Bhanu Choudhrie on How to Innovate for the Digital First Economy

Bhanu Choudhrie is optimistic about innovation in general but says there is much evidence that not all innovation is for the better. “People often look at existing alternatives and see them as better than the status quo. But when they’re directly competing against the status quo, the status quo is usually far better than the alternatives,” he says. Choudhrie believes traditional institutions are far more stable than other institutions. Governments are largely stable, while corporate structures are stable, although they are subject to rapid change. Conventional organizational models work, and Choudhrie hopes that the entire world is driven to re-establish them once they become obsolete.

AI in Aviation

The first major innovation, or risk, in aviation and beyond is AI. While technology is in its infancy, it will become exponentially more important in the future. Bhanu Choudhrie expects AI to have the potential to substantially lower the cost of aviation maintenance, reduce fuel consumption, create the world’s first pilotless planes, and potentially alter the overall pace of business growth in the future.

AI is already being used to help pilots operate aircraft in real-world conditions instead of the simulators they typically train on. Though he is pleased with the progress, he points out that AI development and adoption are still in the nascent stages.

Data-Driven Development

AAG uses data analysis to generate productivity improvements in the pilot training industry. This is a natural progression for airlines that have traditionally defined themselves by customer service. Airlines now need to determine where their priorities should lie. Flight operations are at the top of the list, followed by passenger experience. These are most people’s top priorities, and they tend to change quickly.

It makes sense that the customer service focus has shifted first in response to the pandemic. However, the airlines have to compete to offer the best customer experience and a superior flight experience. The evolution from the flight operations and customer service focus to an overall approach to development is a natural industry’s evolution next step.

Lessons for Future Flight Training Reforms

Bhanu Choudhrie says that there are several principles that airlines can use to guide their decision-making in the future, especially when making flight training decisions. He recommends that airlines follow the example of pilot training that focuses on teaching skills and techniques rather than tests. Students and pilots will be more productive when they focus on mastering the skill, they are interested in rather than trying to be better than their peers. According to Bhanu Choudhrie, the ability to make rapid decisions within reason should be a core objective of the training industry moving forward. He recognizes that mistakes will happen and that airlines and regulators need to limit them by providing clearer guidelines to reduce confusion. Go Here for related Information.