When artificial intelligence is used to expedite certain legacy processes, it can act more like a Band-Aid than a cure. Scenarios describing the potential for artificial intelligence (AI) seem to gravitate toward hyperbole. In wonderful scenarios, AI enables nirvanas of instant optimal processes and prescient humanoids. In doomsday scenarios, algorithms go rogue and humans are superfluous, at best, and, at worst, subservient to the new silicon masters. However, both of these scenarios require a sophistication that, at least right now, seems [...]
The challenge we face today is not a “world without work” but a world with rapidly changing work. The pace of progress in AI and machine learning is accelerating rapidly. In the past month alone, these are just a few of the news items I’ve seen: DeepMind Technologies Ltd. in London, U.K., has developed a system to scan 1 million images from eye scans and is training itself to spot early signs of degenerative eye conditions. Rethink Robotics Inc. of Boston, Massachusetts, [...]
Companies are set to strut their AI-powered stuff at MWC 2018 At a certain point in time, zombies became somewhat of a craze; from TV shows and movies to video games, a good number were enjoying the virtual ‘threat’ to humanity. In the real world, however, there’s a different ‘threat’ – as some put it – with which we can draw parallels to those at-times cute undead beings. The rise of artificial intelligence has created an atmosphere that has polarised opinion, and [...]
Radars operating on Dubai roads will also be linked to the system. The Dubai Police will soon have eyes all over the emirate thanks to a new security project that was launched on Saturday. The project will link CCTV cameras in operation across the emirate to the police control room and is projected to make Dubai the safest city on earth. Radars operating on Dubai roads will also be linked to the system so that even traffic violations can be monitored [...]
IN MARCH 2016, Alphabet’s DeepMind research group set a milestone in artificial intelligence when its AlphaGo program defeated professional Go player Lee Sedol, then-fifth-ranked in the world, at the complex board game Go. Now China’s Tencent is claiming a milestone of its own in Go—and China’s ambitions in artificial intelligence. Last week, the company’s Fine Art program defeated China’s top professional Ke Jie, despite giving him a significant head start. Ke recently slipped to number two in the world, after [...]
To understand how advances in artificial intelligence are likely to change the workplace — and the work of managers — you need to know where AI delivers the most value. Major technology companies such as Apple, Google, and Amazon are prominently featuring artificial intelligence (AI) in their product launches and acquiring AI-based startups. The flurry of interest in AI is triggering a variety of reactions — everything from excitement about how the capabilities will augment human labor to trepidation about [...]
Artificial intelligence is about to transform management from an art into a combination of art and science. Not because we’ll be taking commands from science fiction’s robot overlords, but because specialized AI will allow us to apply data science to our human interactions at work in a way that earlier management theorists like Peter Drucker could only imagine.
Awash in data, executives dream of a time when the Jetson utopia finally manifests — and they find themselves sipping coffee and cashing checks while machines slave away for them, uncovering unexpected business insights and learning optimal ways to manage organizations.
MIT SMR and Boston Consulting Group are collaborating on a new research initiative, Artificial Intelligence & Business Strategy, to explore the most important business opportunities and challenges for managers posed by AI. The field of artificial intelligence (AI) is finally yielding valuable smart devices and applications that do more than win games against human champions. According to a report from the Frederick S. Pardee Center for International Futures at the University of Denver, the products of AI are changing the [...]
Disruption from artificial intelligence (AI) is here, but many company leaders aren’t sure what to expect from AI or how it fits into their business model. Yet with change coming at breakneck speed, the time to identify your company’s AI strategy is now. MIT Sloan Management Review has partnered with The Boston Consulting Group to provide baseline information on the strategies used by companies leading in AI, the prospects for its growth, and the steps executives need to take [...]