December 2024 Edition: Preparing for the AI Revolution

The December 2024 Detroiter focuses on how businesses can prepare for the AI revolution. It is truer than ever that economic prosperity and population growth are dependent on our state, companies, and residents keeping pace with technology’s rapid development. Read the edition to learn how businesses can and should harness this evolution.

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Lean Into Mobility AI and Future-proof the Detroit Region’s Economy

By Bernard Swiecki and Naseeb Souweidane

The mobility sector is in the midst of a historic transformation driven by electrification and automation that provides the Detroit Region with a unique opportunity to benefit from the application of AI. Read more.

Aaron Aboagye headshot

AI and a New Era of Manufacturing? Believe the Hype

Q&A with McKinsey & Company’s Aaron Aboagye.

“By 2030, we’ve estimated that up to 30% of current hours worked could be automated. This automation is driven by emerging AI-enabled technologies in robotics, predictive maintenance, dynamic scheduling, quality resolution, and new product design, among others. We’re at dawn of a new era, which will require thoughtful management.” Read more.

– Aaron Aboagye, Detroit Office Managing Partner, McKinsey & Company

sandy baruah

From the President: With Innovation, Speed is a Competitive Advantage and a Necessity

Speed wins. It is true in sports, yet equally true in economic development. There is an old adage that organizations need to move at the “speed of business.” Today, businesses, nations, and states need to move at the speed of innovation – which is moving at an exponential rate.

While society and economies are always evolving, the speed in which technology is advancing is outstripping policymakers’ ability to keep up, but also presents a growing pressure point for individuals. To put this in perspective, it took 50 years between the invention of the telephone and mass adoption. For the internet, it was 20 years. For the internet, it was 20 years. For the iPhone, less than five years. Artificial intelligence (AI) is moving even faster. While technology speeds up, our ability as humans to process change has not increased commensurately – evolution does not work that fast…Read More.

About the Detroiter Magazine

The Detroiter magazine is published by the Detroit Regional Chamber and pushes the boundaries when it comes to business news. It delivers timely content that raises thought-provoking questions in order to advance business and the Detroit Region to attain a healthy, competitive, and sustainable future.

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