Digitalized Discrimination: COVID-19 and the Impact of Bias in Artificial Intelligence – JD Supra

[co-author: Jordan Rhodes]

As the world grapples with the impacts of the COVID-19 pandemic, we have become increasingly reliant on artificial intelligence (AI) technology. Experts have used AI to test potential treatments, diagnose individuals, and analyze other public health impacts. Even before the pandemic, businesses were increasingly turning to AI to improve efficiency and overall profit. Between 2015 and 2019, the adoption of AI technology by businesses grew more than 270 percent.

The growing reliance on AIand other machine learning systemsis to be expected considering the technologys ability to help streamline business processes and tackle difficult computational problems. But as weve discussed previously, the technology is hardly the neutral and infallible resource that so many view it to be, often sharing the same biases and flaws as the humans who create it.

Recent research continues to point out these potential flaws. One particularly important flaw is algorithm bias, which is the discriminatory treatment of individuals by a machine learning system. This treatment can come in various forms but often leads to the discrimination of one group of people based on specific categorical distinctions. The reason for this bias is simpler than you may think. Computer scientists have to teach an AI system how to respond to data. To do this, the technology is trained on datasetsdatasets that are both created and influenced by humans. As such, it is necessary to understand and account for potential sources of bias, both explicit and inherent, in the collection and creation of a dataset. Failure to do so can result in bias seeping into a dataset and ultimately into the results and determinations made by an AI system or product that utilizes that dataset. In other words, bias in, bias out.

Examining AI-driven hiring systems expose this flaw in action. An AI system can sift through hundreds, if not thousands, of rsums in short periods of time, evaluate candidates answers to written questions, and even conduct video interviews. However, when these AI hiring systems are trained on biased datasets, the output reflects that exact bias. For example, imagine a rsum-screening machine learning tool that is trained on a companys historical employee data (such as rsums collected from a companys previously hired candidates). This tool will inherit both the conscious and unconscious preferences of the hiring managers who previously made all of those selections. In other words, if a company historically hired predominantly white men to fill key leadership positions, the AI system will reflect that preferential bias for selecting white men for other similar leadership positions. As a result, such a system discriminates against women and people of color who may otherwise be qualified for these roles. Furthermore, it can embed a tendency to discriminate within the companys systems in a manner that makes it more difficult to identify and address. And as the countrys unemployment rate skyrockets in response to the pandemic, some have taken issue with companies relying on AI to make pivotal employment decisionslike reviewing employee surveys and evaluations to determine who to fire.

Congress has expressed specific concerns regarding the increase in AI dependency during the pandemic. In May, some members of Congress addressed a letter to House and Senate Leadership, urging that the next stimulus package include protections against federal funding of biased AI technology. If the letters recommendations are adopted, certain businesses that receive federal funding from the upcoming stimulus package will have to provide a statement certifying that bias tests were performed on any algorithms the business uses to automate or partially automate activities. Specifically, this testing requirement would apply to companies using AI to make employment and lending determinations. Although the proposals future is uncertain, companies invested in promoting equality do not have to wait for Congress to act.

In recent months, many companies have publicly announced initiatives to address how they can strive to reduce racial inequalities and disparities. For companies considering such initiatives, one potential actionable step could be a strategic review of the AI technology that a company utilizes. Such a review could include verifying whether the AI technology utilized by the company is bias-tested and consideration of the AI technologys overall potential for automated discriminatory effects given the context of its specific use.

Only time will reveal the large-scale impacts of AI on our society and whether weve used AI in a responsible manner. However, in many ways, the pandemic demonstrates that these concerns are only just beginning.

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Digitalized Discrimination: COVID-19 and the Impact of Bias in Artificial Intelligence - JD Supra

Analysis Covid 19: Artificial Intelligence in Healthcare Market Scenario 2020 Current Trends, Size, Share and Future Opportunities by 2026 – The…

Impact Analysis of Covid-19

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Artificial Intelligence in Healthcare Market Research Study provides detailed information about the key factors influencing the growth of the industry which include drivers, restraints, opportunities, and industry-specific challenges, strategically profile key players and comprehensively analyze their market share and core competencies. This report includes analytical assessment of the prime challenges faced by the Artificial Intelligence in Healthcare industry currently and in the coming years, which helps Market participants in understanding the problems they may face while operating in this market over a longer period of time.

