The A in AI Stands for Assisted - theceoviews

AI is a powerful paradigm that cannot be ignored; it will reshape industries and enterprises around the globe. McKinsey estimates that "the adaptation of currently demonstrated automation technologies could affect 50 percent of the world economy, or 1.2 billion employees and $14.6 trillion in wages – China, India, Japan, and the United States--account for just over half of these totals." This promise is compelling, the ability to automate higher order work functions with a digital rather than human workforce is a disruptive force, and tho there are pros and cons, the reduction in costs and increase in efficiency, consistency and transparency is attractive. At Smartlogic, we think the'A' in'AI' would be more representative of today's machines if it stood for'Assisted' (rather than'Artificial') but we don't get to choose the words, so we will use the term AI. Assisted is more appropriate as it suggests a collaborative interplay between humans and machines (which are of course themselves a combination of various bits of hardware, software and networks).