Master Machine and Human Learning to Win the Digital Transformation Wars

The “Economies of Learning” are more powerful than the “Economies of Scale” This may be my most powerful concept (outside of the Schmarzo Economic Digital Asset Valuation Theorem and the Big Data Business Model Maturity Index) with respect to leveraging data and analytics as the catalyst for economic growth and value creation in the 21st century. In knowledge-based industries, the economies of learning are more powerful than the economies of scale. And soon, every industry will be a knowledge-based industry. With respect to mastering the “economies of learning”, organizations need to master both 1) machine and 2) human learning; that is, organizations need to empower both machine and human continuously-learning and adapting in order to reinvent operational models, dis-intermediate customer relationships and disrupt business models (see Figure 1).

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