Get Sample PDF Including COVID-19 Impact Analysis: https://www.coherentmarketinsights.com/insight/request-pdf/436

These research report also provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Artificial Intelligence in Healthcare Market along with industry-leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue. The research report also provides detail analysis on the Artificial Intelligence in Healthcare market current applications and comparative analysis with more focused on the pros and cons of Artificial Intelligence in Healthcare and competitive analysis of major companies.

Major Players Operating in this market include IBM Corporation, Google, Inc., NVIDIA Corporation, Microsoft Corporation, iCarbonX, Next IT Corp., CloudMex Inc., Carescore, Atomwise Inc., Zephyr Health Inc., Deep Genomics Inc., Medtronic Plc., Koninkiljke Philips N.V., and Oncora Medical, Inc.

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Artificial Intelligence in Healthcare Driver Artificial Intelligence in Healthcare Challenge Artificial Intelligence in Healthcare Trend

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Research Objective and Assumption

Market Overview Report Description, Executive Summary, and Coherent Opportunity Map (COM)

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Global Artificial Intelligence in Healthcare Market, By Regions

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Artificial Intelligence in Healthcare Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.

Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers

Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning, and Distributors/Traders List.

Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change, and Economic/Political Environmental Change.

Artificial Intelligence in Healthcare Market Forecast including Production, Consumption, Import, and Export Forecast by Type, Applications, and Region.

Research Findings and Conclusion

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History Year: 2016-2018Base Year: 2018Estimated Year: 2019Forecast Year 2020 to 2026

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Analysis Covid 19: Artificial Intelligence in Healthcare Market Scenario 2020 Current Trends, Size, Share and Future Opportunities by 2026 - The...

Artificial Intelligence can improve CT screening to identify patients infected with the Coronavirus – EdexLive

Image for representational purpose only

Researchers are developing a new technique using Artificial Intelligence (AI) that would improve CT screening to more quickly identify patients infected with COVID-19.

The new technique will reduce the burden on the radiologists tasked with screening each image, according to a research team from the University of Notre Dame in the US. Testing challenges have led to an influx of patients hospitalised with COVID-19 requiring CT scans which have revealed visual signs of the disease, including ground-glass opacities, a condition that consists of abnormal lesions, presenting as a haziness on images of the lungs.

"Most patients with coronavirus show signs of COVID-related pneumonia on a chest CT but with a large number of suspected cases, radiologists are working overtime to screen them all," said study lead author Yiyu Shi from the Notre Dame. "We have shown that we can use deep learning -- a field of AI -- to identify those signs, drastically speeding up the screening process and reducing the burden on radiologists," Yiyu added.

The research team is working to identify the visual features of Coronavirus-related pneumonia through analysis of 3D data from CT scans. The team is working to combine the analysis software with off-the-shelf hardware for a light-weight mobile device that can be easily and immediately integrated into clinics around the country.

The challenge, Shi said, is that 3D CT scans are so large, it's nearly impossible to detect specific features and extract them efficiently and accurately on plug-and-play mobile devices.

"We're developing a novel method inspired by Independent Component Analysis, using a statistical architecture to break each image into smaller segments, which will allow deep neural networks to target COVID-related features within large 3D images," Shi wrote.

The research team is collaborating with radiologists at Guangdong Provincial People's Hospital in China and the University of Pittsburgh Medical Centre, where a large number of CT images from COVID-19 pneumonia are being made available. The team hopes to have development completed by the end of the year.

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Artificial Intelligence can improve CT screening to identify patients infected with the Coronavirus - EdexLive

Artificial Intelligence in space: Scientists get 1.1M to help local areas in UK recover from impact of COVID-19 – Silicon Canals

While we are getting through the coronavirus, its repercussions on the economy are bound to linger for some time. The UK governments Ministry of Housing, Communities and Local Govt (MHCLG) has taken this into account to announce new funding for jump starting projects. These projects are aimed at helping recover local areas from the impact of COVID-19. Under the funding, 59M (65.6 million) of projects across Cornwall will share 14.3M (15.9 million) of Getting Building Fund investment, supporting 1,100 jobs.

