Why you should invest in AI talent now

LAS VEGAS – "Mark Minevich didn't mince words in his Rise of the Autonomous Enterprise presentation here at Interop last week: "Whoever doesn't get involved in AI will die and get phased out." Minevich, a senior advisor to the government's Council of Competitiveness in Washington D.C., ticked off several examples of companies that have transformed industries by leveraging AI technologies, including Amazon with its personalized recommendations and Tesla. "Tesla has accumulated over 750 million miles of data to make cars smarter," said Minevich. The good news is that the U.S. is widely viewed as a leader in AI. Minevich said there's more AI investment in Silicon Valley, for example, than anywhere else in the world and it's growing. Last year estimates put AI investments at $2.5 billion, a figure that's forecast to double to $5 billion 2017. Pointing to forecasts by consulting giants Accenture and McKinsey, Minevich said "AI will deliver a massive trillion-dollar economy and the U.S. ...