It’s hard to know what to think about Artificial Intelligence these days. Almost everyone in the industry believes it to be a revolution as deep and as fundamental as the industrial revolution or the birth of the computer. Yet the field seems divided over when we will get to general intelligence and what that will ultimately mean for us. Some believe it will be our greatest invention yet and others that it may lead to our doom.
AI is hot, I mean really hot. VCs love it, pouring in over $1.5B in just the first half of this year. Consumer companies like Google and Facebook also love AI, with notable apps like Newsfeed, Messenger, Google Photos, Gmail and Search leveraging machine learning to improve their relevance. And it’s now spreading into the enterprise, with moves like Salesforce unveiling Einstein, Microsoft’s Cortana / Azure ML, Oracle with Intelligent App Cloud, SAP’s Application Intelligence, and Google with Tensorflow (and their TPUs).
Artificial Intelligence (AI) is rapidly becoming the biggest issue on the agenda for many businesses. The current speed of development, the sheer range of possible applications, and the potential impact of AI suggest that it’s time for CEOs to pay attention.
What is Artificial Intelligence?
AI will change the philosophy, practice and management of business. It is beginning to transform businesses and replace even senior management and leadership roles. CEOs must invest the necessary time and attention to understand what AI is and where the opportunities are.
This story is from the February 2017 edition of industrial business MART.
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This story is from the February 2017 edition of industrial business MART.
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