Anthropic · S&P 500 · Fortune Technology
Cognizant CEO says AI is remaking middle managers into player-coaches who can ‘both executive and develop others’
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AI is forcing them to reimagine how they hire, manage, lead and structure their organizations.
Key facts
- A Conference Board survey of 141 chief executives found sentiment dropped from a score of 59 in Q1 to 47 in Q2, with readings below 50 signaling that pessimists outnumber optimists
- Anthropic filed an S-1 confidentially on Monday, a week after raising a Series H round that valued the company at nearly $1 trillion
- Buffett says Abel ‘has launched’ with his first big Berkshire deal: an $8.5 billion housing bet by Eva Roytburg
- CEO Daily is curated and edited by Joseph Abrams, Jason Ma, Claire Zillman, and Lee Clifford
Summary
In today’s CEO Daily: Diane Brady talks with Ravi Kumar S. about the broad impact of AI. The markets: Mixed globally, with European markets staging a rebound. Good morning from Scottsdale, where they are on Day 2 of the Fortune COO Summit. (Follow along on their livestream.) These are the leaders who drive transformation and are often tapped to take over, making up nearly one-third of 234 CEO appointments among the S&P 500 over the past five years, according to BCG. But the reporter want to focus on some insights from Cognizant CEO Ravi Kumar S. He thinks deeply about the broad impact of AI and how it will change not his company but business and society. Macro delegate and micro steer: “This is a tectonic shift where the technology is in the hands of the users. You decide the things you do yourself and the things you outsource to an AI agent, who will be yours.