Are we really ready to trust in AI?

Artificial Intelligence (AI) is dividing the world. Heralding the fourth industrial revolution, is AI a force for good, boosting the UK economy by 10 per cent over the coming decade as predicted by PwC, or the beginning of the end for a raft of manual and knowledge workers? Given the catchall nature of technologies apparently falling within the AI definition, it is hard to validate any predictions right now. AI is not some magic wand that will eradicate manual tasks or transform day-to-day operations – it is simply another step forward in harnessing huge data resources to better understand the business and hence drive new efficiencies. And that is where the problem lies.