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Me, Myself, and AI

Meet Your New Teammate, AI: Asana’s Saket Srivastava

17 Sep 2024 · 31m · Sam Ransbotham, Shervin Khodabandeh, Saket Srivastava · 17 quoted facts

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In brief

Asana CIO Saket Srivastava argues that AI is shifting from a tool that optimizes tasks to a teammate that takes on cognitive work, such as writing status reports and flagging risks. He says this works best when AI sits inside a platform that holds the company's full work context, and when leaders set a clear company-wide direction.

The episode's main tension is between AI's promise and organizations' readiness. Many leaders and employees are out of step, and one in four IT leaders felt they invested too early. Saket says the answer is to wade in, not wait. The hosts add that the CIO is becoming a business leader, and that AI teammates raise big workforce questions.}

Key insights

  1. AI is moving from tool to teammate

    Saket describes AI that drafts project status reports and recommends how to staff initiatives, with a human deciding whether to accept the output. Shervin says this is a shift from predictive tools to cognitive work such as writing, summarizing and scheduling.

  2. Context makes AI recommendations more useful

    Saket argues that a platform knowing priorities, resources and how people work together gives better advice than one that passes data to a language model. Asana calls its underlying structure the Work Graph data model.

  3. Leadership must set the AI direction

    Saket says nervousness about job impact creates a gap between leaders and staff. He argues that a leadership-set vision, built with input from employees and functions, is needed, because this cannot be only a technology effort.

  4. Waiting for a silver bullet is risky

    Saket rejects pausing proven predictive AI to wait for generative AI, and says people should tread shallow water rather than dive straight in. He warns the cost of sitting out could be becoming irrelevant.

  5. The CIO has become a business leader

    Saket says CIOs moved from the back room to the limelight, first through COVID-era remote work and now through AI strategy. Shervin adds that CIOs act almost like fiduciaries, choosing no-regret moves and avoiding tech debt from scattered tools.

Questions

What does it mean to call AI a teammate?

Saket Srivastava means AI built into a company's core workflows that does not just assist but acts for people, for example drafting project status reports. A human still decides whether to accept or change what it produces.

Why did some IT leaders feel they invested in AI too early?

Sam Ransbotham cited Asana's survey finding that one in four IT leaders felt this way. Saket said it follows the usual hype cycle, where results fall short of early hopes (the 'trough of disillusionment'), though he says leaders now see real promise.

How has the CIO's job changed?

Saket says CIOs used to sit in the back room and were called only when systems broke. Now, helped by COVID-era remote work and the AI wave, CEOs look to them to drive company strategy.

Should companies wait for generative AI to mature before acting?

Saket says no. He recommends starting in the shallow end rather than diving in, and warns that waiting could make a company irrelevant.

What is the Work Graph at Asana?

Saket describes it as the data model underlying Asana's platform, linking tasks, projects, portfolios and goals. He says it gives AI the context it needs to give better recommendations.

Facts

Stated by the speakers. Each quote matches the transcript, which shows what was said, not that it is true.

Asana says it serves over 150,000 customers worldwide, including 85% of the Fortune 100.

“We help over 150,000 customers globally. 85% of the Fortune hundred companies manage and automate everything from company level goal setting and tracking”

0:01:31 · Saket Srivastava · Customers

Asana's platform is built on an architecture it calls the Work Graph data model.

“the architecture on which our platform's built on, we call it the Work graph data model.”

0:03:28 · Saket Srivastava · Platform architecture

Asana runs a think tank called the Work Innovation Lab that brings industry and academia together.

“We've got a think tank, we call it Work Innovation Lab. It's a think tank that brings industry and academia together”

0:08:01 · Saket Srivastava · Research

Asana's Work Innovation Lab includes institutions such as Anthropic and OpenAI and publishes reports based on surveys and interviews.

“institutions like Anthropic and OpenAI. And through research, through surveys and interviews, we publish multiple reports”

0:08:01 · Saket Srivastava · Research

Asana's state of AI report found a disconnect between how leaders and their organizations think about AI.

“there's a state of AI report that we launched more recently, which showed that there is a disconnect in how leaders are thinking about AI”

0:08:01 · Saket Srivastava · AI survey · 2024

Asana's state of the IT leader report found that one in four people felt they were investing in AI too early.

