When it comes to AI based innovation, companies the world over are vying for competitive advantage. However, when it comes to gaining the upper hand, many have written off European companies solely on the basis of stricter privacy laws. But is this really the case? Or could a privacy focused attitude be the secret to winning the AI race? Michael Ingrassia, president and general counsel at Truata tells us more.

There is a general consensus that artificial intelligence's impact on the daily lives of consumers today represents a tip of the iceberg of what is to come in five years or more. In fact, for 36% of those questioned in a recent global survey by ARM designs in collaboration with Northstar Research Partners, 71% predict that in five years AI will have a far more noticeable impact on their lives while 100% feel that by 2027 the impact will be far greater. With 61% of those surveyed believing that society will become better from increased automation and AI, about 22% believe it will worsen certain aspects of our society. The survey sought a global consensus of 3,938 consumers interviewed through an online survey, who had some understanding of AI and found that just over one third of people now think AI is already having a notable impact on their daily lives. "The bottom line is no matter where you look in the world, people understand and appreciate the value that AI technology is delivering and what it might deliver in the future. As a result, they want it stitched much more deeply into their digital lives. This tells me the killer-robot scenario is fast being relegated to the cutting-room floor and the outlook for AI is good," Simon Segars, CEO, ARM.

Artificial Intelligence (AI) is all around us, and has been for many years. I recall the juxtaposition of the Robotic Manufacturing Plant in Tomahawk, WI, for Harley Davidson where robotic arms spit out windshields at a rapid pace, while down the road Harley had an antiquated plant where managers had to deal with the humans. I worked in the server rooms for both, covering desktop support (humans) at the old plant, and supporting the robots (AI) at the new plant. The robots rarely broke down and the production was predictable, compared to the drama of human workers who would create mistakes so they could take a break from the hot production line. It was here I learned that AI was coming, and coming for everything soon.