It is a known fact that Artificial Intelligence (AI) has opened diverse opportunities in the world of technology, but it is no secret that the economic impact of AI has also been momentous for its adopters. Come 2030, AI based initiatives will pump 12.8 trillion Euros into the global economy!* Caught up in the global frenzy to prove dominance in the realm of AI, the European Union which was till very recently nascent in its AI advancements, has now set up extensive AI strategies to further boost its economy. With a united stance, the European Union took the big leap in the direction of AI when in 2014 they announced the launch of Horizon 2020. The biggest EU Research and Innovation program till date, Horizon 2020 was initiated in order to develop a conducive environment for producing world-class innovations within the continent.
We live in the world of AI currently, and there is plenty of talk about what the future holds. With doubts over the future everywhere, one can predict that AI is soon going to be an imperative part of our lives. Considering the likely future impact of AI, there is a need to ensure that the right AI talent comes up and gets to the top to lead this wave of change. According to several key leaders from Huawei, this can only be achieved by changing certain approaches. As a Huawei partner and a member of Huawei's Key Opinion Leader Program, I joined three other experts conducting several keynotes at Huawei Connect in Shanghai all related to the question of how to develop talent in the AI era; Dr. Hao Lu, who is the Chief Innovation Officer at Yitu, Huang Weiwei, who is the Senior Management Consultant for Huawei, and Qian Wang, who is the Co-Founder of Mai Mai.
Britain will not develop Terminator-style machines which can kill without human command because they are unethical, the chief scientist at the Ministry of Defence said. Countries worldwide are in a new arms race to develop lethal autonomous weapons (LAWS) which can kill in a war zone without a person having to push a button. But this has sparked major fears that some countries could develop a fleet of killer robots which are not reined in by humans. Simon Cholerton, the MoD's chief scientific adviser, has revealed that Britain is'doing no work and has no plans to develop fully automated weapons'. He said that Britain will snub the new technological field even if the UK's Armed Forces are put at a disadvantage on the battlefield, because it is immoral.
How much can anyone trust a recommendation from an AI? Yaroslav Kuflinski, from Iflexion gives an explanation of explainable AI She is lying sedated on a gurney that's bumping towards the operating theater. It squeaks to a halt and a hurried member of hospital staff thrusts a form at you to sign. It describes the urgent surgical procedure your child is about to undergo--and it requires your signature if the operation is to go ahead. But here's the rub--at the top of the form in large, bold letters it says "DIAGNOSIS AND SURGICAL PLAN COPYRIGHT ACME ARTIFICIAL INTELLIGENCE COMPANY." At this specific moment, do you think you are owed a reasonable, plain-English explanation of all the inscrutable decisions that an AI has lately been making on your daughter's behalf? in short, do we need explainable AI?
You may have read our three-part introduction to HICX Solutions, on the solution provider's rapidly growing presence in the supplier information management and supplier master data space. The firm has now sponsored a "Raconteur" report looking at The AI Revolution In Procurement – its premise for doing so being that accurate, reliable, readily available and retrievable master data is the foundation for the control, transparency and efficiency that goes into making the path of digital transformation simpler. So this report – to which our own Peter Smith contributed, as did Costas Xyloyiannis, HICX founder and the subject of our interview – takes the stance that AI is coming to procurement (some might say it's already here) and outlines the opportunities it brings, along with the foundations required to make it work. It identifies five ways that AI will turbocharge procurement – we often read about the influence that AI will probably have on our procurement roles and processes, but rarely do we see laid out plainly exactly which areas will be affected and how. "From securing a better deal to early warnings on supplier risk, this is where change is coming," it announces, and then dives into P2P, sourcing, contract management, risk management and innovation and how they will be affected.
When leaders describe how advances in automation will affect job prospects for humans, predictions typically fall into one of two camps. Optimists say that machines will free human workers to do higher-value, more creative work. Pessimists predict massive unemployment, or, if they have a flair for the dramatic, a doomsday scenario in which humans' only job is to serve our robot overlords. What almost everyone gets wrong is focusing exclusively on the idea of automation "replacing" humans. Simply asking which humans will be replaced fails to account for how work and automation will evolve.
We now live in the world of AI and there's plenty of talk about what the future holds. With doubts about the future everywhere, one can predict that AI is soon going to be a key part of our lives. Considering the likely future impact of AI, there's a need to ensure that the right AI talent develops and rises to the top to lead this wave of change. According to several key leaders from Huawei, this can only be achieved by changing certain approaches. As a Huawei partner and a member of Huawei's Key Opinion Leader Program, I joined three other experts in conducting keynotes at Huawei Connect in Shanghai, all related to the question of how to develop talent in the AI era: Dr. Hao Lu, Chief Innovation Officer at Yitu, Huang Weiwei, Senior Management Consultant for Huawei, and Qian Wang, the Co-Founder of Mai Mai.
As a PR pro, what should you know about AI's impact on comms? Whether your brand is leveraging AI already, your target consumers are already engaging with it every day, through tools like Siri, Alexa, Netflix, or Google Maps. Artificial intelligence has the potential to save your company massive amounts of time and money, making your entire go to market process more efficient. But what's the best way to incorporate AI into you comms strategy? Take 6 minutes to absorb our latest video, and get critical insight from Paul Roetzer, founder of the Marketing Artificial Intelligence Institute, as he answers all the questions you may have about AI's impact on PR and marketing.
Humanity at a Crossroads--Artificial Intelligence is one of the most intriguing topics today, filled with various arguments and views on whether it's a blessing or a threat to humanity. We might be at the crossroads, but what if AI itself is already crossing the line? If we look at "I, Robot," a sci-fi film that takes place in Chicago circa 2035, highly intelligent robots powered by artificial intelligence fill public service positions and have taken over all the menial jobs, including garbage collection, cooking, and even dog walking throughout the world. The movie came out in 2004 starring Will Smith as Detective Del Spooner who eventually discovers a conspiracy in which AI-powered robots may enslave and hurt the human race. Stephen Hawking, famed physicist, also once said: "Success in creating effective AI could be the biggest event in the history of our civilization. So we can't know for sure if we'll be infinitely helped by AI, or ignored by it and side-lined, or conceivably destroyed by it."
The number one industry set be transformed by A.I. appears to be healthcare, with $400 million invested by health care companies in the technology as of last year, a figure that's projected to grow to $3 billion or more by 2020, according to data from the Beacon Center for the Study of Evolution in Action. The retail industry is close behind, with $100 million invested as of 2015, expected to reach $1.9 billion by 2020. Panelists pointed to manufacturing, financial services and government as the three followers to healthcare and retail.