Category Archives: Artificial Intelligence

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AI In 2019 According To Recent Surveys And Analysts’ Predictions

Category:AI,Artificial Intelligence,TechNews,Technology Tags : 

FORBES

Artificial Intelligence (AI) is the talk of the world and it features prominently in predictions for 2019 (see here and here) and recent surveys by consulting firms and other observers of the tech scene. Here are the key findings:

Consumer adoption: “Smart speakers” lead the way to the AI-infused home of the future

Smart speakers (e.g., Amazon Echo and Google Home) will become the fastest-growing connected device category in history, with an installed base projected to surpass 250 million units by the end of 2019. With sales of 164 million units at an average selling price of $43 per unit, total smart speakers’ revenues will reach $7 billion, up 63% from 2018. (Deloitte)

Enterprise adoption: Timid first steps

47% of business executives say their companies have embedded at least one AI capability in their business processes and just 21% say their organizations have embedded AI in several parts of the business. 30% say they are piloting AI. (McKinsey)

20% of business executives say their companies will deploy AI across the business in 2019. (PwC)

CLICK HERE to read this interesting article by Gil Press


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Artificial Intelligence

Great Article – “The Business Of Artificial Intelligence” by Erik Brynjolfsson & Andrew Mcafee

Category:AI,Artificial Intelligence,Innovation,Technology

The Business Of Artificial Intelligence – What it can — and cannot — do for your organization 

(for the full article go to https://hbr.org/cover-story/2017/07/the-business-of-artificial-intelligence

 

“For more than 250 years the fundamental drivers of economic growth have been technological innovations. The most important of these are what economists call general-purpose technologies — a category that includes the steam engine, electricity, and the internal combustion engine. Each one catalyzed waves of complementary innovations and opportunities. The internal combustion engine, for example, gave rise to cars, trucks, airplanes, chain saws, and lawnmowers, along with big-box retailers, shopping centers, cross-docking warehouses, new supply chains, and, when you think about it, suburbs. Companies as diverse as Walmart, UPS, and Uber found ways to leverage the technology to create profitable new business models.

The most important general-purpose technology of our era is artificial intelligence, particularly machine learning (ML) — that is, the machine’s ability to keep improving its performance without humans having to explain exactly how to accomplish all the tasks it’s given. Within just the past few years machine learning has become far more effective and widely available. We can now build systems that learn how to perform tasks on their own.”


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