What Artificial Intelligence and Machine Learning Can Do--And What It Can't

In my last post, I wrote about Artificial Intelligence (AI). When I last wrote about AI, I focused on the technological side: what is a part of an AI system and what isn't. However, there is another question which might be more important; what are we doing with AI? Part of my job is to help investors looking at AI companies with their due diligence. I have discussions with them about companies they might want to invest in. Through this process, I have observed how every company pitch is full of content on how they are using AI to solve a business problem.