Artificial Intelligence Is Almost Ready for Business
Synopsis: Artificial Intelligence (AI) is an idea that has oscillated through many hype cycles over many years, as scientists and sci-fi visionaries have declared the imminent arrival of thinking machines. But it seems we’re now at an actual tipping point. AI, expert systems, and business intelligence have been with us for decades, but this time the reality almost matches the rhetoric, driven by the exponential growth in technology capabilities (e.g., Moore’s Law), smarter analytics engines, and the surge in data.
Examples: IBM invests in the Watson Group to offer an AI platform. DataXu uses machine learning to decide which online ads to place where. The Cleveland Clinic, The Mayo Clinic, MD Anderson, and Memorial Sloan-Kettering work with IBM to develop systems that will help healthcare providers better understand patients’ diseases and recommend personalized courses of treatment. USAA uses Watson to enhance navigation on their popular mobile app, the Enhanced Virtual Assistant, or Eva. WayBlazer uses Watson for a new venture in travel planning. Cognitive Scale provides more intelligence into business processes and applications through the “cognitive cloud” where massive amounts of first- and third-party data are fused to deliver real-time analysis and learning.
Question: Is your organization ready for Artificial Intelligence?