Paper Title
THE AI-POWERED BUSINESS ECOSYSTEM AND ITS ASSOCIATED BUSINESS MODELS.
Abstract
How the configuration of actors operating within the field of AI, as well as their positions, activities, and links lead
to the evolvement of an AI-based business ecosystem? and, how the emergence of an AI-based ecosystem shapes the
construction of a new generation of AI-driven business models? This study investigates this research inquiry exploring the
discourse of a set of multiple partners constituting the AI-based ecosystem including global executives, managers,
entrepreneurs, experts, along with scholars from a range of influential podcasts and international conferences on the topic of
AI in management. Based on this empirical data collection, we unravel a newly emerging ecosystem around AI and its
associated technologies, and uncover some of the explanatory processes for the construction of associated AI-driven business
models. We propose an empirically grounded framework which delineates the configuration of actors, positions, activities, and
links that characterize the evolving AI-business model, and unravel the role of this emerging business ecosystem in shaping the
construction of a new generation of AI-driven business models. We rely on the logic of ecosystems as the nature of our data
incorporates a set of multiple partners that jointly contribute to the materialization of the ecosystem’s focal value propositions.
We contribute to the global debate on the interplay of AI in management, with a particular focus on business ecosystems and
associated business models.
Keywords - Artificial Intelligence; AI-Powered; Business Ecosystems; Business Models.