One of the notable funding from MHCLGs new funding goes to the Goonhilly Satellite Earth Station. It has been awarded 996,817 (1.1M) from the Governments Getting Building Fund for its new Cornwall Institute for Space AI and Receiver Factory. Goonhilly will also be working with the University of Manchester, University of Oxford, University of Leeds and University of Hertfordshire.

A space AI institute and receiver factory at Goonhilly Earth Station. A 3.77m project led by Goonhilly Earth Station Ltd will involve commercial operators across sectors including space, data science, and high-performance computers as well as a consortium of leading universities to progress innovation in space-related artificial intelligence (AI), data analytics, machine learning and advanced manufacturing. The investment will lead to manufacturing and specialist test facilities at Goonhilly for deep space, radio astronomy, and space telecommunication receivers for new and existing markets across the UK and internationally, the official release states.

Located on Goonhilly Downs near Helston on the Lizard peninsula in Cornwall, England, the Goonhilly Satellite Earth Station is a radiocommunication site. Goonhilly will feature a space for companies that can use the facilities and work with the team on various ideas. One of such ideas is delving into different fields of study such as artificial intelligence, machine learning and radio astronomy, which are interconnected. The team will develop algorithms in one field and apply it to solve problems across other fields as well.

The new Receiver Factory acts as an advanced manufacturing facility that can be used to develop Goonhillys own equipment. This in-house manufacturing helps ensure its services are up to the quality it holds, and also to build products to print for third parties. The scientists working at Goonhilly contribute their knowledge of antenna design, space communications, electronics, software and mechanical engineering to develop advanced products for space communication and other related sectors.

Ian Jones, Chief Executive of Goonhilly Earth Station, says, The Getting Building Fund will support a unique opportunity to bring together the important existing telecommunications assets at Goonhilly alongside investment in state-of-the-art testing and manufacturing. This is an important move forward in Cornwalls space journey developing new capabilities in invention, build and production for a growing global market. This will establish Goonhilly as the premier UK site for satellite receiver manufacture combined with innovation in artificial intelligence and machine learning.

Image credits: Goonhilly Earth Station on Twitter

Check out the innovations that took home the Blue Tulip Awards this 2020

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Artificial Intelligence in space: Scientists get 1.1M to help local areas in UK recover from impact of COVID-19 - Silicon Canals

DARPA’s AI-powered jet fight will be held virtually due to COVID-19 – AI News

An upcoming event to display and test AI-powered jet fighters will now be held virtually due to COVID-19.

We are still excited to see how the AI algorithms perform against each other as well as a Weapons School-trained human and hope that fighter pilots from across the Air Force, Navy, and Marine Corps, as well as military leaders and members of the AI tech community will register and watch online, said Col. Dan Javorsek, program manager in DARPAs Strategic Technology Office.

Its been amazing to see how far the teams have advanced AI for autonomous dogfighting in less than a year.

DARPA (Defense Advanced Research Projects Agency) is using the AlphaDogfight Trial event to recruit more AI developers for its Air Combat Evolution (ACE) program.

The upcoming event is the final in a series of three and will finish with a bang as the AI-powered F-16 fighter planes virtually take on a human pilot.

Regardless of whether the human or machine wins the final dogfight, the AlphaDogfight Trials is all about increasing trust in AI, Javorsek added.

If the champion AI earns the respect of an F-16 pilot, well have come one step closer to achieving effective human-machine teaming in air combat, which is the goal of the ACE program.

The first event was held in November last year with early algorithms:

A second event was held in January this year demonstrating the vast improvements made with the algorithms over a relatively short period of time. The algorithms took on adversaries created by the Johns Hopkins University Applied Physics Lab:

The third and final event will be streamed live from the Applied Physics Lab (APL) from August 18th-20th.

Eight teams will fly against five APL-developed adversary AI algorithms on day one. On day two, teams will fly against each other in a round-robin tournament.

Day three is when things get most exciting, with the top four teams competing in a single-elimination tournament for the AlphaDogfight Trials Championship. The winning teams AI will then fly against a real F-16 pilot to test the AIs abilities against a human.

ACE envisions future air combat eventually being conducted without putting human pilots at risk. In the meantime, DARPA hopes the initiative will help improve human pilots trust in fighting alongside AI.

Prior registration is required to view the event. Non-US citizens must register prior to August 11th while Americans have until August 17th.

You can register for the event here.

