Archive for June, 2017

AI and the Costs of Late Adoption

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The McKinsey Global Institute has released an 80-page “discussion paper” entitled Artificial Intelligence: The Next Digital Frontier?

 Needless to say, the question posited in the title is a straw man, as the research results indicate clearly both the current rush toward AI-powered innovations and the business advantages early adopters are experiencing. The report is appropriately wide-ranging, covering the dynamics of profit gains for early-mover enterprises, estimating “windows of opportunity” in the market and the capabilities required to seize them, and, not ...

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McKinsey on the State of AI and the Costs of Late Adoption

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The McKinsey Global Institute has released an 80-page “discussion paper” entitled Artificial Intelligence: The Next Digital Frontier?

Needless to say, the question posited in the title is a straw man, as the research results indicate clearly both the current rush toward AI-powered innovations and the business advantages many early adopters are experiencing. The report is appropriately wide-ranging, covering profit-boosting for enterprises, estimating “windows of opportunity” in the market and the capabilities required to seize them, and, not least, considerations of re-skilling ...

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AI: the new Electricity?

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Andrew Ng, formerly AI lead at Baidu, now adjunct professor at Stanford offers a concise, 3-minute overview of his views of “AI as the New Electricity.” He combines a bit of history with some interesting rules of thumb on what currently-human tasks will be AI-able and with a projection of which fields will be first to broadly adopt AI approaches.

Listen to Prof. Ng’s assessment of the progress of the AI market at WSJ Video: http://www.wsj.com/video/andrew-ng-ai-is-the-new-electricity/56CF4056-4324-4AD2-AD2C-93CD5D32610A.html

 

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