“one of the things from your state of the IT leader report was that one in four people felt like they were investing in AI too early.”

0:11:02 · Sam Ransbotham · AI survey · 2024

Sam Ransbotham says earlier MIT SMR and BCG research found that companies placing AI functions under the CIO tended to underperform those organizing it at a higher level.

“In our research three years ago, we found that people who organized AI functions underneath the CIO tend to underperform places that organized it at a higher level.”

0:11:02 · Sam Ransbotham · AI organization · 2021

MIT Sloan Management Review and Boston Consulting Group have jointly researched and published on AI since 2017.

“Together, MIT Sloan Management Review and BCG have been researching and publishing on AI since 2017”

0:00:42 · Shervin Khodabandeh · Research history · 2017

Saket Srivastava says COVID raised the profile of CIOs because they had to make companies work remotely almost overnight.

“COVID put us into the limelight. We were responsible to make sure that overnight companies were now functioning effectively in a remote setup.”

0:10:31 · Saket Srivastava · CIO role · 2020

Saket Srivastava studied computer science at undergraduate and postgraduate level and began in technology services before moving to enterprise IT.

“I did my undergrad and postgrad in computer science, started working in technology, started with maybe more services, and then at some point in time pivoted to the enterprise side of IT.”

0:21:45 · Saket Srivastava · Career

Saket Srivastava's background includes roles at GE, IBM, Fujitsu and Square.

“I know you have a background at GE and IBM and Fujitsu and Square.”

0:21:34 · Sam Ransbotham · Career

Saket Srivastava recalls IT being called on mainly when things broke, such as missing shipments or finance being unable to close its books.

“The only times we were called upon was when there was some shipment that had gone missing, or finance was not able to close their books.”

0:22:20 · Saket Srivastava · IT history

Saket Srivastava describes Asana's AI teammates as AI integrated into core workflows that can take action on behalf of humans, not just assist.

“Think of any function and the kind of core workflows that they utilize, and how can AI not just assist, but also take action on behalf of humans in those core workflows.”

0:05:44 · Saket Srivastava · AI teammates

Saket Srivastava says program managers may spend a couple of hours a week per program writing status reports, which Asana's AI can automate.

“Just imagine if you're a program manager spending couple of hours a week on each program, writing those status reports that no one ends up reading.”

0:04:41 · Saket Srivastava · Status reports

Sam Ransbotham says he once worked for the Atomic Energy Agency, which shared information about mistakes in operating nuclear reactors.

“I used to work for the Atomic Energy Agency, and we wanted to share information about how people screwed up nuclear reactors”

0:16:35 · Sam Ransbotham · Host background

Shervin Khodabandeh says leading CIOs increasingly act almost as fiduciaries, deciding which technology moves to make now and which to wait on.

“A role I see a lot of CIOs play is become really almost a fiduciary in sort of figuring out in this soup of technology.”

0:26:39 · Shervin Khodabandeh · CIO role

MIT SMR and BCG run a LinkedIn group called AI for Leaders where listeners can interact with the show's creators and hosts.

“it's called AI for Leaders, and if you join us, you can chat with show creators and hosts, ask your own questions”

0:30:22 · Ad read · Listener community

Chapters

  1. 0:01:31What Asana does and the CIO's two jobs

    Saket explains Asana's scale and his dual role running internal technology and working with customers.

    “Asana is an enterprise work management platform. We help over 150,000 customers globally.”
  2. 0:04:41AI as a teammate in Asana's product

    Concrete examples show AI writing status reports, spotting risks and taking action in workflows.

    “think of AI as a program manager or a PMO person who's in charge of, say, writing status reports”
  3. 0:09:52The CIO's shift to business leader

    Saket and Shervin discuss how COVID and generative AI pulled CIOs out of the back office.

    “CIOs certainly are, I feel, more business leaders than technology leaders.”
  4. 0:11:40Hype, regret and the ambition gap

    The group examines why a quarter of IT leaders felt they invested too early and why leadership direction matters.

    “every CIO that I engage with would agree that there's great potential here.”
  5. 0:17:18Learning from the CIO community

    Saket explains how peer sharing helps CIOs avoid repeating others' failures.

