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Read this week's top 5 news updates in deep learning and AI: AI ethics guidelines for CIOs, how AI will drive business value, optimization of the customer experience using AI, how to prepare your business for AI, and how AI can create $2.9 trillion of business savings.
Top 5 Deep Learning and AI Stories - August 9, 2019
INSIGHTS INTO THE NEW
DEEP LEARNING IS THE
FASTEST-GROWING FIELD IN
ARTIFICIAL INTELLIGENCE (AI)
1. AI Ethics Guidelines Every CIO Should Read
2. AI Will Drive Business Value via Decision Support,
3. Optimizing the Customer Experience with Artificial
4. How to Prepare Your Business to Benefit from AI
5. AI Augmentation to Create $2.9 Trillion Business in
AI ETHICS GUIDELINES EVERY CIO SHOULD READ
As AI and machine learning become widely
adopted, it’s important for CIOs to keep business
ethics in mind.
“Because AI technology and use cases are changing so
rapidly, chief information officers and other executives
are going to find it difficult to keep ahead of these
ethical concerns without a roadmap. To guide both deep
thinking and rapid decision-making about emerging AI
technologies, organizations should consider developing
an internal AI ethics framework.”
AI WILL DRIVE BUSINESS VALUE VIA DECISION SUPPORT, HUMAN
As AI continues to develop, machines will
complement humans driving business value.
“The general idea from Gartner is that augmented
intelligence won't take over human tasks, but improve
learning, decision making and experiences. This
combination of human and AI knowhow will drive
productivity for enterprises.
By 2030, decision support and augmentation will surpass
all other AI initiatives in terms of business value and
represent 44% of market. Smart products will be 13% of
business value with decision automation at 19% and
agents at 24%.”
OPTIMIZING THE CUSTOMER EXPERIENCE WITH ARTIFICIAL
Artificial intelligence advances have opened the
door for the customer experience to be optimized.
“While the growth in sophistication of data collection
and analytics has enabled companies to get vastly better
insights about their audiences, AI can take that much
further by analyzing data and finding trends and
behaviors that would likely be impossible for humans to
find on their own. This can provide organizations with
much better and deeper insights about their customers,
which can benefit marketers, sales directors, CIOs and
other key decision makers.”
HOW TO PREPARE YOUR BUSINESS TO BENEFIT FROM AI
Artificial intelligence can be the best tool for your
business to derive real insights from your data.
“Enterprises are not blind to the massive opportunities
that can be extracted: according to the latest Gartner
data, enterprise adoption of AI has grown 270% over the
past four years. In the last year alone, AI adoption has
essentially tripled within enterprises of all sizes.”
AI AUGMENTATION TO CREATE $2.9 TRILLION BUSINESS IN 2021:
In 2021, artificial intelligence augmentation will
create $2.9 trillion of business value and 6.2 billion
hours of worker productivity globally.
“Gartner’s AI business value forecast highlights decision
support/augmentation as the largest type of AI by
business value-add with the fewest early barriers to
adoption. By 2030, decision support/augmentation will
surpass all other types of AI initiatives to account for
44% of the global AI-derived business value.”
LEARN HOW DEEP LEARNING IS
SEE THE RESULTS