Every day we come across a new tech buzzword - for some, it is AI (Artificial Intelligence), for others, it is IoT (Internet of Things) but how many actually understand the context of these concepts. Answer this – how are you able to read this article? That's exactly what IoT is about, connecting all devices to the internet. If loosely defined, IoT empowers all devices in the world to send and receive information, basically make them smart. Through an app, your phone is retrieving information, in this case, songs, from a source which is also connected to the internet and helping you enjoy any and every type of music in the world without having to store anything in your mobile device.

The question in the AI market is no longer about whether AI can affect the workplace and the human workforce. Instead, the raging curiosity in the market revolves around a series of interlinked questions: When will the AI Wave happen? Will robots replace the whole human workforce? What would the end result look like? Well, AI is happening right now in front of our eyes.

Contrary to popular belief, Artificial Intelligence (AI) will have a "positive impact" on workplaces as it would create new job roles besides enhancing employee engagement and decision-making, a report said Thursday. According to a Tata Communications' study based on inputs from 120 global business leaders, AI will diversify human thinking rather than replace it. As per the study, 90 per cent leaders agree that cognitive diversity is important for management, while 75 per cent respondents expect AI to create new roles for their employees, and 93 per cent believe that AI will enhance decision-making. "While AI will replace some tasks, it will also create new ways of working, new jobs and new roles in companies. AI will also help people as well as organisations become more productive. It's not man vs machine, rather man and machine working together," Tata Communications CEO and MD Vinod Kumar told PTI.

There is no shortage of debate when it comes to the use of artificial intelligence in the workplace. Some believe the technology will cost them their jobs, while others worry about security. A growing body of research, however, points to the narrative that intelligence will only diversify human thinking, not replace it. A recent study by Tata Communications, which was based on the inputs of 120 business leaders from across the world, says nine in 10 respondents agree that cognitive diversity is important for management and 93% believe AI will enhance decision making. What's more, three in four business leaders expect AI to produce new positions for their workers.

Artificial intelligence "will soon destroy millions of human jobs," warned Gerd Leonhard of The Futures Agency, a speaker at Tata Communications' CEO Summit 2016 earlier this month. "In five years most companies will have armies of very cheap, very powerful machines, connected to a smart cloud, and they will be able to accomplish so many routine processes," the Zurich-based futurist said. "Some 25 years from now machines, through cognitive computing and using vast amounts of data from humans, will do all of that kind of work." A select cluster of 60 business leaders attended the two-day conference at Coworth Park in Ascot, which both educated and provoked. It addressed concerns but also flagged up potential opportunities.

Artificial Intelligence could either lead to global mass unemployment or create new jobs that we cannot yet imagine. Artificial intelligence "will soon destroy millions of human jobs," warned Gerd Leonhard of The Futures Agency, a speaker at Tata Communications' CEO Summit 2016 earlier this month. "In five years most companies will have armies of very cheap, very powerful machines, connected to a smart cloud, and they will be able to accomplish so many routine processes," the Zurich-based futurist said. "Some 25 years from now machines, through cognitive computing and using vast amounts of data from humans, will do all of that kind of work." A select cluster of 60 business leaders attended the two-day conference at Coworth Park in Ascot, which both educated and provoked.

Artificial intelligence "will soon destroy millions of human jobs," warned Gerd Leonhard of The Futures Agency, a speaker at Tata Communications' CEO Summit 2016 earlier this month. "In five years most companies will have armies of very cheap, very powerful machines, connected to a smart cloud, and they will be able to accomplish so many routine processes," the Zurich-based futurist said. "Some 25 years from now machines, through cognitive computing and using vast amounts of data from humans, will do all of that kind of work." A select cluster of 60 business leaders attended the two-day conference at Coworth Park in Ascot, which both educated and provoked. It addressed concerns but also flagged up potential opportunities.

Artificial intelligence (AI) is rapidly and inexorably reshaping all aspects of our world. Businesses that fail to switch on to the possibilities of seismic market disruption and advancement or utilise the technology now available face being banished to history – and soon. This was the prevailing warning emanating from Tata Communications' fourth CEO summit, which gathered 50 forward-thinking delegates last week at Coworth Park in Ascot, Berkshire, to address what those present agreed is the most important topic for the future of humanity. But given the welter of content on offer about the subject, many business leaders are suffering from "AI fatigue", unable to decide how seriously to take this nascent age of machine intelligence and uncertain how to unlock its potential. Gerd Leonhard, a session leader at the summit, thinks businesses of all sizes need to transform their approach and culture from the top down.

Artificial intelligence (AI) and a world in which machines threaten humanity's status quo has been the preserve of science fiction for decades. In the Eighties, Terminator was set in a post-apocalyptic world in which cyborgs rule, RoboCop's protagonist was part-man, part-machine and Short Circuit toyed with the idea of robots developing human-like minds, with rather more endearing results. The reality is the bot has bolted. AI is walking and talking among us. In 2016, we use voice-recognition systems, driverless cars are being trialled and robotic hotel receptionists work in Japan.

One of the joys of my role is having plenty of opportunity to talk about interesting topics with a diverse spread of well-informed people. Over the past couple of days, at the Tata Communications global CEO Summit, I encountered just this sort of opportunity in spades. We gathered some 50 CEOs from a range of industry-leading companies from retail to manufacturing, to take on one of the most topical discussion areas in business at the moment: the role of Artificial Intelligence (AI). When such a diverse group of business leaders gather to discuss a topic so vital to our future, then we can be certain of some fresh and invaluable revelations. The building blocks of connectivity and cloud are already in place, and – as we heard from our own Sentient Technologies – AI is already changing industry dynamics from healthcare, to financial services, banking and retail.