
Among my peers at Supply Velocity, and in spite of my engineering background, I am the least technical, so one may think I am the worst choice to write an article about AI. But, as the “Old Guy” with over 45 years of work experience, I would like to offer a unique historical perspective of how innovations enter our world, how they become the new normal, and what that might mean with AI.
For fun, let’s take a quick dive into my history with technology:
My firsthand experience began when I was in middle school and my father introduced me to the calculator. I was astonished by how fast I could multiply and divide large numbers almost instantly.
While attending Syracuse University (SU) for my electrical engineering (EE) degree, calculators were then prevalent. However, one of my professors required us to learn the use of the slide rule, just in case calculators were suddenly unavailable.
My first exposure to computers occurred at SU with an IBM 360 mainframe with CRT terminals scattered across the campus for student access. We wasted many pages of paper playing games and communicating via typed messages to my buddies on the other side of the campus. Amazing!
As an EE student, I learned about integrated circuit boards and semiconductors from professors at the leading edge of this new technology. Around the same time, Apple released its first personal computer and it opened up a whole new world. My roommates and I applied our EE education and designed a wire-wrapped interface card to allow the computer to power on or off, a 120-volt device. We worked two summers for a small local automation company that used our card and paid us to write the programming to deploy Apple computers to automate black top production plants.
While working for DuPont, interoffice mail was a manual effort (type, print, copy, insert into office mail slots, delivered by cart twice each day) that took 24 to 48 hours to type and circulate. Within 2 years, IBM’s desktop computers were provided with 10-megabyte hard drives and ethernet connectivity within the office. Inner office memos were issue via an intranet platform within minutes. Soon it became possible to issue communications to other DuPont sites. We also began using specialized computers known then as programmable controllers to operate the chemical plant by operating valves and controlling early robotic arms with sensors.
Technology rocketed after that! The internet emerged, dial up computing via modems allowed new access to emails, stock trading, and much more. Cell phones and iPads, made way for the Dot.com period that was beginning to challenge conventional “bricks and mortar” businesses and provided the skeletal structure that has led to many of today’s innovations by leveraging improving technologies around memory, batteries, miniaturization, super conductivity, cheap power and mobility. Enter cloud computing and data storage, nearly unlimited access to data and global access to create the ideal conditions for Artificial Intelligence (AI), Alexa, ChatGPT, enhanced robotics, self-driving cars, etc.
It feels like I lived through a lot of exciting innovation in my lifetime, but I find myself quite awestruck about what AI might mean for our future and how fast it is unfolding. Humble beginnings can eventually yield remarkable breakthroughs. Atari’s video game Pong eventually led to today’s games with sophisticated computer-generated images. Early crude robotics were the seeds of today’s advanced humanoid robots such as those recently showcased on CBS 60 minutes in operation at Boston Dynamics, embedded with machine learning, amazing capabilities and very soon ready for widescale deployment.
The speed of innovation transformation is happening faster and faster, which is both exciting and scary, as innovations become more dramatic and life changing. Having observed some of the negative impact social media, video games and cell phones had on children and young adults over a 10 year period, it’s clear we were generally not prepared to manage the downside risks. As AI innovation accelerates, I fear many will not be ready for the negative side effects.
Early study and measured adoption is important but is not without risks. Many early adopters get it wrong, while a critical few emerge with a new paradigm for domination. Failure to adopt can easily result in the beginning of the end.
Sears, Radio Shack, and Circuit City were all market leaders in their day but failed to adapt to online commerce driven by Amazon and Walmart. When Video Cassette Recorders (VCRs) came out, many thought the movie theater industry was going to crash but it didn’t. It also survived HBO and streaming services, but the VCR industry was replaced, and today’s movie theaters have had to transform their customer experience.
From this “Old Guy’s” perspective, what are my thoughts regarding AI?
- AI will dwarf past innovation in its impact on our lives and businesses
- AI will roll out fast
- Businesses that don’t make AI adoption a core part of their R&D will struggle
- AI will provide many great benefits, but it will also have serious risks and some people, jobs, roles, etc., will not cope well; this is not a one and done statement, and conditions may shift positively and negatively over time; some jobs go away while new jobs emerge…
- Governments, companies and/or personnel who control AI will control much of the world
- As AI BOTs gain universal access to data, their ability to provide superior medical diagnosis, call center transactions, strategic analysis on markets, economies, business sectors or governmental will become invaluable
- As robotic designs improve linked with AI via cloud services, many human labor segments will be replaced; sooner than you will believe, humanoid robots will be able to perform most all physical activities humans can, but they will be stronger, more durable and faster.
