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) …
While dating and personal ads have been around for decades, the way we meet the people we date has changed dramatically in the last five years. Dating apps such as Tinder have captured a large portion of the online dating market. These apps, but especially Tinder, have transformed the way we represent ourselves online when we date. Men are likely to signal specific resources or potential for acquiring resources, while women are more likely to signal pro-social behaviours such as benevolence, charitable work or virtue, researchers found. While attractiveness is important, users are actually signalling much more than just stereotypical looks.
Walmart delivered another blockbuster quarter fueled by strong online sales growth and an uptick in its food business. The Arkansas-based company said e-commerce sales surged 50 percent in the fiscal third quarter, while same-store sales were up 2.7 percent. The world's largest retailer has been pursuing a digitally focused growth strategy for the last year, which includes an aggressive push into online grocery and increased capital spending on digital supply chain capabilities and in-store technology. Walmart chief executive Doug McMillon noted that a series of strategic initiatives paid off last quarter, including expanded online grocery pickup, and the launch of mobile express returns. McMillon also highlighted the company's use of aisle-roaming robots to improve out-of-stock issues and price discrepancies in its stores.
Despite what Hollywood suggests, AI won't mean the end of the world. In fact, it promises a bright new future. Elon Musk is probably one of the most famous technologists on the planet today, so when he voices fears of artificial intelligence (AI) running amok, by telling state leaders in the U.S. that AI poses an existential threat to humanity, people listen. After all, we have already been conditioned by science fiction to equate AI to the robot revolution, when machines surpass humanity and either take over the world or simply destroy it. The reality of AI, however, is far more mundane.
From predicting who would or wouldn't be a good fit, eliminating bias at the initial screening stage, scheduling interviews, communication with candidates regarding their application, even parts of the interview process – many things can be handed over to Artificial Intelligence (A.I.) nowadays and be run as well as, if not better than, a human could. There seems to be fewer and fewer things Talent Acquisition (TA) professionals actually get to do. Indeed, according to research from Talent Tech Labs, 95 percent of recruitment is predicted to involve some form of A.I.in the next two years. But whilst it might seem that you are getting squeezed out of your own role by your friendly robotic helper, in truth TA professionals just need to start filling in the gaps that have opened up now that so much busy work is being relinquished to computer programmes. So what are those gaps we need to fill?
It is no coincidence that Artificial Intelligence and Machine Learning are used or will be used for such technologies that will define how the real future of many industries. However, one can not and should not talk about the future, but of the present. In the field of communication and marketing, a lot of algorithm-based tools can be used daily, which can suggest the best thing to do, lighten up the work, or be able to help us in more basic tasks, writing a message in the best possible way. Think also of customer care services, which in many cases consist of real chatbots that can answer many different questions or needs. The artificial intelligence has come to our lives for some time now, even outside the scope of work, if you think of apps that we listen to music, play online, or allow us to get in touch with our friends.
Will it be entirely automated by smart AIs that fully understand human nuance? Will it be entirely manual and managed only by individual people without the aid of technology? As we'll discuss shortly, the top influencers in marketing put their heads together on this very topic, and the results may surprise you. In any case, it's safe to say that marketing probably isn't going back to the old days of billboards, newspapers, and radio spots. The numbers don't lie: the future of marketing is definitely digital.
Intuit recently announced QuickBooks Capital, a new small business lending product that provides users of QuickBooks access to small business loans up to about $35,000. This new service's lending process is done algorithmically and from within QuickBooks itself. Thanks to big data and machine learning techniques, most borrowers will know whether or not they are approved for a loan in just a a few minutes. Lack of credit is consistently one of the top challenges for small businesses. And for new businesses (those that have been in business less than 5 years), the challenges are even greater.
In the economy of heterosexual online dating, where thumbs wield the ultimate power over a person's love life, height appears to be an immensely valuable currency. The listing of height in dating app profiles has become so prevalent, that many swipers come to expect it, and sometimes hypothesise when it's been omitted from the profile. In my own experience, I have grown to attach a great deal of importance to the feet and inches in a person's bio. As I idly swipe through Bumble, I will scroll through a dater's photos before perusing their bio, searching for a number that might dictate the crucial decision: to swipe left or right? I'm 5ft8, and I often swipe left (which means no) on men under 6ft.
You would be forgiven for thinking that your private conversations were just that, but Google's Voice Assistant could be recording everything you say. The feature is designed to allow users to talk to enabled gadgets to search the web, launch apps and use other interactive functions. As part of this process, Google keeps copies of clips made each time you activate it, but it has emerged that background chatter could be enough to trigger recording. You would be forgiven for thinking that your private conversations were just that, but Google's Voice Assistant could be recording everything you say. This will enable you to see all the information Google has stored on the history of your account.
Alibaba's sales from Saturday's Singles Day event exceeded 25 billion dollars, more than quadruple what Americans spent last year during Black Friday. While the majority of those sales undoubtedly came via online purchases, the company also quietly experimented with an AI-powered project designed to woo offline shoppers. FashionAI was developed by Alibaba researchers in order to provide a recognizable interface for customers to use while trying on clothes. It's a basic screen interface that uses machine-learning to make clothing and accessory suggestions to customers based on the items they are trying on. There's no camera; it uses information embedded in the item's tag to make the recommendations.