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Article 13: When Internal Collaboration is Bad for Your Company includes the following topics: Overestimating the return Ignoring opportunity costs Underestimating collaboration costs Estimate the

Article 13: "When Internal Collaboration is Bad for Your Company" includes the following topics:

  • Overestimating the return
  • Ignoring opportunity costs
  • Underestimating collaboration costs
  • Estimate the collaboration premium
  • Avoid collaboration that destroys value for the organization
  • The key to success is identifying "real opportunities" where collaboration can impact an organization's performance.

Wall Street Journal: "What Is ChatGPT? What to Know About the AI Chatbot," Link: https://www.wsj.com/articles/chatgpt-ai-chatbot-app-explained-11675865177?mod=series_chatgptaiLinks to an external site.

Wall Street Journal: "A Guide to Collaborating With ChatGPT for Work," Link: https://www.wsj.com/articles/how-use-chatgpt-work-fe337d4eLinks to an external site.

Please review the assigned materials before answering the questions below.

Questions: ---------------------------------------------------------------------------------

  1. Please refer to the Wall Street article titled "A Guide to Collaborating With ChatGPT for Work." Discuss the potential opportunities and challenges of using ChatGPT in your current or expected future job.
  2. Describe how AI can be used to create or prevent bad collaboration for organizations in the future.
  3. Please provide an insightful question about the collaboration premium for new product development. Why is this an important question?

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