    “This is where we learn without having to do everything and fail ourselves, right?”
  6. 0:22:41Saket's career path and rapid-fire round

    Saket recounts moving from back-end IT to an MBA and business leadership, then answers quick questions on AI.

    “I needed to be closer to the business. And that took me through an MBA program.”
  7. 0:29:50Hosts on CIOs and workforce implications

    Shervin and Sam reflect on CIOs avoiding tech debt and on how AI will reshape hiring over the next few years.

    “there is no future where generative AI is not playing a very significant role in all of those functions.”

Transcript

0:00:00
Sam Ransbotham

Stay tuned after today's episode as Shervin and I talk about the changing role of the CIO.

0:00:08
Shervin Khodabandeh

How would project management and collaboration be done in the future? Find out on today's episode.

0:00:17
Saket Srivastava

I'm Saket Srivastava from Asana, and you're listening to me, myself and AI.

0:00:23
Sam Ransbotham

Welcome to Me, Myself and AI, a podcast on artificial intelligence and business. Each episode, we introduce you to someone innovating with AI. I'm Sam Ransbotham, professor of analytics at Boston College. I'm also the AI and business strategy guest editor at MIT Sloan Management Review.

0:00:42
Shervin Khodabandeh

And I'm Shervin Khodabandeh, senior partner with BCG and one of the leaders of our AI business. Together, MIT Sloan Management Review and BCG have been researching and publishing on AI since 2017, interviewing hundreds of practitioners and surveying thousands of companies on what it takes to build and to deploy and scale AI capabilities and really transform the way organizations operate. Hi everyone, welcome to season ten of Me, myself and AI. Today, Sam and I are super happy to be joined by Saket Srivastava, Chief Information Officer at Asana.

0:01:22

Saket, welcome to the show. Thank you, Maybe I start by asking you to describe Asana as a company and then your role within that.

0:01:31
Saket Srivastava

absolutely, and nice to be here and great to meet you both. Asana is an enterprise work management platform. We help over 150,000 customers globally. 85% of the Fortune hundred companies manage and automate everything from company level goal setting and tracking, all of that work, execution, capacity planning, product launches, all on our platform. We believe that increasingly work is becoming more cross-functional, and cross-functional work, managing that is hard. Asana works towards bringing greater clarity and accountability on who is gonna do what by when, and then that really helps with greater predictability and better outcomes for the work.

0:02:20
Shervin Khodabandeh

And then your role within that as a chief information officer, I've gotta believe AI plays a significant role in what you do and what Asana does.

0:02:29
Saket Srivastava

Yes, the way I think of my role at Asana, there are really two parts to it. One is I lead the internal technology organization at, uh, Asana, get to work with some very talented people and teams. AI is a big charter of ours. At a company level, we have identified a goal which will move AI and the impact of AI for our workforce. I also spend a ton of time with customers, really looking to learn from customers, be an advocate for our platform, and also bring in the needs and the voice of our customers into our product and go to market strategy as well.

0:03:08
Shervin Khodabandeh

Wonderful. So AI has been around at some scale at over a decade now. But I would imagine, particularly in the last couple of years, with generative AI and all this sort of extra focus and buzz around it, what are you seeing in the marketplace and what is different now versus, let's say, five years ago?

0:03:28
Saket Srivastava

Asana started on AI very early on, I'd say closer to eight, ten years back, and the fundamentals of our platform, the architecture on which our platform's built on, we call it the Work graph data model. And it shows up as what we call a pyramid of clarity, really lends itself well to benefit from AI and generative AI. Obviously, over the last couple of years, in fact, not even two years, there's just been so much conversation and buzz around generative AI.

0:03:59

We felt that with the context that our platform carries around the work that customers manage through our platform, we are really well placed to leverage the gen AI movement and bring some real good wins for our customers. We thought about it from a principles first perspective on how does AI coexist with humans, and how do humans eventually take accountability for the decisions and think of AI as a teammate? If you will, we're starting to see our customers benefit from the AI launches that we are making in service of them.

0:04:37
Sam Ransbotham

Well, I'd love to hear some of those examples. What kind of AI initiatives are showing up in your products?

