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It may seem like something out of a sci-fi novel, bots playing a role in helping you. But, is that truly the case? Its actually become a growing reality with various industries utilizing these artificial intelligence-powered chatbots to automate tedious processes and seamlessly provide consumers with round-the-clock attention. Chatbots were limited to marketing, banking, and customer service earlier, but they established themselves in healthcare during the pandemic. The genuine interest in adopting chatbots in the healthcare sector is clear since more than $800 million has been spent by startups on developing healthcare chatbots.

"It is a matter of choice how much we get to invest in replacing workers and how much in complementing workers," said Daron Acemoglu, an influential scholar on automation at MIT. The big picture: In a way, we are in a heyday for employment. In the U.S., the jobless rate has been near a half-century low at or below 4% for more than a year. Almost anyone who wants a job -- including the stubbornly unemployed, felony convicts and workers with a drug record -- can get one. Wages, too, have been climbing beyond the rate of inflation: Since 2015, workers have carved out real pay increases every month on average, a change from the prior decade, when they routinely lost money to inflation, according to government data.

If you've always wanted to control your Shield TV using your Amazon Echo, now you can. Yes, Nvidia's set-top box has launched a dedicated Alexa skill that lets you switch it on and off, change channels, control the volume, fire up apps (like Amazon Prime Video and HBO Now), and more. The Android-powered device already integrated Google Assistant last September, making it the only streamer you can control with the rival voice assistants. In addition, Amazon and NVIDIA are buddying up to offer Dolby Atmos passthrough support for Prime Video on Shield TV. There's also a limited time deal that gets you a free Amazon Echo Dot (3rd Gen) when you purchase a Shield TV from Amazon or Best Buy through November 10th.

The role of many chief information officers is changing, as organization strategies move from data governance initiatives to artificial intelligence governance. That is placing new pressure on CIOs to take a more advisory role in what is for many is still cutting-edge technology. But this is welcome news and brings new opportunities for those that are successful. That was the message of Jean-François Gagné, chief executive officer at Element AI, at the Strata Data Conference in New York this week. Gagné spoke on the topic "From data governance to AI governance: The CIO's new role."

Audi has made a significant leap with the all-new Audi A8 premium luxury saloon. While the new Audi A8 brings with itself a host of styling and interior upgrades, the biggest headline here is the highly automated driving system, comprising of 41 individual driver assist systems. Alongside, it houses an all-new infotainment system with two touchscreen interfaces, an intelligent voice processor, self-learning navigation, and other elements like a dynamic steering wheel and active suspension adjustment. Pilot-driving on the Audi A8 The artificial intelligence-powered traffic jam pilot system in the Audi A8 incorporates radar, ultrasonic sensors, a laser sensor and surround cameras to compute an image of the surroundings and gauge proximity. It uses this data to automate starting/stopping, braking, acceleration and steering in traffic conditions at speeds of up to 60kmph.

Companies need to understand the benefits and challenges that AI can bring and how to integrate it into their strategies, but does this really mean a CAIO is needed? Other technologies such as blockchain and IoT are likely to prove highly disruptive too in coming years, will they too need a senior leader who reports directly to the CEO? You don't want to hide AI in the bowels of other departments and it will need to be a centralized department, but at the same time you don't want your C-suite swollen to ridiculous levels, with everyone working at crossed purposes. If every new bit of tech has someone fighting its corner to the CEO, they will eventually get crowded out and nobody will have a say. A Chief Technology Officer's role is to take charge of new technology.