(Image Credit: DARPA)

Interested in hearing industry leaders discuss subjects like this? Attend the co-located 5G Expo, IoT Tech Expo, Blockchain Expo, AI & Big Data Expo, and Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London, and Amsterdam.

Tags: ace, ai, air force, alphadogfight, artificial intelligence, combat, darpa, f-16, Featured, fighter plane, military, usa

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DARPA's AI-powered jet fight will be held virtually due to COVID-19 - AI News

Artificial Intelligence in Sports Market 2020 | In-Depth Study On The Current State Of The Industry And Key Insights Of The Business Scenario By 2026…

The Global Artificial Intelligence in Sports Market Research Report methodically describes every component of the market and assists the reader in evaluating the current and future market trends and formulate business expansion strategies. The key growth trends and opportunities are offered through a comprehensive investigation and examination of the market. A detailed course of development is provided in the report, along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers. Better products and services to gain global and regional market share form the competitive landscape of the industry.

The report is studied with reference to the current COVID-19 pandemic. The pandemic has impacted several segments of the market on both the global and regional levels. The market report comprises of extensive research done on the current and in the post-COVID-19 scenario for the market. The study covers the present and future impact of the COVID-19 crisis on the market.

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The report provides an in-depth analysis of the competitive landscape and covers profiles of key players, along with their product portfolios and business strategies.

Key players of the market mentioned in the report are:

Amazon Inc.,Anodot, AOL Inc.,Apple Inc,Google Inc.,Graphcore,H2O.ai,Haier Group Corporation,Hewlett Packard Enterprise (HPE),Huawei Technologies Co. Ltd.,IBM Corporation,Imagen Technologies,Inbenta Technologies Inc.,Intel Corporation,InteliWISE,IPsoft Inc.,iRobot Corp.,Juniper Networks, Inc.,Koninklijke Philips N.V.,Kreditech,KUKA AG,Leap Motion Inc.,LG Electronics,Lockheed Martin,MAANA,Micron Technology,Microsoft Corporation,MicroStrategy Incorporated,Miele,Motion Controls Robotics Inc.,Neurala,NewtonX,

The global Artificial Intelligence in Sports market has been exponentially growing on a global scale. The upstream raw materials, increase in the population, expanding regions, demand and supply, and advancements in technologies have contributed to the increasing growth figures. Various analytical tools like SWOT analysis, Porters Five Forces analysis, and others are implemented in the study to provide a deeper analysis of the market and its competitive landscape. Furthermore, the report covers market history, changing scenarios, demand and supply, manufacturing, production and consumption ratio, and technological developments.

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Market has been divided by Technology as:

Market has been divided by Application as:

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Artificial Intelligence in Sports Market 2020 | In-Depth Study On The Current State Of The Industry And Key Insights Of The Business Scenario By 2026...

The costs and benefits of artificial intelligence – The Japan Times

New York The robots are no longer coming; they are here. The COVID-19 pandemic is hastening the spread of artificial intelligence, but few have fully considered the short- and long-run consequences.

In thinking about AI, it is natural to start from the perspective of welfare economics productivity and distribution. What are the economic effects of robots that can replicate human labor? Such concerns are not new. In the 19th century, many feared that new mechanical and industrial innovations would replace workers. The same concerns are being echoed today.

Consider a model of a national economy in which labor performed by robots matches that performed by humans. The total volume of labor robotic and human will reflect the number of human workers, H, plus the number of robots, R. Here, the robots are additive they add to the labor force rather than multiplying human productivity. To complete the model in the simplest way, suppose the economy has just one sector, and that aggregate output is produced by capital and total labor, human and robotic. This output provides for the countrys consumption, with the rest going toward investment, thus increasing the capital stock.

What is the initial economic impact when these additive robots arrive? Elementary economics shows that an increase in total labor relative to initial capital a drop in the capital-labor ratio causes wages to drop and profits to rise.

There are three points to add. First, the results would be magnified if the additive robots were created from refashioned capital goods. That would yield the same increase in total labor, with a commensurate reduction in the capital stock, but the drop in the wage rate and the increase in the rate of profit would be greater.

Second, nothing would change if we adopted the Austrian Schools two-sector framework in which labor produces the capital good and the capital good produces the consumer good. The arrival of robots still would decrease the capital-labor ratio, as it did in the one-sector scenario.

