Harnessing AI to Achieve Value-Driven Business Outcomes - RCG

When you mention AI, many people jump to IBM's Watson or a massive computer with super complex algorithms built by a group of scientists. In reality, AI is already everywhere, with many people not realizing it is there. For example, this very blog was built using Office 365 built-in AI such as Editor for correcting grammatical errors, and we used MS Teams video conferencing to perform the final review where the background was blurred out allowing participants to focus on the discussion and not what is going on in the background. In your personal life, AI is present in places such as Gmail auto-suggesting responses, or in the Pinterest LENS tool where you can take a picture of that amazing wood furniture and find similar tables and even help find a custom woodworker to build the amazing table. As you can see, AI is everywhere, and a study by PwC estimated that global GDP would increase 14 percent by 2030 as businesses adopt AI, contributing an additional $15.7T to the worldwide economy Source. Before discussing the power of AI, we will provide a brief description of AI and the associated technologies: Machine Learning: training the computer system by a human to identify patterns in data and perform an expected action or decision.