0:04:41
Saket Srivastava

It could, at the most fundamental level, be the tasks that contribute to the projects that contribute to the portfolios and initiatives and goals. And so this just going up and down the organization and across the organization. All of that context is what Asana carries for any customer. So with that context, think of AI as a program manager or a PMO person who's in charge of, say, writing status reports, and AI can automate all of that. Just imagine if you're a program manager spending couple of hours a week on each program, writing those status reports that no one ends up reading.

0:05:16

Perhaps all of that is is now automated, right? And then the AI can generate that for you. And then eventually, the human takes uh, a decision whether they want to modify it or they want to take it. That's just one example. Similarly, because we can track capacity management, we track all the important initiatives around that. Now, AI can also make recommendations on what are the risks that are ahead of us for the most important initiatives that we have.

0:05:44

How are we best placed to resource a particular initiative to help make sure that that initiative is going to be successful? On top of that, we think of AI as AI teammates, which is really about how does AI get integrated into the core workflows of a company? Think of any function and the kind of core workflows that they utilize, and how can AI not just assist, but also take action on behalf of humans in those core workflows.

0:06:13

So those are some of the things that we've done around our product from an AI perspective.

0:06:18
Shervin Khodabandeh

The theme I'm hearing, by which I'm quite enthused, is you're talking about AI as a coworker, as a teammate, as a pseudo person, and you're talking about it. Taking a fair amount of not just predictive work, which is what AI used to do, and it still does quite well, but really cognitive work. And, you know, Sam, contrasting this with, like, you know, how this conversation would have gone two, three years ago, is

0:06:47
Sam Ransbotham

We would have gone right down the graphs.

0:06:49
Shervin Khodabandeh

we have a lot of data. It's so much for any human to be able to understand it. We need to predict who will do what, when, et cetera. And I'm not saying those kinds of problems have gone away. I mean, they're quite relevant, and we need to calculate risks and probabilities and propensities and all that kind of stuff, which predictive AI does well. But this notion of AI, not just as a tool to optimize, but as a coworker, as a pseudo entity with which you can have conversations and adapt and get recommendations, and maybe even clarity, as you were talking about, that's actually, I think, is quite refreshing.

0:07:32

And, you know, Sam, we talked about this, I would say, in twenty two, back back with our report back then, where we were just suggesting that organizations should think of AI in terms of the roles it would play, not just what it would automate and how fast. But, you know, maybe AI as an illuminator or as a recommender. And and it's really refreshing to see how generative AI is making that possible, that AI is not just an optimizer, but also a coworker.

0:08:01
Saket Srivastava

That's so true, right? We've got a think tank, we call it Work Innovation Lab. It's a think tank that brings industry and academia together, and academia from Stanford, Harvard, NCIA, the top universities across the globe, and institutions like Anthropic and OpenAI. And through research, through surveys and interviews, we publish multiple reports, a couple that are relevant around this AI space. That really highlight the journey that every customer is sort of navigating at this point. And there's a state of AI report that we launched more recently, which showed that there is a disconnect in how leaders are thinking about AI and where the organization and their people are right.

0:08:43

And increasingly, people like me in in our customers, the CIOs and the IT leaders who've now been tasked to sort of make this journey happen. Take it to a place where companies are starting to truly benefit and see. It's no longer an experiment or no longer a tinkering project.

0:09:03
Shervin Khodabandeh

Well, anecdotally, I could share that in my work, at least over the last sort of ten years, I've seen a gradual evolution of CIO role from running IT services and IT processes to much more a sort of driving the company through innovation, being a partner to the business in terms of that. But I would assume you, maybe you've seen this in also your work and the report that probably, maybe even in the last couple of years, there's been really a an inflection point, even in what CIOs are being asked to do.

0:09:41

With all of this sort of new technology that's becoming so prevalent, and how to control it, how to de-risk it, how to get value from it, what are you seeing?

0:09:52
Saket Srivastava

A lot of my peers would totally agree with that that in the past, maybe ten, fifteen years back, IT and CIOs were maybe more in the back end, right in the back room, doing our own system stuff. But more recently, CIOs certainly are, I feel, more business leaders than technology leaders. Yes, absolutely, there's an important aspect of technology in everything that we do. But because we sit at such an interesting place within any organization, wherein we can see every function and what are their priorities, it's incumbent on us to be able to connect those dots so well.

