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The recent BBC Radio 4 More or Less programme explored the concept of P(doom), shorthand for the probability that artificial intelligence could lead to catastrophic, or even existential, consequences for humanity.

The programme questioned how widely quoted estimates, such as a “10% chance of extinction”, are derived and whether assigning precise figures to highly uncertain future scenarios is as scientific as it first appears.

For leaders, however, the debate is less about whether the world is heading towards utopia or apocalypse, and more about navigating through the noise. AI is currently surrounded by an unusual mixture of excitement, investment, fear and speculation. Every week seems to bring either a headline proclaiming that AI will transform every aspect of work or a warning that it could threaten civilisation itself.

The reality, as is often the case, is likely to sit somewhere between those extremes.

Nothing New Under the Sun

What is striking is how familiar this pattern is.

History is full of examples of society reacting dramatically to new technologies. In the early nineteenth century, the Luddites feared machinery would permanently destroy employment. The arrival of railways prompted concerns that travelling at unprecedented speeds would damage the human body. Electricity was viewed with suspicion. The telephone was criticised for weakening face-to-face relationships. Television was blamed for declining literacy and social standards. More recently, the internet was predicted by some to create social isolation, destroy traditional business models and undermine trust in institutions.

In every case, the technology changed society. Jobs evolved, industries emerged and ways of working were disrupted. Yet the most extreme predictions, both positive and negative, rarely materialised in full. The technology was neither irrelevant nor civilisation-ending.

Society adapted.

The Leadership Challenge

This historical perspective matters because leaders are increasingly being asked to make decisions about AI against a backdrop of considerable uncertainty.

Some employees are enthusiastic adopters. Others are sceptical or fearful. Vendors make bold claims. Analysts publish conflicting forecasts. Regulators continue to evolve their guidance.

The result is an environment where emotion can sometimes outweigh evidence. The danger for organisations is not simply being wrong about AI. The greater risk may be reacting disproportionately.

The Cost of Fear and Hype

Fear and hype can be equally damaging.

Fear can cause organisations to delay experimentation, ignore genuine opportunities and fall behind competitors that are embracing and realising the value of AI.

Conversely, hype can encourage organisations to invest heavily in poorly defined use cases, overestimate potential benefits and underestimate implementation challenges, many of which sit within the wider context of organisational transformation.

Both reactions create risk.

The challenge for leaders is to avoid being paralysed by fear while also avoiding being swept along by promises that can only be realised through deliberate leadership, workforce adoption and sustained organisational effort.

What Leaders Should Really Be Asking

The role of leaders is not to predict the future perfectly. It is to create the conditions for informed decision-making despite uncertainty.

Rather than asking:

  • Will AI change everything?
  • Will AI destroy jobs?
  • Will machines replace people?

Leaders should focus on more practical questions:

  • What specific problems are we trying to solve?
  • Where could AI create measurable value?
  • What are the risks of adoption?
  • What are the risks of non-adoption?
  • What governance and safeguards are required?
  • How do we build workforce confidence and capability?

These are leadership questions, not technology questions.

Focus on the Near-Term Reality

The discussion around P(doom) serves a useful purpose. It reminds us that powerful technologies deserve thoughtful oversight, responsible governance and careful consideration.

However, leaders should be cautious about allowing speculative long-term scenarios to distract from the challenges directly in front of them today.

Over the next three years, organisational success is likely to depend far more on:

  • Workforce readiness
  • AI fluency and capability development
  • Data quality
  • Governance and risk management
  • Adoption and behaviour change
  • Organisational culture

These issues are tangible, immediate and within a leader’s influence.

Neither Doomer nor Evangelist

The most effective leaders are unlikely to be either.

Instead, they will be pragmatic orchestrators. They will acknowledge uncertainty while maintaining curiosity. They will challenge exaggerated claims while remaining open to possibility. They will focus on evidence, experimentation and learning rather than fear or hype.

Most importantly, they will understand that leadership is not about predicting the future. It is about helping others navigate it.

The Lesson from History

If history teaches us anything, it is that transformative technologies often arrive wrapped in equal measures of promise and panic.

The organisations that benefit most are rarely those that are first to believe the hype or first to fear the worst. They are the ones whose leaders remain clear-headed enough to separate signal from noise, maintain perspective amid uncertainty and turn technological disruption into informed action.

In an AI-powered future, that may be the most important leadership capability of all.

The question is no longer whether AI will have an impact, but how organisations can respond with clarity and confidence.

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