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Make AI Your Ally: Editorial

Artificial Intelligence
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Artificial Intelligence has a potentially disruptive impact on organizations, firms, and society at large. The latest mind-boggling illustration came with the discovery of chatGPT’s mesmerizing results in November 2022. This followed a fall of investments in AI last year in Silicon Valley. From analyzing data in one’s business to increasing customer engagement and replacing humans in routine tasks across industries, AI is becoming more relevant to our lives and economy every day. Everyone talks about it, but do we really understand its opportunities and threats? And how can we make the best out of it, whilst ensuring that ethical requirements are met?

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To be a leading actor in the AI revolution, HEC Paris is active on two fronts: on the teaching side, we have set up with École Polytechnique, the MSc Data Science for Business, which is ranked third in the world. Other programs at HEC also feature a growing number of classes on coding, data science, and on the strategic value of data in companies.

On the research front, HEC Paris has joined forces with the the Institut Polytechnique de Paris and Inria to create the Hi! PARIS Center. The Center conducts multidisciplinary research on AI and its applications to business and society, and develops groundbreaking education programs on these topics. The ambition of this newly-opened center is to become a world-class hub and a destination of choice for students and faculty. It seeks to guarantee that AI and data empower business and society, providing essential resources for companies and laboratories, both public and private, and strengthening France and Europe’s leadership positions.

In this In-Depth special, you can find the latest key findings by HEC Paris researchers, including the Hi! PARIS Center’s chair holders and fellows, from the various disciplines ranging from Economics and Decision Sciences to Finance, Accounting and Management Control, Information Systems and Operations Management, Human Resources, and Marketing.

The researchers unveil techniques and opportunities offered by complex systems, but also warn about the consequences engendered by a lack of understanding and regulation. While they are very diverse in terms of topics, HEC research studies on AI share the common goal of combining academic excellence and relevance for companies and society at large. A must-read!
 

Editors: Nicolas Vieille, HEC Paris Professor of Economics and Decision Sciences and Scientific Co-Director of the Hi! PARIS Center, Christophe Pérignon, Associate Dean for Research and Professor of Finance at HEC Paris, and member of the executive committee of the Hi! PARIS Center, and Céline Bonnet-Laquitaine, Communication & Edition Project Manager for the Faculty & Research at HEC Paris.

 

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