There is no doubt that machine learning (ML) and artificial intelligence (AI) have the power to accelerate digital transformation, but businesses are just beginning to realise the potential opportunities offered by AI and associated technology. AI is being used to predict outcomes, automate decisions and open up new avenues for generating revenue. Driving efficiencies and digitally transforming organisations of all shapes and sizes. So, if AI isn't part of your digital transformation yet, it should be. Kortical, who use AI to build AI, enabling organisations to build, explain and deploy world class, enterprise grade machine learning and artificial intelligence models, are at the forefront of this trend.

There could be a time in the not too distant future whereby AI has replaced many of our jobs, but rather than mean we are all out of work, such a move would allow us to focus on doing more meaningful jobs that don't need to have an impact on the economy for the world to still operate. "You always see jobs opening up in previous industrial revolutions, but I think at some point AI is going to be capable of doing pretty much anything," explains Dr Alex Allan, the CTO and founder of AI London startup Kortical to Pocket-lint in an interview for the Pocket-lint podcast. "The potential advantage of that is that the cost of living could go to virtually nothing for everyone. Imagine if you have an AI doctor in your phone that could be just as good as a GP? It means anyone in the world who has got a smartphone, which is more than 50 per cent of people, would have access to healthcare. "There will be challenges of how we transition from a society where everyone has to have a job, to one where potentially you might not need that many jobs that directly influence the economy.

Implementing AI can be costly for smaller businesses; Kortical aims to bring this technology to smaller organisations Artificial intelligence or AI is big news in business, but AI is still a growing technology and there are not enough talented data scientists to deliver all the projects that currently exist, never mind develop the projects of the future. Tech talent in this area tends to go to the businesses that have deep enough pockets to attract the best, but does that mean that other organisations have to miss out? "AI is not a bubble, it's a technology that is delivering real value today" Dr Alex Allan, co-founder, Kortical Not according to Andy Gray and Dr Alex Allan, co-founders of Kortical, a business that helps bring AI to the masses. "We saw the opportunity to create a platform that could help people that were not AI experts to be able to create AI models as well as let expert data scientists take on more projects with a tool that would increase their productivity," says Mr Gray. AI's applications are many and varied, whether in simple chatbots or complex systems managing robotics. From basic automation, to free time for busy employees to powerful intelligence that can perform tasks faster than teams of people, businesses around the world are experimenting with how AI can help them do more, faster, and cheaper, than ever before.