0:10:31

And so, while in the past we might have been happy in our back office, in some ways, COVID put us into the limelight. We were responsible to make sure that overnight companies were now functioning effectively in a remote setup. And similarly, from this gen AI perspective as well, increasingly, CEOs are looking at CIOs to be driving this strategy. What's the vision? What is our strategy around AI, and how do we sort of go on this path?

0:10:57

And there's no other function than the CIO function to kind of drive this change.

0:11:02
Sam Ransbotham

Yeah, Shervin. In our research three years ago, we found that people who organized AI functions underneath the CIO tend to underperform places that organized it at a higher level. We should ask that question again, because I bet what you're saying is that some of that has changed over those years. Now, all this seems like a pressure to do AI things. But one of the things from your state of the IT leader report was that one in four people felt like they were investing in AI too early.

0:11:33

What's behind that? Everything I hear is, oh my gosh, oh my gosh, we got to do much more AI. What's the regret?

0:11:40
Saket Srivastava

I think it might be similar to some of the earlier cycles, wherein everything starts with this hype, and then people don't start seeing the results that they were hoping for. So it comes into that trough of disillusionment for a little bit. But across the board, I think at this stage, a year and a half or almost two years, every CIO that I engage with would agree that there's great potential here. But I think there's more realism into the conversation.

0:12:05

There's less of whether gen AI is real or not, whether it's a fad or whether it's not. We all realize that there's great promise in this. It's how do we go about this? How do we learn from what's happening around us? And then then create our own journey for our own companies to make the most out of it.

0:12:22
Shervin Khodabandeh

Yeah, and I think also part of this, and maybe part of that twenty five that are saying, maybe we went too soon and too fast, is the fact that this journey that you're talking about, Saket, is not just a technology journey, right? I mean, organizations have to change and have to adapt, and roles have to change. And going back to your comment earlier about, you know, AI as a teammate and a coworker, I think that's the big change, right?

0:12:48

Whereas in the past, if AI is going to be able to do risk scoring better, or propensity calculations better, or, you know, personalization of offers and optimization, those kinds of things better, then that just that is super precise, um, prediction or optimization. That basically allows better decision making and does that which humans cannot do, cannot do effectively. Now you're talking about AI and gen AI as a teammate and a coworker, which means I have a new apprentice next to me and I have to work with it.

0:13:27

And if if I work well with it, then my job will improve and the apprentice's job will improve too. Yeah, you know, Sam, this actually reminds me of our work back in 2019, which we talked about the producers of AI and the consumers of AI, right? And so the point back then was, look, part of the reason why I mean, this is five years ago, right? But, like, part of the reason companies aren't getting value is because the production and the consumption are not aligned.

0:13:58

Because, like, people make tools, and then the consumption of it requires a fair amount of process reengineering and training and change, and it doesn't happen. Back then, that consumption wasn't being done on mass, that consumption was by few people in the organization, super users, the inventory management group, or like the pricing team, but it wasn't every employee. And I think what Saket is saying is in today's paradigm, it is actually most employees. They will have some version of AI in their day-to-day life, whether it is to improve their own proficiency and effectiveness, or productivity on their daily activities, or even to come up with new ideas and innovation.

0:14:42

You said that there's a gap between, like, the ambition and reality. I would imagine that's also a cause for inaction, or maybe some level of paralysis as to like, well, what are we gonna do about all this?

0:14:53
Saket Srivastava

and that's where I think leadership has such an important role to play to guide direction and show the path, right? We certainly believe that the future is about people who will succeed, are people who are investing in learning AI as well. You can't just live under a rock and feel that this is something that's just going to pass by. For you to be relevant, you've got to know how this generational transformation and movement around gen AI.

0:15:18

How can this be relevant to the work, work that you do? How can this make you focus on things that are mundane and rote and repetitive that you can have an AI teammate do on your behalf? Whereas you can spend your time being more strategic, more thoughtful, building relationships and guiding AI to do the heavy lifting of the work as well. You can be a platform where you're taking large sets of data and then passing it to LLMs, and it's just giving you general advice.

