Sustain AI Planet

Ep 04: The Broad Potential of AI With Kia Javanmardian, Senior Partner at McKinsey & Company

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In this episode of the Sustain AI Planet podcast, we dive into the high-stakes world of climate change, insurance, and analytics with Kia Javanmardian, a senior partner at McKinsey & Company. Kia sheds light on the role of AI in addressing the challenges of climate risk and sustainability, emphasizing the need for data-driven decision-making and collective action. We also discuss ways that we already interact with artificial intelligence in real life, from social media to our hobbies and sports.  It’s a great conversation about how deeply analytics are a part of our lives today and how they can be used to help us find and harness opportunity and avoid threats.

 

In this episode we discuss several concepts including:

  • Climate Change and Insurance: Kia explains how climate change impacts the insurance industry, with more frequent and severe events like wildfires and flooding. He highlights the exponential increase in climate risks and the importance of understanding their implications through analytics and AI.
  • AI and McKinsey: As a consulting firm, McKinsey helps clients harness the power of AI to drive their missions, improve customer service, and create innovative solutions. Kia discusses the role of analytics in solving complex problems and making informed business decisions.
  • Climate Challenges: Kia emphasizes the immense challenge posed by climate change and its potential consequences. He shares the example of the wet bulb effect, where extreme temperature and humidity can be fatal. Understanding and addressing climate risks requires collective action and leveraging AI and analytics to protect millions of lives.
  • AI in Different Contexts: The conversation touches on the versatility of AI and how it can be applied across various industries. Kia illustrates this with examples ranging from Formula One racing to insurance and climate risk analysis, showcasing the transferability of AI principles.
  • Analytics as a Service: Kia delves into the concept of analytics as a service, where companies provide tools, algorithms, and intellectual property to clients. By utilizing these services, organizations can make data-driven decisions without building everything from scratch, accelerating progress and maximizing resources.

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    #Sustainability #ArtificialIntelligence #ClimateChange #DataAnalytics #CollectiveAction

     

    Quotes

     

    • "Increasingly frequent and severe climate events pose significant risks to our world. Understanding the implications and taking collective action to address climate and sustainability will be the biggest challenge of our time." (00:05:46 | Kia Javanmardian) 
  • "It's always cool to see where some of the innovation takes place and then what the application can be throughout different contexts." (00:07:21 | Kia Javanmardian)
  • "When you build (tech) as a service, what you're doing is you're giving smaller companies, typically, or companies that can't build it on their own, kind of the machinery to pump their stuff through so they can understand what's going on." (00:07:45 | Kia Javanmardian) 




    • Links

    Connect with Kia Javanmardian:

    Website: https://www.mckinsey.com/our-people/kia-javanmardian

     

    Connect with Dylan:

    Website: https://www.sustainaiplanet.com



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    Sustain AI PlanetBy Dylan Singla