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Supremacy: AI, ChatGPT and the Race That Will Change the World by Parmy Olson (Macmillan Business) has been crowned Business Book of the Year 2024 by the judging panel chaired by Roula Khalaf.
The award is in its 20th year and each year it recognises a book that provides the “most compelling and enjoyable insight into modern business issues”. Supremacy follows the behind-the-scenes story of the personal and commercial battle to establish dominance in artificial intelligence.
The winner of the Financial Times and Schroders Business Book of the Year Award was announced on 9th December at a ceremony at The Peninsula London, hosted by Financial Times editor Roula Khalaf, Schroders group chief executive Peter Harrison, and Nikkei Inc managing director for global business Daisuke Arakawa. The keynote speaker at the event was Sharon White, John Lewis Partnership’s former chair.
Supremacy saw off competition from a shortlist of titles covering topics ranging from the quest to achieve better economic growth, the purpose of technology, the evolution of the corporation, and the impact of tribal instincts and improving longevity. Olson will receive a prize of £30,000 and the five runners-up will be awarded £10,000.
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Khalaf said: “[Demis] Hassabis and Sam Altman are two of today’s most influential entrepreneurs. In her deeply reported account, Parmy Olson brilliantly frames the development of artificial intelligence as a thrilling race to master the technology, build a business and dominate the technological future.”
Harrison said: “This was an evenly matched shortlist of very high quality but Supremacy is a timely and compelling winner, which provides deep insights into the defining technology of our age that are impossible to find elsewhere.”