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Resources

Artificial Intelligence and Machine Learning – in your business.

Resources

Artificial Intelligence and Machine Learning – in your business.

This page was last updated on March 15, 2019

Artificial Intelligence (AI) is being likened to a “Fourth Industrial Revolution” because of its potential for creating profound change in people’s lives, much as the invention of steam engines (First Industrial Revolution), electricity and mass production (Second Industrial Revolution), and the rise of the digital age (Third Industrial Revolution) did in the past.

Not all things we accept are AI really are – some are simply software with an algorithm that responds based on predefined input or user behaviour, albeit with extensive behavioural algorithms that make them more useful. A true AI system can learn on its own – typically improving on past iterations, becoming more aware and smarter.

AI and machine learning applications are everywhere and we use them all the time as individuals without always recognising them. Reflecting on how we are current use AI is a good starting point for thinking about whether and how it might be appropriate to use it in our businesses.

How we use AI

1. At home

2. Cameras

3. Email Communications

4. Social Media

5. Web searches

6. Online shopping and self service shops

7. Banking

8. Travel

9. Translation Services

10. Medical diagnosis

Use of AI in business

AI Trivia

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