The Encyclopedia Britannica defines artificial intelligence (AI) as "the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings." In simple terms, AI allows computers to perform tasks generally done by humans.
While much is said about what AI is, less is said about what exactly it can achieve for your company. In addition to automating workflows and tasks, AI is fulfilling functions of great importance in the daily processes of some of the best-valued companies worldwide. In fact, according to McKinsey, it is used by 56% of companies worldwide, a number that should keep growing.
Most people are familiar with some types of AI. Many people, for instance, interact with virtual assistants, such as Amazon's Alexa. Amazon developed this technology with core speech recognition and machine learning features to offer users effective interaction, as they might with a human assistant. The use of AI for voice recognition has not only managed to shake the foundations of business but has also turned our daily lives upside down, delivering new connections between man and machine.
Google has also ventured into AI. In addition to acquiring several startups working on AI technologies, Google is the creator of the TensorFlow project, an open-source library for machine learning and artificial intelligence.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/07/07/artificial-intelligence-investment-in-innovation-is-a-key-to-success/?sh=57fee2b86afa
While much is said about what AI is, less is said about what exactly it can achieve for your company. In addition to automating workflows and tasks, AI is fulfilling functions of great importance in the daily processes of some of the best-valued companies worldwide. In fact, according to McKinsey, it is used by 56% of companies worldwide, a number that should keep growing.
Most people are familiar with some types of AI. Many people, for instance, interact with virtual assistants, such as Amazon's Alexa. Amazon developed this technology with core speech recognition and machine learning features to offer users effective interaction, as they might with a human assistant. The use of AI for voice recognition has not only managed to shake the foundations of business but has also turned our daily lives upside down, delivering new connections between man and machine.
Google has also ventured into AI. In addition to acquiring several startups working on AI technologies, Google is the creator of the TensorFlow project, an open-source library for machine learning and artificial intelligence.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/07/07/artificial-intelligence-investment-in-innovation-is-a-key-to-success/?sh=57fee2b86afa