0:15:48

Or when you think of a platform like Asana, which carries all the organizational context of work, it knows what are your priorities, it knows what are your resources, it knows what's the work and how people interact with each other. And when you have all of that context, the recommendations, obviously, that's coming back, or the actions that AI is going to take on your behalf are going to be a lot more compelling as well.

0:16:10
Sam Ransbotham

Shervin, I like the idea you're bringing up that, you know, in 2019, we thought about this consumption production. I think one thing that Saket's talking about is the diversity in the people consuming. You know, this survey was about trying to understand where individual people are. And, you know, if I look back on what we did before, maybe we were too too broad in saying, oh yeah, there's production and consumption, when in fact, there's lots of different types of consumption going on.

0:16:35

And it looks like the work that you're doing, Saket, is getting at where people are and where they need to be, and understanding that that's gosh, different for all sorts of people. Maybe I just switch a little bit here, you know, and go back in my life. I used to work for the Atomic Energy Agency, and we wanted to share information about how people screwed up nuclear reactors so that everybody wouldn't screw them up. That's a long-winded way of saying, you have other CIOs that you're working with.

0:17:02

And, Saket, one of the things I thought was most interesting about your story was how active you were in trying to work with other people and understand how other CIOs are learning, doing things right, doing things wrong. Tell us more about that. How does that work?

0:17:18
Saket Srivastava

Yeah, the CIO community is such a blessing for, I think, every CIO. It's a very tight-knit community. This is where we truly learn. This is where we learn without having to do everything and fail ourselves, right? You learn from others' experiences, whether we're across different industries, different sizes. There's a lot of similarity in the kind of problems and challenges as well, right? It's a community of peers who are always willing to share, because when you share, you learn through that as well.

0:17:48

So whether it's talking about, uh, what are some of the new platforms that people are looking at, what have been their experiences? It's a great way to learn and then bring those learnings into your organization so that your journey is just more impactful. And you're not having to go through the same gotchas and failures that some of the other people have. So I certainly tap into that a ton, hopefully contribute enough for others to benefit from it as well.

0:18:12

But that certainly is a blessing in my opinion.

0:18:15
Sam Ransbotham

In some sense, that's, I think, what we think about this show is, you know, we sure not think about, hey, what would everybody like to know? What are some people doing that other people can learn from? And it sounds like your CIO community is doing a lot of that.

0:18:28
Saket Srivastava

Oh, absolutely, and this is one of the things that I personally do a lot. Listen to a lot of podcasts. Because, yes, there's some communities that we have in our own geographies, wherein people actually still meet and talk through those problems. But yeah, listening to podcasts and learning from others is absolutely the way to go. There's just so much richness there.

0:18:47
Shervin Khodabandeh

I wanted to ask you your opinion. What do you think is the reason for the gap you talked about in the early part of the conversation, right? The gap between sort of ambition, aspiration and and reality, like, what's fundamental about that gap?

0:19:06
Saket Srivastava

I think in some ways, it's sort of expected. It's a new technology, not fully understood. There's some nervousness around what would this mean for individuals and people as well. So, while leadership sees this as a strong enabler of growth, there are individuals who might feel that their work might get impacted as well through this. So that's wherein having leadership lean in is just so much more important than letting people just do their own thing. So that's when I feel that having a strategy and a vision and a roadmap set by leadership and bring in the voice of your employees and your functions.

0:19:43

And it can't just be a technology movement, it's a company movement wherein, uh, you can really unleash this power when you're bringing the technology and the business and functions all together and co-creating this roadmap on what's the most impactful thing for the company.

0:20:00
Shervin Khodabandeh

Don't you feel that there is also a double-edged sword here? That is because there is so much hype around generative AI, a lot of it is true, and a lot of it isn't, or that a lot of other steps are taken or or needed to get to that value potential that people might be underestimating. But because of all of this, do you feel like some of the more garden variety use cases and opportunities with predictive AI?

0:20:33

That's been tried and true for for over a decade are also put on hold? Because people are saying, well, let's see, let's just wait, because maybe there's a silver bullet that's gonna come and, like, fix everything.

