For many, artificial intelligence (AI) stirs images of a futuristic cyborg (like the one pictured above), but business people know that the groundbreaking technology is here today. The smartest ones have already put it to work. Forrester reports that 63 percent of business technology decision makers – mostly chief data officers and chief analytics officers – are implementing, have implemented, or are expanding AI in their businesses. Nearly 60 percent say changing their business with AI over the next 12 months is a high, or critical, priority. Along these lines, a PwC report found that 72 percent of business executives believe AI will be the business advantage of the future.

Amsterdam AI Gatherings are quarterly, 3 hour events for Artificial Intelligence practitioners focusing on lessons learned applying AI. Discover: 2x15min applied AI talks of industry peers sharing insights and actionable advice based on hands-on experiences applying AI. Share: AI Clinic sessions for practitioners to share their specific challenge applying AI, gathering initial feedback from industry peers and fellow practitioners. Apply to present your individual challenge putting AI into production through the registration form! Connect: Peer-to-Peer sessions on Machine Learning topics, like Natural Language Processing and Computer Vision, to connect with new and leading practitioners in your technology realm.

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It's a hot topic in boardrooms across the country--artificial intelligence technology and what it can do to increase efficiencies for businesses. Many organizations are already leveraging this technology, but it won't be replacing human workers at an alarming rate in the near future, according to Mike Baccala, PwC's U.S. Assurance Innovation Leader. AI works best when it brings data and teams from different disciplines together, and the technology requires human-machine collaboration. "We underestimate the human condition at times," Baccala told Corporate Board Member. "And if you look at the skills and the things that people bring to the table--that can be in business, professional service, complex problem solving, creativity, emotional intelligence, critical thinking--those are all in judgement, those are all things that will be very difficult for AI to reproduce."

The Fourth Industrial Revolution, or the marriage of physical and digital technologies, promises to upend how all of us work, from interns to top executives. And yet, despite the clear impact Industry 4.0 will have on workforces in every industry and geography, many executives do not express urgency when it comes to tackling the challenge of the future of the workforce, according to a new report from Forbes Insights and Deloitte, "The Fourth Industrial Revolution Is Here--Are You Ready?" Inevitably, technology is resulting in some human skills becoming obsolete. Based on a survey of more than 1,600 executives worldwide, the report notes that talent/HR is at the very bottom of the list of issues executives focus on, and only 22% of respondents believe that the uncertain impact of Industry 4.0 on the workforce will be one of the top issues affecting their organizations. At the same time, however, only a quarter of executives surveyed express high confidence that they have the right workforce composition and skill sets needed for the future. Despite these contradictions in outlook, 86% of executives believe they are doing everything they can to create a workforce for the Fourth Industrial Revolution.

Subscribe to receive updates on Industry 4.0 The industrialization of the world began in the late 18th century with the advent of steam power and the invention of the power loom, radically changing how goods were manufactured. A century later, electricity and assembly lines made mass production possible. In the 1970s, the third industrial revolution began when advances in computing-powered automation enabled us to program machines and networks. Today, a fourth industrial revolution is transforming economies, jobs, and even society itself. Under the broad title Industry 4.0, many physical and digital technologies are combining through analytics, artificial intelligence, cognitive technologies, and the Internet of Things (IoT) to create digital enterprises that are both interconnected and capable of more informed decision-making. Digital enterprises can communicate, analyze, and use data to drive intelligent action in the physical world.

Why now's the time to get serious about artificial intelligence. We've all seen the headlines time and again: technologies like artificial intelligence (AI), blockchain, and the internet of things (IoT) will change our lives and work over the next decade. Such long-term forecasts are important, but business leaders must make decisions right now. They don't want sci-fi visions. They want to know how and when AI will affect their organizations--and what they should do about it today.

Artificial intelligence is set to swell the GCC and Egypt's economies to the tune of $320 billion by 2030, according to a report. Globally, the economic uplift could be to the magnitude of $15.7 trillion, more than the current output of China and India combined, according to a report by professional services firm PwC. Within that increase, $6.6 trillion is likely to come from increased productivity, while $9.1 trillion is likely to come from benefits to consumers. Artificial intelligence (AI) is a collective term for computer systems that can sense their environment, think, learn, and take action in response to what they are sensing and their objectives. AI is rapidly evolving, with current technology including autopilots, digital assistants and chatbots.

LONDON: Artificial intelligence is set to swell the GCC and Egypt's economies to the tune of $320 billion by 2030, according to a report.Globally, the economic uplift could be to the magnitude of $15.7 trillion, more than the current output of China and India combined, according to a report by professional services firm PwC. Within that increase, $6.6 trillion is likely to come from increased productivity, while $9.1 trillion is likely to come from benefits to consumers....

LONDON: Artificial intelligence is set to swell the GCC and Egypt's economies to the tune of $320 billion by 2030, according to a report. Globally, the economic uplift could be to the magnitude of $15.7 trillion, more than the current output of China and India combined, according to a report by professional services firm PwC. Within that increase, $6.6 trillion is likely to come from increased productivity, while $9.1 trillion is likely to come from benefits to consumers. Artificial intelligence (AI) is a collective term for computer systems that can sense their environment, think, learn, and take action in response to what they are sensing and their objectives. AI is rapidly evolving, with current technology including autopilots, digital assistants and chatbots.