How artificial intelligence will transform your business

The next industrial revolution Australian businesses will face won't be based on mechanisation, engineering or globalisation. Instead, it will be the rise of automation and artificial intelligence (AI) systems that will power the next great business push. AI is fast becoming a necessity in the business world and organisations are increasingly adopting AI to solve long-standing issues within their industry. Just last month, KPMG revealed they would be using AI to complete audits in Australia, which they anticipate will enable them to analyse bigger batches of data rather than relying on traditional sampling techniques. Taking tasks which usually require human intelligence and delegating them to machines has significant impact on business activities, including productivity, efficiency and even the way job roles are defined. But what really is AI?