Andrew Ng: Why AI is the new electricity The Dish

When you ask Siri for directions, peruse Netflix's recommendations or get a fraud alert from your bank, these interactions are led by computer systems using large amounts of data to predict your needs. The market is only going to grow. By 2020, the research firm IDC predicts that AI will help drive worldwide revenues to over $47 billion, up from $8 billion in 2016. Still, Coursera co-founder ANDREW NG, adjunct professor of computer science, says fears that AI will replace humans are misplaced: "Despite all the hype and excitement about AI, it's still extremely limited today relative to what human intelligence is." Ng, who is chief scientist at Baidu Research, spoke to the Graduate School of Business community as part of a series presented by the Stanford MSx Program, which offers experienced leaders a one-year, full-time learning experience.