Key players and experts from the artificial intelligence realm gathered in Dubai on Wednesday at the start of Artelligence - The Artificial Intelligence Forum 2018 - to discuss various topics surrounding the technology and how societies can benefit from it. AI investments in the UAE is expected to hit Dh33 billion in 2017, with the figure growing over 70 per cent over the past 3 years. Business Insider says the government would be using AI to account for around 50 per cent savings in costs. "You need to get your feet wet with AI," Wesam Lootah, chief executive officer of Smart Dubai Government, said in his keynote speech. "AI is not something for tomorrow; it's available today.
Chatbots are computer programs that are purposed to offer auditory services. They are governed by a set of rules and artificial intelligence which establish a friendly human interface to chat, answer questions and other functionalities. As a result, individuals and enterprises acquire unlimited benefits, including revolutionizing customer service space.
A common goal among companies in today's data-driven world is to become smarter--to know where the market opportunities lie, where supply chain logjams are and where process improvements can be found. Data science has been the fuel behind this trend, and now data science is itself becoming smarter. Thanks to astonishing advancements in artificial intelligence (AI) and its sub-segments machine learning and deep learning, companies are achieving new levels of efficiency in data analysis that impact their entire business. The rising tide of AI adoption across industries will drive significant growth in the next decade, with AI software revenue set to reach almost $90 billion by 2025. AI's presence is tantalizing to data scientists and business managers alike who seek to let machines do the number crunching to make the business smarter on a holistic level.