0:20:45
Saket Srivastava

I don't necessarily endorse with that mindset now. Obviously, there's gonna be some difference in the kind of industry you operate in and the regulation and everything around that, which will dictate your steps or your how much you can lean into generative AI. As I mentioned earlier on, and we'd all agree that we're still in the first innings, I certainly feel that this is not something wherein you can sit on the passenger seat or you can just hope that everything's gonna come into place one day and then we're gonna jump on.

0:21:15

It's an organizational movement in many ways, right? So while I would recommend that you don't straight away jump into the deep end of the pool, you should certainly tread the shallow waters, right?

0:21:26
Shervin Khodabandeh

because the learning curve isn't getting easier, the learning curve

0:21:29
Saket Srivastava

And actually, on top of that, the price could be that you might not be relevant.

0:21:34
Sam Ransbotham

Actually, I want to get a little bit of your background. I mean, how did you get interested in this? I know you have a background at GE and IBM and Fujitsu and Square. How did you get interested in all this?

0:21:45
Saket Srivastava

My journey was pretty straightforward. I did my undergrad and postgrad in computer science, started working in technology, started with maybe more services, and then at some point in time pivoted to the enterprise side of IT. One thing that kept disturbing me in my early days was how back-end was IT operating in, where IT was only being called upon when things were broken or not working. To me, it felt we were doing some very important stuff that acknowledgement of our work was certainly not there.

0:22:20

I think you'll all, perhaps it would resonate with you. The only times we were called upon was when there was some shipment that had gone missing, or finance was not able to close their books. Or, um, things around that, right, networks down and stuff like that, crowd strike, as it happened

0:22:34
Sam Ransbotham

Yeah, we're, yeah, we're. It's interesting you're saying this in the context. We're recording, right? This in the middle of the the CrowdStrike mess.

0:22:41
Saket Srivastava

exactly. So that gave me a lot of concern, felt that I needed to be closer to the business. And that took me through an MBA program. Not necessarily saying that anyone and everyone needs to do that, but for me, it was certainly important because that gave me a better appreciation for what the business is solving for. How could I, in my role, then connect the dots better across all of those business? Be looked at as a business leader who's able to guide and advise on strategy.

0:23:10

Then you have things that come in your way, especially with generative AI, where the business is really looking at the CIO and the IT leadership to guide the way. There's just so much noise that someone needs to guide through that noise for the rest of the organization.

0:23:27
Sam Ransbotham

Saket, we like to end our episodes with a series of rapid-fire questions. So these are intended to be just the first thing that comes to your mind. You can answer quickly, short answers are fine, preferred even. What do you see as the biggest opportunity for AI right now?

0:23:46
Saket Srivastava

to really make it more mainstream, have it become that teammate that we're talking about, be someone that a human can naturally look at as a a teammate and lean on for advice and for action.

0:24:00
Sam Ransbotham

What's the biggest misconception that people have about AI?

0:24:04
Saket Srivastava

That's gonna solve our problems. Wait, it's not And then we're going to be drinking beer and

0:24:09
Sam Ransbotham

watching the machines work.

0:24:10
Saket Srivastava

watching machines work.

0:24:12
Sam Ransbotham

What was the first career you wanted?

0:24:14
Saket Srivastava

Interesting. A doctor I want to be a doctor. I don't know why now, but I would have probably sucked at it. But I thought I wanted to be a doctor, and maybe it was my parents thinking that I wanted to be a doctor.

0:24:25
Sam Ransbotham

When do we have too much AI?

0:24:27
Saket Srivastava

I think we've gone past that hype cycle when everything seemed to be. There's a little bit of fatigue in my world of everyone just talking about AI. I think we've gone past it. It's what AI can do in service of humans is what I think where we are at this stage.

0:24:44
Sam Ransbotham

What's one thing you wish that AI could do that it can't currently do?

0:24:49
Saket Srivastava

More peace and more balance for humans. It certainly feels in my world, and I live in San Francisco Bay, in the heart of Silicon Valley, that we're all working real hard and doing some great work. Yet it's day after day, just work, work, work. How do we sort of find that balance? And that's the promise of AI. That's the most interesting piece, right? That AI can do things for you. And then, yeah, hopefully you don't just completely, uh, don't do anything, but do things that matter and use AI as a teammate, as an advisor, and make your lives better.

