As someone who struggled for years to manage my emotions effectively, I can attest to the incredible impact that emotional intelligence can have on our lives. Growing up, I was quick to anger and struggled to control my impulses. I was in a lot of chaos with my friends, family and colleagues which lead to losing my job, that made me devastated and angry. I hated the way my emtions took hold of me until I began focusing on developing my emotional intelligence that I was able to turn my life around. Emotional intelligence, or EI, is the ability to identify, understand, and manage our own emotions, as well as those of others.

Yuxin Guo is a master's student studying at a Beijing University. For a few months, she had been following online discussions about ChatGPT, the generative AI tool that produces almost natural-sounding language in response to text prompts. One video she found on social media platform Weibo showed how college students in the US were using the technology to write research papers. In February, she finally decided to try it out for herself. "I got curious because so many people are talking about it," Guo says, "although not a lot of people seem to clearly know how to access it."

One in five enterprises sees modernizing its data infrastructure for AI as the top AI initiative to ... [ ] gain a competitive edge today. These and many other fascinating insights are from Deloitte Insights' Survey: State of AI in the Enterprise, Third Edition: Thriving in the Era of Pervasive AI. A PDF of the study is available for download here (28 pp., PDF, no opt-in). Deloitte surveyed 2,737 IT and line-of-business executives between October and December 2019 from nine countries. To qualify for the study, all responding executives needed to have experience evaluating, budgeting for and implementing AI investments.

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AI or Artificial Intelligence is a buzzword across the world these days. Several industries are prospering with AI implementation, and many others are gearing up to adopt this latest technology to start a journey of steady progress. Accurate executions and quick operations with automated labor-intensive procedures are helping the companies to get their work done at low cost and in less time. Companies are using Artificial Intelligence to better understand their consumers and gauge their behavior and preferences by analyzing the available data. This allows them to optimize their offerings and prices accordingly.

AI or Artificial Intelligence is a buzzword across the world these days. Several industries are prospering with AI implementation, and many others are gearing up to adopt this latest technology to start a journey of steady progress.

Real-world AI deployments surged over the past year as companies sought to remain competitive during the coronavirus pandemic, according to a new study released today by KPMG. However, even as they expanded and accelerated their AI projects, organizations expressed concerns about ethics and bias, and suggested AI might be getting ahead of regulations. KPMG's study, called "Thriving in an AI World," replicates a study conducted before COVID-19 upended our world a year ago. That provided KPMG Principal of AI, Traci Gusher, a convenient baseline to test how AI deployments have been impacted by COVID-19. "Over half the business leaders that we talked to said that AI is at least moderately to fully functional in their organization, which is a significant increase," Gusher says.

AI solutions are proliferating, from custom offerings to enterprise applications to devices with embedded capabilities. However, this year's Deloitte AI survey found a growing awareness of the associated risks and wide variation in companies' preparedness for mitigating them. Over the past few years, more and more companies have been experimenting with AI, advancing their data-related capabilities, acquiring new technologies and talent, and integrating AI into their business processes. In coming years, AI will likely become even more pervasive. Just as companies no longer talk about isolated mobile strategies--they're just part of doing business--AI will soon become standard and routine, maybe even sooner than expected.

Many in financial services are trialing artificial intelligence (AI) applications, with projects increasingly sophisticated in methodology and ambition. WatersTechnology, in partnership with SmartStream, recently convened a Chatham House-style discussion with industry technologists to discuss their hopes for AI as well as the practical and ethical challenges to greater adoption. While the world of AI grows ever wider, one constant has shown through as firms inch closer to implementation--gambits with a strong data orientation will thrive, and those without will not. Banks and asset managers experimenting with AI have come through the early stages with enthusiasm, but, as with the peloton in the Tour de France, they are beginning to feel some strain in their legs. For many, arduous new terrain still awaits before reaching the finish line. As one contributor to the WatersTechnology/SmartStream discussion described it: "The struggle at the moment remains being able to articulate a business case for AI; hence the reason people are doing more proof of concepts to trial it--to help define the business case, to then move forward with its applicability within the industry."

This week, we caught up with Sean Culey, Author of "Transition Point: From Steam to Singularity" and Keynote Speaker on Thriving in the Digital Age: The Need for a Copernican Business Revolution at the upcoming Internet of Manufacturing UK event, taking place in Farnborough, May 14-15. Sean is a global keynote speaker on the topic of disruptive technologies and their impact on supply chains, businesses, the economy and society. He is the author of'Transition Point', a detailed look at the causes of technological disruption and the impact it has on our society, and how the current wave of technological change will completely disrupt our business models, economy and society at large. Sean is also the author of numerous articles published in magazines such as Forbes and The European Business Review. What are the key technologies that you believe will transform industry over the next 5 years?