Crowdscanning: The future of open innovation and artificial intelligence

#artificialintelligence 

Imagine a future where the CEO of a manufacturing firm turns to his Chief Innovation Officer and asks: "Bob, how can we innovate on our product and save 10 per cent of production cost to stay competitive against low-cost firms?" So far this seems to be a normal conversation that occurs daily across organisations around the world. Except that'Bob' is really an AI computer program on the CEO's iPhone. A study from Oxford University says that A.I. will replace up to 45 per cent of jobs within 20 years. There is a lot of talk about how such intelligent systems and chatbots will eliminate low level jobs, customer service and repetitive tasks.

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