AI: 5 Things Every CEO Should Know - Shelly Palmer

Machine learning, AI, cognitive computing, natural language understanding, image recognition, pattern matching, autonomous devices – these are just a few of 2017's loosely defined catchall phrases. But in practice, they each refer to a significant field of study that is guaranteed to have an impact on the way people live and how business is done. If you do not have strict, well-enforced data governance policies, your various units are busy making a data mess that you will eventually have to clean up. Each unit has any number of projects in the works. Their competitors are making apps and creating systems designed to reduce friction and reduce costs wherever possible.