With the rapid advancement of AI in business and management, are traditional MBA roles at risk of being replaced or significantly impacted by AI technologies in the coming years?
Lets take the role of a Consultant Manager who has the following responsibilities:
Developing Marketing Strategies: Can be easily done using AI when the context is set, it takes some info but can be done in days (one time exercise)
Creating Marketing Plans: Easy for an AI Gen tool.
Managing Campaigns: Best outcome with AI
Brand Management: Easy , with pros and cons
Client Relationship Management: when the client is a person a person will be preferred.
Team Leadership and Collaboration: Person preferred but this role is AI capable if the workforce is mostly bots, then Collaboration is a child’s play
Market Analysis and Reporting: Best with AI as the world will be more digital with everything having a digital imprint.
Continuous Learning and Development: Best with AI.
Compliance and Ethical Practices: It knows all Policies in and out
Anyone can ask AI for the above case and can do that in 3 seconds.
The point being, AI is a scary force and we humans are yet to know its reach and its impact.
It has not yet unfolded but 10 years from now, things will surely be different