Professional Services
The AI of Tomorrow: Ameila's Like Siri, But With A Doctorate in Psychology
The London borough of Enfield has enlisted artificial intelligence Amelia to take on customer service tasks for its residents starting late this year. Developed by IPSoft, Amelia is a cognitive agent, capable of automating certain tasks as well as learn from its interactions. As to what makes Amelia a competent asset to the council, IPSoft says she is "[c]apable of analysing natural language, she understands context, applies logic, learns, resolves problems and even senses emotions." Amelia currently handles cognitive customer experience for professional services company Accenture and financial consultancy firm Deloitte. This will, however, be her first public sector role.
Next In Tech
Think back to when you were a child. You were in a data-rich environment, but only starting to make sense of it all. You barely knew the names for things, much less how one thing related to another. By this point, most of your experiences fit into webs of different but familiar contexts. You understand your co-workers' roles, their strengths and weaknesses, where they come from, what their families are like, who they work best with.
AI and cognitive computing applications for risk management Deloitte US
The idea of computers outsmarting and replacing humans has existed in movies and books for decades. Fortunately, that hasn't happened on a wide scale yet. But what has happened is the recent emergence of artificial intelligence concepts--specifically cognitive computing. These concepts involve advanced technology platforms that can address complex situations that are characterized by ambiguity and uncertainty. Cognitive computing has begun to augment business decisions and power performance right alongside human thought process and traditional analytics.
Meet your new robotic colleagues. Friend or foe?
Imagine a future office in which the robot not only makes you tea but actually gets better at it over time. That is the very real future that awaits most workers. "You can imagine a world in five years' time when teams are made up of company employees, crowd specialists, and cognitive robots -- all creating and collaborating together", says Shamus Rae, the head of innovation and investments for KPMG in the UK. The future of robotic process automation also promises to bring more "human" intelligence to robots. "The robot would gain experience from its many interactions -- potentially thousands or more each day -- and gradually improve its responses", Rae explains in the KPMG report "The crowd in the cloud".
Demystifying Machine Learning Part 2: Supervised, Unsupervised, and Reinforcement Learning
In the first blog post of this series we introduced the topic of machine learning and discussed why there is a lot of excitement around the topic. In this blog we explore different types of machine learning. Let's start with a simple example that everyone can relate to. You want to teach a three year old some basic discipline of keeping their toys in the right place. The room is full of interlocking blocks and soft toys.
Robots are coming to take our jobs
Speaking to Anton was worrying, it seems that robots are already having better outcomes as psychologists and coaches. Which doesn't bode that well for me, time to consider what other skills I have that a robot doesn't. Artificial intelligence is already being used to deliver services that people once did, however, the surprising impact is that it is the professional services that are currently being hit the hardest. Professional services such as lawyers, doctors, and psychologists are the target of the first wave of the implementation of artificial intelligence. To give you an example, a chatbot lawyer recently overturned 160,000 in parking fines.
Consulting Industry Faces Threat From Artificial Intelligence
Previously I explored the value of eminence and thought leadership to consulting firms, and how unfortunately the power of inbound content marketing has a dark side that forms part of a three-pronged attack on the consulting industry. Meanwhile, the tireless invention and innovation efforts of research teams in companies around the world have helped to keep the pace of technological advancement in computer processing power at or above Moore's Law for several decades. This has given technology companies the ability to put more computing power than the entire Apollo space program into the pockets of more than a billion people around the world. It seems like everything has become digital, including music, books, and even movies. Increasingly intelligent digital technologies and mercurial customer expectations threaten both people and enterprise at every turn.
Artificial Intelligence and the Consulting Industry – Innovation Excellence
Previously I explored the value of eminence and thought leadership to consulting firms, and how unfortunately the power of inbound content marketing has a dark side that forms part of a three-pronged attack on the consulting industry. Meanwhile, the tireless invention and innovation efforts of research teams in companies around the world have helped to keep the pace of technological advancement in computer processing power at or above Moore's Law for several decades. This has given technology companies the ability to put more computing power than the entire Apollo space program into the pockets of more than a billion people around the world. It seems like everything has become digital, including music, books, and even movies. Increasingly intelligent digital technologies and mercurial customer expectations threaten both people and enterprise at every turn.
Rise of the Strategy Machines
While humans may be ahead of computers in the ability to create strategy today, we shouldn't be complacent about our dominance. This article is part of an MIT SMR initiative exploring how technology is reshaping the practice of management. Editor's Note: This is the seventh in a special series of commissioned essays MIT Sloan Management Review will be publishing in Frontiers over the Spring and Summer of 2016. Each essay gives the author's response to this question: "Within the next five years, how will technology change the practice of management in a way we have not yet witnessed?" As a society, we are becoming increasingly comfortable with the idea that machines can make decisions and take actions on their own.
Robotic Process Automation Underpins Artificial Intelligence
Assigning people the tedious task of manually reviewing and manipulating documents is a sure-fire way to miss errors and introduce inaccuracies as blurry-eyed employees move between programs and cut-and-paste data. Although this is standard practice at many companies, it's a problem that Robotic Process Automation (RPA) technology is now able to solve. RPA can mimic a human's ability to gather data and put data into Excel spreadsheets. It can access disparate systems (ERP, sales, tax, etc.), review tens of thousands of documents in an hour or two (instead of several days), do so without error, and put the data in a standardized format. But RPA's advantages go far beyond imitating keystrokes and avoiding errors; RPA's speed, accuracy and formatting abilities make it an essential foundational technology for a more automated, intelligent enterprise.