Companies need to actively strategize how they can leverage AI. Our consulting firm is learning to leverage AI for data organization and analysis, transcription services, editing, brainstorming, baselining and education, to name a few areas.
To write this article, I purposely didn’t use AI for the initial drafts. After completing the article, I utilized AI for some final thoughts.
I asked ChatGPT to summarize my article into a single paragraph:
Based on decades of experience with past technological revolutions, the author argues that AI will surpass all previous innovations in speed and impact, reshaping businesses, jobs, and society. While AI offers powerful benefits in analysis, automation, and decision-making, it also brings significant risks, including job displacement and concentrated control. History shows that organizations that fail to adapt will struggle, making thoughtful and proactive AI adoption essential.
And below is AI’s self-perspective on AI Pros and Cons:
Pros of AI
1. Productivity & Efficiency
AI automates repetitive and time-consuming tasks, allowing people to focus on higher-value work. This boosts output across industries like manufacturing, finance, healthcare, and services.
2. Better Decision-Making
By analyzing massive volumes of data quickly, AI can uncover patterns and insights humans often miss—improving forecasting, risk assessment, and strategic planning.
3. Improved Healthcare
AI enhances medical imaging, diagnostics, drug discovery, patient monitoring, and administrative efficiency, often increasing accuracy and reducing costs.
4. Cost Reduction & Scalability
Once deployed, AI systems can scale rapidly with relatively low marginal cost, enabling 24/7 operations in areas like customer service, logistics, and quality control.
5. Innovation & New Capabilities
AI enables things that were previously impractical or impossible—self-driving systems, advanced robotics, real-time language translation, and generative content creation.
6. Consistency & Accuracy
AI performs tasks consistently without fatigue, which is critical in quality inspection, compliance monitoring, and process control.
Cons of AI
1. Job Displacement & Workforce Disruption
Many roles—especially routine cognitive or physical jobs—are being reduced or eliminated, and retraining often lags behind technological change.
2. Concentration of Power
Control of advanced AI and data tends to concentrate among governments and large corporations, raising concerns about economic inequality and influence.
3. Bias & Ethical Risks
AI systems can reflect or amplify biases in their training data, leading to unfair outcomes in hiring, lending, policing, and healthcare.
4. Over-Reliance & Skill Erosion
Excessive dependence on AI can weaken human judgment, critical thinking, and domain expertise over time.
5. Security & Misuse
AI can be used for fraud, deepfakes, cyberattacks, surveillance, and misinformation—often faster than regulations can respond.
6. Lack of Transparency
Many AI models operate as “black boxes,” making it difficult to explain or audit decisions, which is problematic in regulated or safety-critical environments.
7. Rapid Pace of Change
AI is advancing faster than social norms, education systems, and laws can adapt, increasing the risk of unintended consequences.
Bottom Line
AI is neither purely beneficial nor inherently dangerous—it is a powerful force multiplier. Organizations and societies that adopt AI thoughtfully, govern it responsibly, and invest in human adaptation will gain enormous advantages, while those that ignore or misuse it risk serious economic, ethical, and social consequences.
I close by saying, AI is coming so we best embrace it, keep your eyes open and get ready!
“Supply Velocity’s Lean Six Sigma System has given us new tools to help improve our sales performance. We have learned new ways to analyze our business which makes problem solving more accurate and has made us better leaders.”
“In the spring of 2003, the St. Louis Area Chapter of the American Red Cross engaged Supply Velocity, Inc. to perform a study and make recommendations to streamline office processes, maximize cash flow in purchasing and warehousing and restructure and enhance our maintenance department. Supply Velocity, Inc.’s process was methodical, flexible, staff-oriented, inclusive and, above all, trackable.In the last six months, our Chapter has realized expense savings of over $380,000 annually, and significant improvement in intra-company service levels has been attained. Supply Velocity, Inc. will return to the Chapter periodically throughout the next 18 months to audit our newly implemented processes. We have been pleased with our results and Supply Velocity, Inc.’s professionalism.”
“Anheuser-Busch Precision Printing had been implementing Lean Operations on our own for the past two years. We needed to move faster and partnered with Supply Velocity, Inc. Through Supply Velocity, Inc.’s mathematical workflow balancing and visual management tools, dramatic improvements were achieved. The entire converting operation was rearranged based on Lean principles. The result is a 20.6% productivity improvement, enabling us to operate with 23 fewer people in production.”
