If you’ve ever worked in a restaurant, chances are you needed to have a working knowledge of the menu, and maybe even had to rattle off that day’s specials.
What if you had to be able to accurately relay information on every possible meal and drink combination, as well as prices and sourcing details for every ingredient—all off the top of your head? No matter how good the tips are, at a certain point that just wouldn’t be possible.
Of course, no such restaurant employee exists today. But at some point in the future, consumers may demand this database-level knowledge, and they’ll expect it to be comprehensively and immediately available.
For a vision of the future, imagine visiting the Barclay Center and being able to communicate with a virtual concierge that can help you buy tickets, find your seats, give you the starting lineup, help you place bets, sell you a fan NFT, direct you to the shortest food line with snacks that meet your kids’ food allergy requirements, and show you the quickest way out of the arena. That’s a lot to ask of an usher, but it’s where much of the consumer-facing business world is headed.
Indeed, this is just one example of how an AI-powered virtual assistant could service customers in ways that would be impossible for a human. It illustrates how the impending AI revolution doesn’t just promise to eliminate cumbersome administrative tasks or reduce repetitive work; it will also likely lead to the creation of entirely new functions.
Get ready for the future AI org chart.
The concept of the organization chart dates back to 1885. Every decade or two, org charts tend to get revamped when a new category emerges that warrants a new breed of expert. (Think of the “Chief Digital Officer,” which started becoming commonplace about a decade ago).
We’re seeing another evolution of the org chart today as virtual worlds and digital assets suddenly become huge businesses. NFT experts are starting to secure a place on company org charts, for example.
But as the metaverse becomes a tangible reality, the need for new talent and responsibilities will far exceed what a few well-trained humans can provide. Given that 76% of US consumer marketing executives plan to invest in the metaverse in 2022, it appears to be a matter of when, not if, it will reach scale. Therefore, whether you’re a CEO, CFO, or COO, you need to get a move on securing the right talent now. And you need to be aware that much of that talent will be AI-based.
Here are five key considerations for business leaders to start preparing for an AI-centric org chart:
Clearly, there’s a lot to think through here, and it may take some time to wrap your head around the idea of staffing entirely new functions with virtual assistants. But the leaders who get out in front of this massive sea change will be far better equipped to not only handle it but also steer their companies toward new revenue streams and eke out a considerable competitive advantage.
The AI revolution is coming. The time to start prepping is now.