3 Questions to Ask to Identify AI Impostors - Indico

In the technology industry, it's not unusual for vendors to want to latch on to the latest trend and claim to have a product or service that fits the category. Artificial intelligence is no exception, which means customers need to be vigilant about querying vendors to ensure their technology can really be classified as AI at all, if not intelligent process automation (IPA) specifically. The London-based venture capital firm MMC found that of 2,830 startups in Europe that were classified as AI companies, only 1,580 – about 56% – actually offered AI technology. "We looked at every company, their materials, their product, the website and product documents," David Kelnar, head of research for MMC, told Forbes. "In 40% of cases we could find no mention of evidence of AI."