“I am thrilled to provide this testimonial for Supply Velocity and their outstanding work in implementing Lean Warehouses and processes at Crescent Parts & Equipment through the COVID pandemic. With their data-first focus and Mitch’s exceptional coaching and experience, they transformed our business into a more supply chain-oriented organization, enabling us to grow while prioritizing employee safety and creating a better work environment. Supply Velocity’s expertise in Lean methodologies and their comprehensive evaluation of our customers have been instrumental in optimizing our operations and increasing customer satisfaction. We highly recommend Supply Velocity to any company seeking to implement Lean processes and enhance their supply chain efficiency.”
“Supply Velocity has helped Clean succeed in a number of ways. First, they provided the education that kicked off our Lean Process Improvement journey. They also facilitated a number of large supply chain and process improvement projects including: 1) building quality into our direct-labor productivity incentive program, 2) designing the layout of our garment warehouse, and 3) streamlining our route service process.We have integrated the methods that Supply Velocity taught us into our management and strategic planning. In the process our quality measurement has improved 22% from 2013 to 2015, we have reduced required annual labor by 2200 hours from the garment facility layout project and we’ve seen 50% decrease in error rate. Obviously the numbers speak for themselves, but just as important, Supply Velocity has been fun to work and have become true partners. They have “taught us how to fish” so our internal teams are able to implement change on their own, with the skills we learned from Supply Velocity. This relationship has been invaluable.”
“We are using Supply Velocity’s Lean Six Sigma methods to analyze a variety of processes including rationalizing SKUs (stock-keeping-units). By using math to evaluate SKUs we took some of the emotion out of our decisions. We expect significant increases in sales and productivity from reducing poor performing SKUs.”
“We used Supply Velocity on our Warehouse optimization project. One of the key characteristics of Supply Velocity is that they listened to our requirements and provided a clear path for our Warehouse processes using lean tools and our future sales growth as objectives.”
“Mitch Millstein and his team helped guide our shop fabrication division in the re-layout of our custom pipe and steel fabrication facility when we moved into a new building. It is not only the results but how he helped. We were involved in every step. I personally did time studies and was able to see the non-value added steps required to manufacture in our old layout. When we created our new layout, everyone was involved, from the executive team to our direct labor force. With Mitch’s help we increased our throughput by a 3x multiple, while providing more competitive prices to our clients as a result of the efficiency improvements.This has enabled us to not only make more money but also to expand our commercial reach and serve more, and larger customers. I would recommend Supply Velocity to any company that wants to make improvement in supply chain and operations.”
“We used Supply Velocity to rethink our sales process. By analyzing the entire process we found wasted time in our Sales, Admin and Operations departments. Streamlining this process created extra time for each Sales Rep, allowing them to spend more time with Customers and increase the value we add. Gross profit margins are up 40%!We are now using Supply Velocity to help us rethink our entire Strategic Plan.”
“In thirty years of hiring consultants, Supply Velocity, Inc. was the first to tell me what they were going to do, set a price they stuck to and substantially exceed my expectations. I have recommended them to friends and acquaintances. They were true partners in assisting with the turnaround of an acquisition we had been struggling with for two years.Their math-based technology, solid down-to-earth facilitation skills, and positive, patient and enthusiastic attitude combined to make our implementation of Lean a very rewarding experience.
We increased our production by 50% in the first month of implementation and continue to see improvements. Improvements have not only been realized in productivity, but also in quality and morale. We have increased profitability by $2M on flat sales of $10M.
Based on Supply Velocity, Inc.’s integrity and our results, I will continue to refer them to others and utilize them in the future as we expand our company through acquisitions.”
“For several years we have worked with Supply Velocity to support us with their expertise on Lean Operations and Supply Chain Management. Supply Velocity has helped us implement Lean, improve our inventory systems, and educate our people. They are professionals who are always available to help us as needed.”
“Myerson engaged Supply Velocity, specifically Ray Davis to visit our plant in Trinidad to conduct a two day assessment of our production procedures and provide us feedback on areas for improvement and where applicable, areas for future analysis.Put simply, we got everything we paid for and in addition to more in depth analysis, we got specific tasks that were immediately actionable. Our local management team found Ray to be engaging, highly credible and insightful based on his wide experience. In other words the cultural differences and lack of specific industry knowledge weren’t impediments to things we could implement immediately and on our own. In a nutshell it was money well spent and will pay itself back many times over.”
“Our experience with Supply Velocity was one of the best values we have ever had from a consulting project. Cyril Narishkin brought a structured lean methodology, invaluable experience and engaging facilitation skills to help us streamline a very complex and disjointed sales order process. Just as importantly, our team now has the knowledge and process competencies to address other business improvement opportunities going forward.”
“We engaged with Supply Velocity to help us embed process improvement at all levels of the business. Our team learned from Mitch to let the data drive decisions, to use Lean tools to help us see our processes critically and objectively, and to create a control plan to manage all of the tasks that were the outcome of the data study.The project turned out to be very significant to the company and most importantly, our customers. We reduced our customer wait times by 40%, and cut in half the labor cost to fulfill customer orders.
