Artificial Intelligence: The fourth industrial revolution

Alan Crameri, CTO, Barrachd explains that the rise of artificial intelligence will lead to the fourth industrial revolution

'AI is a journey. And the journey to AI starts with 'the basics' of identifying and understanding the data. Where does it reside? How can we access it? We need strong information architecture as the first step on our AI ladder'.

Artificial Intelligence (AI) has been described as the fourth industrial revolution. It will transform all of our jobs and lives over the next 10 years. However, it is not a new concept. AIs roots are in the expert systems of the 70s and 80s, computers that were programmed with a humans expert knowledge in order to allow decision-making based on the available facts.

Whats different today, and is enabling this revolution, is the evolution of machine learning systems. No longer are machines just capturing explicit knowledge (where a human can explain a series of fairly logical steps). They are now developing a tacit knowledge the intuitive, know-how embedded in the human mind. The kind of knowledge thats hard to describe, let alone transfer.

Machine learning is already all around us, unlocking our phones with a glance or a touch, suggesting music we like to listen to, and teaching cars to drive themselves.

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Underpinning all this is the explosion of data. Data is growing faster than ever before. By the year 2020, its estimated that every human being on the planet will be creating 1.7 megabytes of new information every second! There will be 50 billion smart connected devices in the world, all developed to collect, analyse and share data. This data is vital to AI. Machine learning models need data Just as we humans learn our tacit knowledge through our experiences, by attempting a task again and again to gradually improve, ML models need to be trained.

AI is a journey. And the journey to AI starts with the basics of identifying and understanding the data. Where does it reside? How can we access it? We need strong information architecture as the first step on our AI ladder.

Of course, some data may be difficult it might be unstructured, it may need refinement, it could be in disparate locations and from different sources. So, the next step is to fuse together this data in order to allow analytics tools to find better insight.

The next step in the journey is identifying and understanding the patterns and trends in our data with smart analytics techniques.

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Only once these steps of the journey have been completed can we truly progress to AI and machine learning, to gain further insight into the past and future performance of our organisations, and to help us solve business problems more efficiently.

But once that journey is complete the architecture, the data fusion, the analytics solutions the limits of possibility are only contained by the availability of data. So lets look at some examples where were already using these techniques.

Lets take an example that is applicable to most organisations the management of people. Businesses can fuse employee and payroll data, absence records, training records, performance ratings and more to give a complete picture of an employees interaction with the organisation. Managers can instantly visualise how people are performing, and which areas to focus on for improvement. The next stage is to use AI models to predict those employees who might need some extra support or intervention high-performers at risk of leaving, or people showing early signs of declining performance.

But what about when you focus instead on the customer? Satisfaction, retention, and interaction increasingly businesses look to social media to track the sentiment and engagement of their relationships with customers and consumers. Yet finding meaningful patterns and insights amongst a continual flow of diverse data can be difficult.

Social media analytics solutions can be used to analyse how customers and consumers view and react to the companies and brands theyre interacting with through social media.

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The data is external to the organisations concerned but is interpreted to create an information architecture behind the scenes. The next stop on the AI journey enables powerful analysis of trends and consumer behaviour over time, allowing organisations to track and forecast customer engagement in real-time.

Social media data isnt the only source of real time engagement. Customer data is an increasingly rich vein that can be tapped into. Disney is already collecting location data from wristbands at their attractions, predicting and managing queue lengths (suggesting other rides with shorted queues, or offering food/drink vouchers in busy times to reduced demand). Infrared cameras are even watching people in movie theatres and monitoring eye movements and facial expressions to determine engagement and sentiment.

The ability to analyse increasingly creative and diverse data sources to unearth new insights is growing, but the ability to bring together these new, disparate data sources is key to realising their value.

There are huge opportunities around the sharing and fusion of data, in particular between different agencies (local government, health, police). But this comes with significant challenges around privacy, data protection and a growing public concern.

The next step is to predict the future when and where crime is likely to happen, or the risk or vulnerability of individuals, allowing the police to direct limited resources as efficiently as possible. Machine learning algorithms can be employed in a variety of ways to automate facial recognition, to pinpoint crime hotspots, and to identify which people are more likely to reoffend.

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AI models are good at learning to recognise patterns. And these patterns arent just found in images, but in sound too. Models already exist that can listen to the sounds within a city, and detect the sound of a gunshot a large proportion of which go unreported. Now lamppost manufacturers are building smart street lights, which monitor light, sound, weather and other environmental variants. By introducing new AI models, could we allow them to detect gunshots at scale, helping police to respond quickly and instantly when a crime is underway?

However, there is one underlying factor that occurs across every innovative solution now, and in the future. Data quality. IBM has just launched an AI tool deigned to monitor artificial intelligence deployments, and assess accuracy, fairness and bias in the decisions that they make. In short, AI models monitoring other AI models.

Lets just hope that the data foundation that these are built on is correct at the end of the day, if the underlying data is flawed, then so will be the AI model, and so will be the AI monitoring the AI! And thats why the journey to advanced analytics, AI and machine learning is so important. Building a strong information architecture, investing in intelligent data fusion and creating a solid analytics foundation is vital to the success of future endeavours in data.

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Artificial Intelligence: The fourth industrial revolution