What one technological development has the greatest immediate potential for business leaders? I'll give you a hint. Powerful though all those can be, I've found the actual answer to be something much more fundamental; effectively recording, holding and reporting valuable information. I have been a data practitioner for five years and the more I engage with clients, the more I've learnt that it is very common for business leaders to not have effective management information (MI). They could have access to huge amounts of data, but struggle to turn it into meaningful and actionable insight.

Since the early eighteenth century, it has taken four industrial revolutions to reshape our social, cultural, economic and human environments. Now we are living through the fourth industrial revolution, which represents a fundamental change in the way we live, work and relate to one another. It is a new phase in human development, enabled by extraordinary technology advances, ubiquitous, mobile supercomputing, intelligent robots and assistants, autonomous cars, neuro-technological brain enhancements, predictive analytics, genetic editing and much more. The evidence of histrionic change is all around us and it's happening at an accelerated pace. Every industrial revolution introduced new skill sets, set echelons of expertise as well as defined strata of requisite experience, so the same is expected from the fourth industrial revolution.

Artificial Intelligence (AI) is not considered just an emerging technology with a bright future, it is indeed a robust growing platform, impacting several industries and touching numerous spheres of life. AI algorithms need enormous volumes of datasets to be trained appropriately, after which the system can not only decipher pictures, such as recognizing a dog is a dog or differentiating a chair from a table, it can also generate original images and create exceptionally amazing artistry of quality associated with those of Picasso or Michelangelo. AI model that makes it possible has matured substantially over the recent years and it produces perfect output for certain applications but needs more refinement in other cases. Computer scientists have spent around two decades to teach, train and build machines which can visualize the world around them, a normal skill that humans take for granted, yet it's one that's highly challenging to train a machine to do, kudos to artificial intelligence for making it possible!! Two major ground-breaking improvements in AI image processing have been facial-recognition technology in both retail and security, as well as image generation in all fields of art. The commercialized usage of facial recognition technology is to improve sales and marketing of products including efficient targeting of audience.

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