ARTIFICIAL INTELLIGENCE: A SKYNET FUTURE OR THE GREATEST STORY OF HUMANKIND? Networks Asia

Technology has accelerated human progress to unprecedented levels. Three centuries ago, the first industrial revolution altered society with the introduction of machines that have since become factory fixtures and key instruments in the manufacturing process. Today, technology is once again bringing humanity to the precipice of a new era, typified by the rapid digitalization of core operations across sectors. Now, more than ever, technology is taking center stage and transforming work in the new digital economy. While technologies were mostly relegated to support functions in the recent past, the age of the digital economy redesignates the role of modern technology as a business enabler, with progressive technologies such as blockchain, the Internet-of-Things, Big Data, Virtual Reality, and Artificial Intelligence (AI) quickly altering work paradigms in modern enterprises across a multitude of industries. The rising number of progressive technology use cases each day translates to a pressing need to reassess companies' fundamentals.