Some results are not able to be measured. However, as a result of this project, we have started to build a Lean mindset and culture, which is part of our strategic mission to save our customers money. Supply Velocity has been a valued partner in this mission.”
“In a time of volatile supply chain disruption, Supply Velocity is helping us develop Demand and Supply Planning processes to proactively tackle these new challenges. They are genuine partners, working with our team, facilitating and teaching.”
“Supply Velocity created visibility within our Assurance Services Group… visibility of performance, Client-service, employee satisfaction and processing time. Using the Supply Velocity System, Audit Report Cycle time is down over 50%. We are using his strategies to create greater Client loyalty.”
“The role of the Erie Insurance Marketing Department has been evolving over the past several years – from a support role to a more critical role of driving growth in our organization. Because of our increased workload and desire to prioritize the most critical projects, we hired Supply Velocity to teach us the skills of Lean Six Sigma.Participants included the Promotions, Market Research and Agency Licensing sections of the Marketing Department.
We learned valuable tools to help us to prioritize based on the voice of the customer.
I firmly believe these skills made a difference in how we work every day. We are moving new projects forward, eliminating or changing ineffective processes, and we are a much stronger department. We continue to use the tools to help us with our highly-complex and time-consuming projects. Supply Velocity helped us to accomplish our goals.”
“Many thanks to all three Supply Velocity presenters. I think you guys took a very difficult time for learning and capitalized on everyone’s time and training needs. I truly hope this helps your business as this was a considerable undertaking on the part of Supply Velocity. Outstanding!!”
“C&R was struggling with labor productivity. The construction crews were often missing materials that they needed to do their work. This caused significant idle time. Supply Velocity, Inc. and C&R used value stream mapping and visual management tools to make dramatic improvements in operations. Most importantly, two years later C&R is sustaining and improving on the implementation. C&R’s return on investment was 11:1. C&R had a record year last year in both sales and profits and would not have been able to pull it off without the changes Supply Velocity, Inc. helped us make.”
“Your process encourages this group to work together, better communicate and have fun doing it.”
“Supply Velocity is driving instrumental change in our inventory management processes. This is critical for us to be competitive in a supply chain environment with numerous disruptions. They are making change happen, which can be challenging in a 182 year old organization.”
“In 2015 we began working with Dr. Mitch Millstein to optimize our inventory locations supporting e-commerce and in-store inventory needs. From this work we developed a new omni-channel warehousing and inventory plan that entirely redefined our approach to warehousing, inventory management, store distribution and fulfillment. As a result of the analyses by Dr. Millstein we have begun the move to an improved omni-channel design by reassigning MSAs to new warehouses, greater leveraging of in-store inventories to satisfy e-commerce demands, and exploring acquisitions of new warehousing space in strategic locations. We have already seen an improvement of $300,000 from both more efficient shipping strategies due to better inventory management.”
“Supply Velocity has provided the technical expertise and political capital to move our project forward. They have just the right amount of push and the right amount of support. Supply Velocity has helped us make real changes to improve efficiencies in logistics without jeopardizing our performance. We’re happy and our customers are happy.”
“Isolating a problem, finding short, and long term solutions with measurable results is what was promised and results is what was delivered by Supply Velocity. Upon launch of the Lean Six Sigma Selling System, we knew more about our customers, our products, and were able to create a solid plan to increase sales of our most profitable products. Within months of implementation, our booked sales jumped 60% and our most valued customers were getting direct, active, and calculable attention.”
“Closure Medical recently completed a major reorganization in order to enhance our ability to rapidly create innovative medical devices. We hired Supply Velocity to help us map out the process and service flows of the new organization that would maximize our product development process (PDP). In four weeks, Supply Velocity helped us envision a new PDP structure, develop measures and accountability for each step, and gain consensus within the organization. Supply Velocity’s focus on speed and accountability helped us complete a critical project in a timely fashion.”
“We are pleased that Essex selected Supply Velocity, Inc. as our Lean Implementation Partner. At one facility, we have saved over $350,000 in work-in-process inventory, reduced throughput time from 2 weeks to minutes and increased inventory turns 3 to 8 times per year. All these results are in just 6 months. Our return of investment is very high.”
“Supply Velocity gave us the tools to analyze our business and processes based on the facts and numbers versus our perceptions. Our common quote was “Let the numbers lead us”. The key for our organization was how quickly we moved from classroom to actual project initiation. We were able to jump in, start using the tools and see a difference right away.
The get-into-action approach was good for our culture.”
