Artificial Intelligence (AI) has been hugely transformative in industries with access to huge datasets and trained algorithms to analyze and interpret them. Probably the most obvious examples of this success can be found in consumer-facing internet businesses like Google, Amazon, Netflix, or Facebook. Over the last two decades, companies such as these have grown into some of the world's largest and most powerful corporations. In many ways, their growth can be put down to their exposure to the ever-growing volumes of data being churned out by our increasingly digitized society. But if AI is going to unlock the truly world-changing value that many believe it will – rather than simply making some very smart people in Silicon Valley very rich – then businesses in other industries have to consider different approaches.
Nov-25-2021, 13:06:58 GMT