Renaud Champion, AIM Executive Director, explains the idea behind the AIM Institute: “AI is already changing the way we live and work. It’s having a profound effect on every area of business—from work and human resources, to governance and even business models. The AIM Institute will explore what impact AI is having and produce a rich seam of knowledge and applied solutions—on an unprecedented scale—to help business leaders navigate through these turbulent times.”

The AIM Institute has three priorities: Research, innovation and dissemination.  Research is the foundation of the institute’s work, carried out by two social science research centers: The first, The AIM Research Center for Work and Organisation directed by Professor Ruthanne Huising, examines the implications of AI for work, labor markets, and organisational design and governance ((http://aim.em-lyon.com/work-governance/).

Professor Ruthanne Huising, AIM Research Director, explains: “There are many predictions about how AI will change the way we work and organise but relatively few empirical studies. The goal of the AIM Research Center is to support grounded, empirical studies of the way technology is changing, what it means to work and the way work is organised, done, and rewarded. Around any restructuring of work, we want to understand the implications for organising and governing.”

The second, directed by Professor Margherita Pagani, examines how AI is affecting value creation and fostering the emergence of new business models (http://aim.em-lyon.com/value-creation/).

Professor Margherita Pagani, AIM Research Director, outlines: “The researchers involved in the AIM Research Center on AI in Value Creation want to analyse the impact of AI on a broad range of business and management subjects and offer guidance to organisations on how to use AI for sustainable value creation”

The two centres will initiate and support research that addresses real-world issues facing organisations. The Research Centers are governed by a Scientific Committee made up of leading academics from Stanford, EPFL, UT Austin, VU Amsterdam, Florida State University and University of Southern California.

Innovation is the process of turning research into practical solutions and applications for teaching, learning and business. The institute, working in symbiosis with EMYLON business school, will build on its research work to develop training modules and qualifications that will be embedded in the school’s curriculum.

The institute will also systematically explore ways to transfer the fruits of its research to the world of business. Renaud Champion adds: “For every research project, we consider whether the work has the potential to contribute to our understanding of how organisations and institutions can take meaningful and responsible advantage of AI. When we encounter projects that have concrete business applications, we might develop patentable models that could be coded and used to develop an application that a partner business might find useful. Or, we may explore the possibility of launching and supporting a start-up to exploit this innovation.”