Affiliation:
1. Pompeu Fabra University Barcelona Spain
2. Max Planck Institute for Innovation and Competition Munich Germany
3. INSEAD Fontainebleau France
Abstract
AbstractWe suggest that AI can help decision‐makers learn; specifically, that it can help them learn strategic interactions by serving as artificial training partners and thus help them to overcome a bottleneck of scarce human training partners. We present evidence from chess computers, the first widespread incarnation of AI. Leveraging the staggered diffusion of chess computers, we find that they did indeed help chess players improve by serving as a substitute for scarce human training partners. We also illustrate that chess computers were not a perfect substitute, as players training with them were not exposed to and thus did not learn to exploit idiosyncratic (“human”) mistakes. We discuss implications for research on learning, on AI in management and strategy, and on competitive advantage.
Subject
Strategy and Management,Business and International Management
Cited by
6 articles.
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