0:25:34
Sam Ransbotham

Hey, Shervin, it was pretty interesting talking to Saket. I mean, one thing he kept talking about was the evolving role of the CIO. I'm thinking back on the days of the mainframe printers with green screen computers and overnight reports. This is a very different world for a CIO from thirty, forty years ago, but even a different world from just two or three years ago, with the transition to remote work or whatever. You talk to a lot of CIOs, what are you seeing?

0:26:02
Shervin Khodabandeh

today, what I'm seeing in many companies is leading CIOs are taking a much more forceful and vocal ownership of the technology agenda, and they're doing this in a number of ways. One is with AI and now generative AI, they're becoming the leaders in the organization that helps everyone make sense of this, right? With the proliferation of all the tools and technologies and all that, and all of the safety and cybersecurity and responsible AI concerns that go around that, right?

0:26:39

That's one role we've seen CIOs play. But even thinking beyond that, I think what CIOs are increasingly doing and should be doing is taking the view of evolving technology landscape and helping align that with the corporate vision of the company and bringing all these things together. A role I see a lot of CIOs play is become really almost a fiduciary in sort of figuring out in this soup of technology. What are some of the no regret moves you make now, what do you wait for, and how do you still advance the business agenda without having a hundred different solutions in a hundred different places and a massive amount of tech debt that then down the line they need to bring

0:27:27

together?

0:27:29
Sam Ransbotham

Yeah, that seems like a huge problem, because, and I think we see that with the advent of generative too, that everybody is looking to do something, do something quickly, it's changing quickly. And if you're not careful, you get a dozen different standards that evolve over the last two years, and then suddenly you've got dozens of standards out there, and that that's not a standard.

0:27:49
Shervin Khodabandeh

Yeah, that's that's for sure. The other thing that resonated with me was how they're using AI and this notion of, you know, he called it a teammate in the context of the platform. And how AI and generative AI are working to take a fair amount of thinking and cognitive work load away from humans, right? Cause when I think about AI ten years ago, five years ago, even when we wrote our first paper together back in 2019, it was a tool.

0:28:24

It was a tool that would predict better or optimize better, and do things that humans could not do, right? I mean, the argument was billions of data points, all this complexity, all these variables.

0:28:34
Sam Ransbotham

Too much for people.

0:28:34
Shervin Khodabandeh

How in the world is a human able to do that? Enter AI can do it. That's still going on, and that's still very valuable. We're now talking about, and that's what Saket was talking about, and we're seeing this theme come up in a lot of our conversations. Is that, look, AI is actually beginning to do that which humans are doing as well, or sometimes better. And that is some things with reasoning, some things with scheduling and organizing, some things with just cognitive functions in terms of writing and summarizing and editing and those kinds of things.

0:29:10

And of course, that's great. It's still a tool, but the profound implications on workforce, if you think about it, like three, four, five years from now, what skills are you gonna need to hire, how many, and for what kind of roles, and how would those roles evolve? I I think that's a profound decision that many companies are beginning to tackle and across all functions, right? Like whether it's customer servicing or marketing or underwriting or whatever. It's, of course, a question of, okay, how can AI help you do stuff better and with more accuracy and more efficiency?

0:29:50

But then if you fast forward three, four, five years from now, there is no future where generative AI is not playing a very significant role in all of those functions. So then who do you hire, how many, in what roles, and how does the nature of work change? Next time, we'll speak with Alessandra Sala, Senior Director of Artificial Intelligence and Data Science at Shutterstock. Please join us.

0:30:22
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Thanks for listening to me, myself and AI. We believe, like you, that the conversation about AI implementation doesn't start and stop with this podcast. That's why we've created a group on LinkedIn specifically for listeners like you. It's called AI for Leaders, and if you join us, you can chat with show creators and hosts, ask your own questions, share your insights, and gain access to valuable resources about AI implementation from MIT Sloan Management Review and BCG. You can access it by visiting MIT Sloan Management Review dot com forward slash AI for leaders.

0:30:53

We'll put that link in the show notes, and we hope to see you there.