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14 Incredible Artificial Intelligence Pioneers Everyone Should Know About
Every year, the World Economic Forum reports on technology pioneers from around the world. As you might expect, this year, many companies use artificial intelligence (AI) and machine learning at the core of their business to deliver innovative products and service offerings. Anyone interested in AI should know about these 14 pioneering businesses. BenevolentAI This London-based company was founded in 2013 and operates under two business units: BenevolentTech’s focus is to develop the artificial intelligence platform that will drive innovation by transforming the way scientists access and use the information available to them. BenevolentBio is the division that applies the [...]
Artificial Intelligence In Automotive Industry: Surprisingly Slow Uptake And Missed Opportunities
The automotive industry is one of the most high-tech industries in the world – so a headline finding in a report published this week was, on the face of it, somewhat surprising Capgemini’s report – Accelerating Automotive’s AI Transformation – found that during 2018, the number of companies in the industry deploying AI “at scale” grew only marginally by 3%. This reflected that just 10% of respondents surveyed said that their organisations were deploying AI-driven initiatives across the entirety of its operations "with full scope and scale, " during 2018, compared to 7% in 2017. The relatively slow pace of [...]
Marketing KPIs: How To Measure Customer Engagement
Many of today’s most successful companies focus on engaging their customers by positioning their brands and products in their lives rather than by concentrating just on the classic advertising and selling model. With this shift, marketing initiatives change and customer engagement KPIs move to the forefront. What is customer engagement? Customer engagement focuses on regular interactions, communications or any other means of creating a relationship between an organisation and its customers. An engaged relationship can take lots of different forms and can include, among many other things: consuming content such as regularly reading a blog, vising a website or watching [...]
7 Amazing Examples Of Computer And Machine Vision In Practice
Even though early experiments in computer vision started in the 1950s and it was first put to use commercially to distinguish between typed and handwritten text by the 1970s, today the applications for computer vision have grown exponentially. By 2022, the computer vision and hardware market is expected to reach $48.6 billion. It is such a part of everyday life you likely experience computer vision regularly even if you don't always recognize when and where the technology is deployed. Here is what computer vision is, how it works and seven amazing examples in practice today. What is Computer Vision (CV)? [...]
7 Job Skills Of The Future (That AIs And Robots Can’t Do Better Than Humans)
When I talk to people about AI (artificial intelligence) and the 4th industrial revolution, I often get asked what skills we should develop to prepare ourselves. My answer is twofold: First, it’s important to understand the developments in AI and technology. Learn about the advancements being made and understand what AI can do. And second, focus on building the skills in areas robots can’t do well. Jobs AI can do better than humans While AI is making exponential advances year after year, the popular media often like to exaggerate what it is capable of for the sake of eye-catching headlines [...]
Facebook And Apple Are Serious About Augmented Reality
When Facebook and Apple make extraordinary investments in new technology like they are with augmented reality, you know it's something to pay attention to. Both companies have made it clear recently that they are committed to developing, testing and implementing augmented reality technology. Apple is more focused on creating tools for the development community while Facebook's strategy is making AR available to the masses. What is augmented reality (AR)? Augmented reality is the technology that puts virtual objects into the real world either through an AR headset or by using the camera on a phone or tablet. Users then interact [...]
Is Artificial Intelligence (AI) A Threat To Humans?
Are artificial intelligence (AI) and superintelligent machines the best or worst thing that could ever happen to humankind? This has been a question in existence since the 1940s when computer scientist Alan Turing wondered and began to believe that there would be a time when machines could have an unlimited impact on humanity through a process that mimicked evolution. When Oxford University Professor Nick Bostrom’s New York Times best-seller, Superintelligence: Paths, Dangers, Strategies was first published in 2014, it struck a nerve at the heart of this debate with its focus on all the things that could go wrong. However, [...]
The Top 4 Finance KPIs Every Business Must Be Tracking
The key performance indicators (KPIs) and metrics I help companies develop are determined because they help that company monitor its specific strategy. However, regardless of your business model, industry, or unique selling proposition, every company needs to monitor financial metrics. While your business might adopt additional financial metrics, these are the top four financial KPIs that should be monitored by every company to be effective. Sales/Income Often referred to as the “top line” because it’s the top line of the income statement, every company needs to watch how much revenue is generated by sales and business activities. When you look [...]
What Is The Internet Of Things (IoT) In 60 seconds?
They are all everyday objects that can be connected to the internet and be recognised by other devices and contribute info to a database. The Internet of Things describes Internet V.2, where data is created by things. It’s only the beginning for the Internet of Things While some would argue IoT got off to a rocky start with a lower adoption rate than was predicted, most would agree the IoT is growing and will continue to grow in 2017 and beyond. Whether it reaches the lofty predictions of 50 billion connected devices by 2020 remains to be seen, but I [...]
Internet Of Things (IoT): 5 Essential Ways Every Company Should Use It
The Internet of Things (IoT) means everyday objects are now creating data and connecting to the internet. The result is more data - a lot more data. Data we can use in ways we could not have imagined even 10 years ago. Watches now monitor our sleep and keep track of our activities, TVs understand what we say, golf clubs tell us how to improve our swing, and cars, planes or ships make autonomous journeys. Today, we have about 15 billion IoT devices. By 2020, it is predicted that the number will grow to between 50 and 70 billion devices [...]