Page 46 - Plastics News Issue September2025
P. 46

FEATURE NEWS








          sist in idea evaluation, support idea refinement      The authors found AI to be less helpful as a tool
          and facilitate collaboration among users.”            for making incremental innovations or making
                                                                small improvements to existing products. And
          The article illustrates, with generated images        they found that AI “is almost no help at all for
          and generated narrative, how these AI tools can       radical innovation.”
          take in a simple prompt and output a wide, un-
          expected variety of new possibilities. The tools      The authors pose four questions to help compa-
          also are valuable for their ability to create sur-    nies decide if AI can be helpful to them in their
          prising output by combining images or rework-         innovation efforts:
          ing passages of text. And AI can be asked to
          evaluate ideas, for example, to assess the nov-       ♦   Are you a fast follower? Using AI can help
          elty, feasibility or impact of an idea. “Generative       improve upon existing products and cre-
          AI’s greatest potential is not replacing humans;”         ate new products by recombining elements
          write  the Harvard Business  Review authors,  “it         from prior successes. Advanced data capa-
          is to assist humans in their individual and collec-       bilities will likely help, as a company can use
          tive efforts to create hitherto unimaginable solu-        AI to amplify existing abilities in a new way.
          tions.”                                               ♦   Are you struggling with a deluge  of data?
                                                                    While many researchers have deep exper-
          2.  Artificial Intelligence Can Supercharge
             Data Analysis and Product/Service Innova-              tise in one or two areas, emerging data tech-
             tion                                                   nologies can help find technology elements
                                                                    from wide and distant fields. Broad synthesis
          Artificial intelligence is not a fix for every prob-      is  critical  for  these  firms  to  combine  these
          lem; it is a tool that should be applied where it         technologies to solve problems in their own
          is most suitable. In “Can AI Help Your Company            domain.
          Innovate? It Depends,” 3 Authors Lynn Wu and          ♦   Are you overwhelmed with choices? To suc-
          Sam Ransbotham, discuss their research into               ceed, a company needs to invest in AI pro-
          how companies use AI for innovation and their             jects that support recombination and hire AI
          finding that success in implementing AI depends           talents to assess those suggested combina-
          upon how AI is used. “We researched how com-              tions. Companies  don’t  need to retrain  or
          panies are using AI for innovation and found              hire scientists with AI skills, but do need to
          that tools are just tools – success depends on            hire AI talents to support scientific efforts.
          how organizations use these new tools now at
          their disposal,” the authors write. “The results of   ♦   Do you depend on radical innovation? Using
          these studies suggest that firms that have his-           AI won’t likely directly benefit innovation ef-
          torically focused on specific types of innovation         forts. However, using AI can lead to great-
          – process innovation and innovation by diverse            er follow-up projects once a company has
          recombination, in which companies combine                 made that radical first step.3. AI Can Improve
          a  wide  variety  of  technology  elements  in  new       Operations
          ways – may benefit most from using advanced
          data capabilities of machine learning and AI.”        While AI is a go-to tool for creating new content,


             46   PLASTICS NEWS                                                                   September 2025
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