{"id":141085,"date":"2014-09-12T13:41:10","date_gmt":"2014-09-12T17:41:10","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/is-it-time-for-your-business-to-implement-an-artificial-intelligence-strategy.php"},"modified":"2014-09-12T13:41:10","modified_gmt":"2014-09-12T17:41:10","slug":"is-it-time-for-your-business-to-implement-an-artificial-intelligence-strategy","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/is-it-time-for-your-business-to-implement-an-artificial-intelligence-strategy.php","title":{"rendered":"Is it time for your business to implement an artificial intelligence strategy?"},"content":{"rendered":"<p><p>    For decades the prospect of artificial intelligence (AI) has    loomed over the business world. Often warped and distorted by    its depiction in fiction, there's been a certain stigma    associated with the use and the potential impact of AI. From    Skynet enslaving the world to psychotic computers threatening    astronauts in 2001: A Space Odyssey, the concept of AI has been    taken a long way from the fundamental point of having a    software which can independently carry out rudimentary tasks.    But there are real benefits it can bring that can make life    easier and more enjoyable for workers and citizens alike.  <\/p>\n<p>    You will often hear business leaders talking about maximizing    productivity and driving efficiency in their organizations.    Yet, when you look at some of the typical wastage that goes on    at companies, a lot of it comes from the standard admin and    menial tasks none of us like doing. We recently asked workers,    who are often targeted in these productivity drives, if they    thought a little automation could help them in their day to day    work. Over half said they believe predictive software will be    capable of doing 10 per cent of daily admin work in the very    near future.  <\/p>\n<p>    It would seem strange, given the depiction in fiction, that    people would be so willing to allow AI into their working    lives. Yet when we take a closer look at the results, there is    very much a generational difference in willingness to embrace    this kind of technology. Millennials -- those who have grown up    with Siri and smartphones -- are in general the most in favor    of incorporating AI into their future work lives, whilst the    over 55s need a bit more convincing. The millennial generation,    which might have played games like Halo, from which Microsoft    has taken the name of its upcoming rival to Siri, Cortana, have    been weaned on the benefits rather than the threats of what AI    could bring.  <\/p>\n<p>    Will AI ever be able to replace workers in all their roles?    Highly doubtful. We could be over 100 years away from the day    when a cognitive AI service could be totally independent, and    even that is a generous prediction. So the idea that people's    jobs would be on the line if what is available now were to be    brought into our workplace is not really credible.  <\/p>\n<p>    Even when a genius like Stephen Hawking has his doubts about    AI, saying, \"Creating artificial intelligence will be the    biggest event in human history.... it might also be the last\",    we are clearly a long way from this happening. In the meantime,    we can take advantage of what is and what will be soon    available to handle some of the more mundane tasks, allowing us    to focus on more important things.  <\/p>\n<p>    Given this groundswell of opinion and expectation of AI's    incorporation into our working lives, it's another    consideration CIOs and IT managers should be contemplating as    part of their IT strategies in the years to come. When you look    at businesses that could benefit most from this, certain    industries stand out. Take a big service company which already    utilizes automation to share information to the various    departments. What if you took the level of automation even    further? How much better would it be for all concerned when a    customer request is lodged with a company for an engineer to    come and fix something that is then automatically built into    the engineer's schedule. The parts that are needed will be    instantly ordered and ready to go.  <\/p>\n<p>    At the moment, you can ring a call center and lodge your query.    That is then passed onto the service team. That is then passed    onto the resource manager. That is then passed onto the    engineer. It's quite a prosaic approach when, with a little bit    more automation, the whole process could be made far slicker.    This can, of course, be accomplished by human intelligence, but    when it is something as precise and repetitive as a good chain    of command, why not delegate a piece of central AI to better    plan the course of events that need to unfold?  <\/p>\n<p>    The key to success for this will be identifying the areas    within a business or industry that could most benefit from    automation. For example, if you run a field service team, a lot    of data is analyzed and examined before travel routes and staff    rosters are created. There are millions of calculations and    considerations that need to go into this process, including    factors such as equipment, skill sets and staff holidays, as    well as day to day occurrences like traffic jams and sick    leave. Wouldn't it be better if those calculations were    automated and the optimum result was worked out by an AI    function -- saving time, reducing cost and eliminating the risk    of human error?  <\/p>\n<p>    Working back from the problem, you can see how one day we can    expect more AI products on the market which solve problems that    businesses have faced for years. Staff can benefit too, when    menial or time-consuming tasks can be taken off their hands.    Companies don't tend to employ staff for the accuracy of their    admin skills, instead they want them to focus on their primary    functions. AI gives businesses and employees the possibility to    finally optimize the roles they are doing and potentially take    on new skills and functions that will ultimately be to the    benefit of the business they are working for.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read the original post:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/betanews.com\/2014\/09\/11\/is-it-time-for-your-business-to-implement-an-artificial-intelligence-strategy\" title=\"Is it time for your business to implement an artificial intelligence strategy?\">Is it time for your business to implement an artificial intelligence strategy?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> For decades the prospect of artificial intelligence (AI) has loomed over the business world. Often warped and distorted by its depiction in fiction, there's been a certain stigma associated with the use and the potential impact of AI <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/is-it-time-for-your-business-to-implement-an-artificial-intelligence-strategy.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-141085","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/141085"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=141085"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/141085\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=141085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=141085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=141085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}