Q. Which of these are discoveries, which are developments and which are inventions?
Q. How do you think they have changed the world?
Q. Which do you think are the most important?
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GRAVITY, ARTIFICIAL INTELLIGENCE, PRINTING PRESS, TELEPHONE, DNA, RENEWABLE ENERGY
Q. How do you think they have changed the world?
Q. Which do you think are the most important?
_________________________________________
GRAVITY, ARTIFICIAL INTELLIGENCE, PRINTING PRESS, TELEPHONE, DNA, RENEWABLE ENERGY
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OPINIONS
The Future Of Energy Seems Intense With The Exponential Development In The AI Sector
Arindam Paul
BY ARINDAM PAUL
08/03/2018
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Ever since 2016, Artificial Intelligence has been something of a hot topic of conversation among entrepreneurs and the reputed business magnates of the world. In fact, in 2017, the term Artificial Intelligence (AI) was ranked No. 7 on Gartner.com, showing how popular and widespread it had become in just a year.
In simple words, AI refers to the branch of computer science that seeks to create and develop intelligent or ‘smart’ machines that imitate human behavior, that is, learn from experience and perform human-oriented tasks. The term Artificial Intelligence was coined 1956, and today, it combines both machine learning and deep learning under one umbrella.
Source: Chatbots Magazine
How Is AI Transforming The Business World?
AI is the hottest trend now in the business world. Dan Walker, head of Emerging and Disruptive Technology at the British Petroleum’s (BP) Technology Group, thinks:
“AI is enabling the fourth industrial revolution, and it has the potential to help deliver the next level of performance.”
Business magnates and entrepreneurs around the world are incorporating AI within their structure. This is mainly because AI provides the opportunity to companies to improve their overall customer experience; to automate work processes; to boost their employee performance, and most importantly, to develop intelligent machines to aid them in their day-to-day functioning.
A recently published Harvard Business Review (HBR) maintains that about 51% of AI leaders have predicted that by the year 2020, AI will create a massive internal impact on the back office functions of IT, HR, and finance/accounting. This will enable the employees to divert their attention to more important tasks while AI will take care of repetitive and automatable tasks (questions about company policy, reset passwords, etc.).
The following image shows how AI is becoming increasingly popular in the business world.
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