In Episode 4 of the Acceleration Economy Minute, Kieron Allen offers three takeaways for artificial intelligence (AI) integration — which can be applied to every sector of business.
Highlights
00:15 — Ronak Mathur, an Acceleration Economy analyst, recently profiled an Australian startup company called PIPE AI. The company is developing an innovative AI system to assist with sewage maintenance on a large scale.
00:47 — In the acceleration economy, it is vital that organizations understand that AI is a major enabler to success, regardless of sectors or industries.
01:04 — The underlying factor that is prohibiting companies from integrating AI into their operations stems from a fear of understanding, a fear of failure, and a fear of loss of control.
01:31 — There are three takeaways that diminish the myths that exist around AI integration. While AI technologies can automate and enhance the speed of business processes, humans are always the guardian of AI technologies.
01:46 — Out-of-the-box AI technologies exist and they’re working. Companies can “take them right off the shelf” and implement them into their systems immediately.
02:11 — The majority of companies are already using algorithms today. They drive countless cloud platforms and are likely integrated into existing technology infrastructures. AI is no different.
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