AI: How businesses can learn from the first wave of artificial intelligence

Artificial Intelligence (AI) or cognitive technology is no more about a machine playing chess. AI is on the streets driving our cars. It is in our call centres chatting up customers in dulcet tones. AI is drafting and reviewing legal documents with immaculate precision. It is even doing what we could never dream of: You can trade using indices derived from satellite imagery (of all the things!). It is almost as if you can take anything, sprinkle some AI dust on it, and have it reborn as super smart. AI depends on analytical models and digital inputs in the form of vast and continuously flowing streams of data. The models quickly crunch the data and spew out insights with an uncanny human flavour. Some AI frameworks use Deep Learning and…


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