9-06 Accountability ecosystem - Measure Cost Consequence

9-06 Accountability ecosystem - Measure Cost Consequence

Here are 5 key points summarized from the transcript:
1. I discuss issues with corporate accountability, referencing problems with a company called Gensol Engineering Ltd. as posted by Sridhar Ramachandran.
2. I refer to AI system Copilot that provided a complimentary response to my previous work on corporate accountability frameworks.
3. Major tech companies and investors like SoftBank are investing heavily in AI, but I caution about potential losses.
4. I emphasize the importance of "cost consequence" in investment decisions, particularly for AI investments in companies that may not be ready to implement the technology.
5. I introduce the concept of "Inactivity Based Cost Management" (IBCM), which focuses on measuring the cost consequences of inactivity rather than just the costs of activities

Okay, we have Agentic AI, we have OpenAI, Google, Meta, Amazon, any number of people and guys like SoftBank who have a lot of experience in investment is ready to invest about $500 billion in AI. So they can afford to do that because they have a good experience of losing a lot of money. Also you will lose money if Agentic AI, or Google or OpenAI are not able to get the things done in the investee company. If the investee company is not ready, almost all companies are not ready to take your OpenAI amazing work which you can do. The investor assurance is not there.

OpenAI or any AI, hats off to you, you are doing a great job.

But don't invest in wrong companies and there are no right companies at the moment, so better be careful about it.

Investor Assurance: Make sure Deal Rooms and big4-6 firms market the hashtag#AI products after an SOS Governance DD. Remember Microsoft-Nokia or HP-Autonomy write-offs, the Investors would have to take the blame.