John Chambers, former CEO of Cisco, emphasizes the need for leaders to reinvent themselves every year in the age of AI. He argues that refreshing company strategies every two to three years is outdated, as the rapid pace of technological change, akin to 'internet terms', demands more agility. AI's influence is already reshaping industries, with significant changes in hiring and skills requirements expected. Chambers illustrates his point with examples, showing how embracing AI can lead to substantial organizational improvements and competitive advantages.
"Most leaders do not reinvent themselves. As a leader in AI, you have to reinvent yourself, in my opinion, every year."
"AI is moving in 'internet terms' at 'five times the speed' and delivering 'three times the results.'"
"The lack of change just means you're not getting the leverage out of it, you're chasing the new shiny object."
"By 2030, 70% of the skills required for most jobs will change due to AI."
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