If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
"There has been a dramatic increase in work in the last five or six years, coming from the exponential data explosion and an increase in audit regulation bureaucracy," Neil Kinson, chief of staff at enterprise process automation provider (and long-time SAP partner) Redwood Software, said in ZDNet last week. "The automation is being created to solve that problem, rather than to cut costs, [and] a lot of organizations are applying automation just to cope." And we may have only spotted the tip of this iceberg. "We'll see more innovation in the next two years than we have in the last 10 years, all driven by AI," Rod Drury, CEO and founder of New Zealand's cloud-based accountancy software provider Xero, said in Business Insider on Monday. "We're getting a fantastic hit because the fintech space is a relatively small domain with massive amounts of data, and it's inherently high value."
SAP SE is exploring augmented reality and intelligent assistant software in initiatives intended to boost employee productivity, according to new SAP CIO Thomas Saueressig, who at 31 is the youngest CIOworking for a global 2000 company. More productive employees will ultimately improve the business software maker's ability to serve customers, one of the German company's core tenets. "I fundamentally believe that the new generation and the expectations of our customers and our employees are changing so significantly," says Saueressig, who took over for Helen Arnold on May 1. "And we need to shift our focus purely on the end-user [employees and customers]." Saueressig is something of a rarity among first-time IT leaders. As a millennial, he is a member of a generation HPE CEO Meg Whitman describes as as supremely confident if not entitled.