Tod Boehly says the best leadership test in an AI-driven world is the willingness to say 'I don't know'

Boehly, head of Eldridge and investor in Chelsea FC, the Los Angeles Dodgers, and the Los Angeles Lakers, argues that in choosing investments and decision-makers, two things matter: the ability to say 'no' and 'I don't know.' He cites Daniel Katz, co-founder of A24, as an example of a decision-maker who passes this test by rejecting bad ideas outright.

In a world where AI assistants can handle more of daily work, human interaction gains value. Boehly says investment advisors succeed 'by being able to sit with people, because there's still no substitute for being one-on-one, being in person,' and that minimizing time spent on non-value-creating tasks via AI frees capacity to create more value.

Sport remains distinctly human and difficult for AI to replicate: 'The final-minute penalty miss will bring cheers of delight and groans of horror, dependent on the team you support. AI finds such a random rollercoaster of emotions difficult to copy.' Boehly sees this human unpredictability as an enduring competitive advantage for sports brands and entertainment.