No matter what the business, Artificial Intelligence (AI) is going to have an impact. It is changing the way consumers consume, changing the way companies create and changing the way industries generate value. It is also improving how givernments function including both service to citizens and national security missions. The bad news is that AI is also being used by criminals and hostile governments. It is a component of the rise of cyberwar and the growing cyberthreat.
C-suite executives and members of boards are rightly concerned with assessing what about AI they should accelerate into their companies and what impact it should have on their firms to beat the competition in delivering value.
Frank Chen of a16z is one of the great visionaries and explainers of artificial intelligence, especially around the AI with potential for real business impact. This video on “Artificial Intelligence: What is working” captures his thoughts on the current golden age of AI (which is really more accurately described at machine learning, deep learning and other distributed computing).
Like every golden age, there is promise and peril to be seen. And there is a need to determine what is hype and what is real. There is also a need to know what is actionable and relevant now and what is coming in the future. All of this is captured by Frank in this succinct video:
This video hits so many hot topics. The bottom line: AI has come roaring out of the research labs and is in business now. Now it is your turn to decide what to do with AI inside your organization.
You can find more insights into the nature of this critical megatrend in the CTOvision section on Artificial Intelligence. And track the most important tech concepts for C-suite executives at The Boardroom.