Artificial intelligence: Three common misconceptions

Artificial intelligence (AI) holds immense promise for the business community. Its advancement, alongside other critical innovations in the Internet of Things and Big Data, is transforming how we work and live. Its real potential from a business perspective lies in its ability to unlock insight from data to influence smarter decision making. This potential is so significant that Forrester predicts that investment in AI will increase by 300% this year alone. However, AI is often misunderstood and even maligned.