AI in Business: The Transfer of Expertise from Internet Companies to the Enterprise

Hyperscale internet companies have leapfrogged several levels of machine learning with increasing automation in data processing and modeling sophistication since 2015. The enterprise, with a few exceptions, has been lagging in adoption of artificial intelligence but sees, in internet companies, partners who can help it to catch up. The prospective enterprise users of machine learning have a long way to go to match the talent pools, computing prowess, scale, and the data volumes for training algorithms that internet companies have accumulated, especially over the last four years. In many verticals of the enterprise, the business processes have not been digitally transformed for the automation of data processing and the instant execution of business decisions based on insights gained from artificial intelligence. Moreover, several of the verticals do not yet have well-defined use cases that lend themselves to the profitable execution of artificial intelligence.