AI

AI (67)

Overcoming Bias in Data: The Great Challenge for AI

Artificial Intelligence (AI) is a powerful tool and its growing capabilities can be used to tackle an immense number of problems across all industries, from cybersecurity to manufacturing to healthcare. But while AI is profoundly changing the way businesses operate, concern is mounting around the inherent biases that the technology can amplify. And for good reason; today, we still see new issues with biased AI emerging, which suggests that too many organizations are still experimenting with AI without an adequate focus on ethics and potential biases.

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Watch for These Developments This Year

Even before the coronavirus pandemic, artificial intelligence (AI) was already growing at a fast rate. For instance, IDC predicted in 2019 that the spending on AI technologies would grow three-fold by 2023. With the coronavirus pandemic, the potential of this technology in healthcare and other industries has become apparent. In just about six months of 2020, a rapid digital transformation saw companies shifting and adopting different digital technologies, including AI, in a short time. Even after the pandemic, this is not likely to stop, mainly because AI has proven to reduce the cost of operations and accelerate service delivery.

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Practical Guidance For Implementing Transformative AI Solutions

“We know how we want our companies to work.  Enterprises ought to be customer-focused, responsive, and digital.  They should deliver to each employee and customer exactly what they need, at the moment they need it.  The data and technology to do this are available now,” declares artificial intelligence expert Seth Earley.  Nonetheless, AI continues to stumble when it comes to making this a reality.  In his new book, THE AI-POWERED ENTERPRISE:  Harness the Power of Ontologies to Make Your Business Smarter, Faster, and More Profitable (LifeTree Media/April 28, 2020), Earley provides practical approaches for solving the data management problems that are at the heart of this disconnect, showing how organizations can truly deliver on the promise of AI. 

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How can businesses turn the tide on the AI diversity crisis?

For quite some time now, pressure has been mounting in the AI industry for tech companies and big conglomerates to wrestle control over its diversity crisis. From home assistants that can remind us to do chores and look up information on demand, to customer service chatbots that take care of queries and complaints, we are increasingly relying on technologies that use AI to assist in our daily lives. In the months and years to come, the reach of these technologies is likely to extend even further, and as such the conversation around their ethics has recently come to something of a crescendo.

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These Are Top Issues for AI in 2021

Artificial intelligence (AI) is impacting the future of almost every industry in the world today. It has been pitched as the main driver of other technologies such as robotics, Internet of Things, big data and business process automation. Going into 2021, AI will continue to be a fulcrum of technological innovation and will be so for foreseeable future. The next few years will see an unprecedented fast development and adoption of emerging technologies driven by AI. To prepare industries on what awaits them, here are some top issues for AI in 2021.

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2020 Has Been Big for Artificial Intelligence

For many years, artificial intelligence (AI) was only seen on movies and fiction books and magazines. While it was like magic to the eyes, most thought it was a dream that could not be accomplished. Fast forward 2020, AI has become one of the most exciting technologies that almost everyone is talking about.  AI has moved from a hype state in tech and fiction movies to a practical usage in different industries as companies begin to take advantage its power. As 2020 comes to an end, we are already seeing countries and businesses striving to lead in the AI race. Here are some trends that have defined artificial intelligence in 2020 going forward:

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The Basics of Artificial Intelligence

Artificial intelligence (AI) has evolved into one of the most advanced technologies that can be used in different industries for different things. A decade ago, when enthusiasts first talked about the potential of this technology, many laughed it off as just another fantasy and dreams that would never succeed. As we speak today, countries are trying their best to be the leaders in this area. It is the hottest buzzword in business circles and among governments as it is quickly proving to be a critical lynchpin of the digital transformation and automation that many players are seeking to take advantage of to reduce the cost of doing business and increase effectiveness.

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AI Will be a Significant Force in a Post-Pandemic World

The coronavirus pandemic has put businesses, both small and large, under untold pressure never experienced before. Although the pandemic has ripped many industries apart, it has also come as a blessing in disguise. It enabled many companies to develop efficient, digital means of operating and leveraging on the power of AI and automation. Although there were many promises made about the potential of AI for more than 50 years, these promises are now being delivered finally with COVID-19 acting as a catalyst.

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The Evolution of Artificial Intelligence

What was once just a figment of fiction and stories in movies, artificial intelligence (AI), has now made way in our everyday lives. AI is evolving — literally from what it once was to something much greater than what many anticipated. The evolution is made possible by a software that borrows concepts from the Darwinian theory of evolution whose basis is on survival for the fittest. This software improves the software without any human input. This is a result of years of hard work and research in AI, which scientists believe could lead to the discovery of higher quality AI in the future.

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Do You Know About These AI Trends

Artificial intelligence, mostly known as AI, has been there for decades. Although it was mainly associated with robots, AI has today become part of almost every industry. From mobile phones and other personal gadgets to home appliances, AI has taken over almost every sector. As the number of sectors embracing AI keeps rising, new AI trends are emerging in the market. Here are some trends that you should expect in 2020 going forward in artificial intelligence.

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