The Importance Of Value Abstraction In Artificial Intelligence For Business Leaders

The same types of abstraction that we've seen in software applications and databases are fueling the rapid growth of the AI ecosystem. AI development is progressively getting partitioned into core AI (software platforms and tools) and applied AI (business applications and use cases). Core AI development is concentrated among the big technology players, sometimes called the GMAFIA in the U.S. (Google, Microsoft, Amazon, Facebook, Intel, and Apple) and BAT in China (Baidu, Alibaba, and Tencent). These players, along with open source communities, are offering vast libraries of AI software algorithms and tools accessible through APIs. For instance, speech to text translation tools are available from Google (Google Cloud Speech API), IBM (IBM Watson Speech to Text), Microsoft (Azure Bing Speech API), and Amazon (Amazon Polly).