{"id":38946,"date":"2020-08-05T03:15:00","date_gmt":"2020-08-05T07:15:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=38946"},"modified":"2020-08-05T03:15:00","modified_gmt":"2020-08-05T07:15:00","slug":"38946","status":"publish","type":"post","link":"https:\/\/blog.cyberconservices.com\/index.php\/2020\/08\/05\/38946\/","title":{"rendered":""},"content":{"rendered":"\n

By Toby McClean<\/a> – Countless use cases exist today proving that artificial intelligence <\/strong>(AI) systems are capable of transforming businesses, society and the economy. Examples of AI behaving appropriately in a growing number of scenarios across industries \u2014 from\u00a0autonomous driving for the elderly and disabled<\/a>\u00a0and\u00a0detecting tumors in medical scans<\/a>\u00a0to\u00a0AI-driven education in the classroom<\/a>\u00a0\u2014 have crystallized the ever-growing value of putting AI to work at scale.\u00a0<\/p>\n\n\n\n

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Despite all of AI’s glorious promises, organizations have yet to reach economies of scale in AI. This goal of scaling AI has been the biggest and most elusive challenge for businesses in their digital transformation efforts and it remains a work in progress. A recent PwC survey<\/a> underscored the severity of this problem by revealing that although 90% of executives believe AI offers more opportunities than risks, only 4% plan to deploy AI enterprise-wide this year. That’s a significant drop from the 20% who said they intended to deploy AI in 2019.<\/p>\n\n\n\n

The survey suggests that companies need to get the basics of the technology right before they can scale it. AI introduces operational, managerial and job skill training challenges, as it affects every level of a company’s organization and radically changes workflows and business models.<\/p>\n\n\n\n

At its core, AI is about productivity, so it’s safe to say that AI is about economics. AI systems are predictive machines that automate and augment tasks and predictions in the economy, allowing organizations and people to be more productive and make more informed decisions. AI mimics human cognitive functions, like learning and problem-solving, without human shortcomings, such as fatigue, emotion and limited time. Some experts\u00a0predict<\/a>\u00a0that AI could add $15.7 trillion to the global economy by 2030. Read On:<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

By Toby McClean – Countless use cases exist today proving that artificial intelligence (AI) systems are capable of transforming businesses, society and the economy. Examples of AI behaving appropriately in a growing number of scenarios across industries \u2014 from\u00a0autonomous driving …<\/span> Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[638,640],"tags":[639,641],"class_list":["post-38946","post","type-post","status-publish","format-standard","hentry","category-ai","category-artificial-intelligence-ai","tag-ai","tag-artificial-intelligence-2"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":31312,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2019\/02\/11\/artificial-intelligence-in-business-using-ai-in-your-company\/","url_meta":{"origin":38946,"position":0},"title":"Artificial Intelligence in Business: Using AI in Your Company","author":"Rick Backus","date":"February 11, 2019","format":false,"excerpt":"By\u00a0Daniel Dern -\u00a0Artificial intelligence (AI) in business is rapidly becoming a commonly-used competitive tool. Clearly, companies are past debating the\u00a0pros and cons of AI. From better chatbots for customer service to data analytics to making predictive recommendations,\u00a0deep learning and artificial intelligence\u00a0in their many forms is seen by business leaders as\u2026","rel":"","context":"In "AI"","block_context":{"text":"AI","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/ai\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.cyberconservices.com\/wp-content\/uploads\/2019\/02\/ai-business.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":76155,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2023\/01\/03\/not-everything-we-call-ai-is-actually-artificial-intelligence\/","url_meta":{"origin":38946,"position":1},"title":"Not everything we call AI is actually ‘artificial intelligence’.","author":"Rick Backus","date":"January 3, 2023","format":false,"excerpt":"Late last month, AI,\u00a0in the form of ChatGPT, broke free from the sci-fi speculations and research labs and onto the desktops and phones of the general public. 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