019). Available at SSRN: https://ssrn.com/abstract=3554286 or http://dx.doi.org/10.2139/ssrn.3554286
Evangelos Katsamakas (Contact Author)
Gabelli School of Business, Fordham University ( email )
140 West 62nd Street
New York, NY 10023
United States
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