Saturday 19 May 2018

AI Is Here — Is Your Company Ready?

A step back: Uber has stopped testing self-driving cars because of a fatal crash.

A look forward: A 10-year-old unlocked the code for Apple’s Face ID, a facial recognition security feature that allows you to use your face to log on to your mobile device.

Are we going backward or forward when it comes to artificial intelligence (AI), and why should businesses take note?

The truth is, we are living through the disruption of AI right now. Technology testing is not always a step forward. It’s a back-and-forth struggle. In this environment, it’s confusing to know how AI fits into your business. Is it hype? Is it overhype? There’s no doubt in my mind that businesses need to get a handle on AI in order to be relevant in tomorrow’s world — actually, even in today’s world.

We are experiencing a second industrial revolution, and businesses need to jump on now. Even though AI is used by thousands of companies, many companies have not jumped on board, and many opportunities have gone unused.

Uber, Walmart, Apple, Google, Facebook and General Electric all use AI, but those are huge companies with deep pockets. What can you do to leverage technology if you own a much smaller business to avoid being left behind?

Read More Here

Article Credit: Forbes

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source http://news.statii.co.uk/ai-is-here-is-your-company-ready/

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