Third, there is a striking parallel between the models additive robots and newly arrived immigrants in their impact on native workers. By pushing down the capital-labor ratio, immigrants, too, initially cause wages to drop and profits to rise. But it should be noted that with the rate of profit elevated, the rate of investment will rise. Owing to the law of diminishing returns, that additional investment will drive down the profit rate until it has fallen back to normal. At this point, the capital-labor ratio will be back to where it was before the robots arrived, and the wage rate will be pulled back up.

To be sure, the general public tends to assume that robotization (and automation generally) leads to a permanent disappearance of jobs, and thus to the immiseration of the working class. But such fears are exaggerated. The two models described above abstract from the familiar technological progress that drives up productivity and wages, making it reasonable to anticipate that the global economy will sustain some level of growth in labor productivity and compensation per worker.

True, sustained robotization would leave wages on a lower path than they otherwise would have taken, which would create social and political problems. It may prove desirable, as Bill Gates once suggested, to levy taxes on income from robot labor, just as countries levy taxes on income from human labor. This idea deserves careful consideration. But fears of prolonged robotization appear unrealistic. If robotic labor increased at a non-vanishing pace, it would run into limits of space, atmosphere, and so on.

Moreover, AI has brought not just additive robots but also multiplicative robots that enhance workers productivity. Some multiplicative robots enable people to work faster or more effectively (as in AI-assisted surgery), while others help people complete tasks they otherwise could not perform.

The arrival of multiplicative robots need not lead to a lengthy recession of aggregate employment and wages. Yet, like additive robots, they have their downsides. Many AI applications are not entirely safe. The obvious example is self-driving cars, which can (and have) run into pedestrians or other cars. But, of course, so do human drivers.

A society is not wrong, in principle, to deploy robots that are prone to occasional mistakes, just as we tolerate airplane pilots who are not perfect. We must judge costs and benefits. For efficiency, people ought to have the right to sue robots owners for damages. Inevitably, a society will feel uncomfortable with new methods that introduce uncertainty.

From the perspective of ethics, the interface with AI involves imperfect and asymmetric information. As Wendy Hall of the University of Southampton says, amplifying Nicholas Beale, We cant just rely on AI systems to act ethically because their objectives seem ethically neutral.

Indeed, some new devices can cause serious harm. Implantable chips for cognitive enhancement, for example, can cause irreversible tissue damage in the brain. The question, then, is whether laws and procedures can be instituted to protect people from a reasonable degree of harm. Barring that, many are calling on Silicon Valley companies to establish their own ethics committees.

All of this reminds me of the criticism leveled at innovations throughout the history of free-market capitalism. One such critique, the book Gemeinschaft und Gesellschaft by the sociologist Ferdinand Tonnies, ultimately became influential in Germany in the 1920s and led to the corporatism arising there and in Italy in the interwar period thus bringing an end to the market economy in those countries.

Clearly, how we address the problems raised by AI will be highly consequential. But they are not yet present on a wide scale, and they are not the main cause of the dissatisfaction and resulting polarization that have gripped the West.

Edmund S. Phelps, the 2006 Nobel laureate in economics and director of the Center on Capitalism and Society at Columbia University, is author of Mass Flourishing and co-author of Dynamism. 2020, Project Syndicate

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The costs and benefits of artificial intelligence - The Japan Times

How Will Artificial Intelligence Change the World of Sports? – The Union Journal

Today, the technological landscape is expanding by all leaps and bounds, and Artificial Intelligence (AI) remains in the thick of it. A technology that is one for the present and future, AI is playing a massive role in shaping businesses to the core. From healthcare and entertainment to commerce and sports, Artificial Intelligence is transforming every industrial vertical for good. Here is how artificial intelligence will change the world of sports.

Speaking of the sports industry itself, the presence of AI today is to be seen in just about every major league around the world. From NHL and NFL to NASCAR and NBA, AI has changed the way we think of the sports world today. Take an example of Northern Sports only, for instance. The industry crossed a staggering figure of $73.5 billion by the end of the year 2019.

Okay so, COVID-19 has caused a dent in the sports system and a problem for sports. But well get back on track! And, if you long to know more about how AI has impacted the sports world, here is a compiled, detailed list.

Its fun and interesting to understand how Artificial Intelligence will shape or change the world sporting ecosystem around the world.

AI is changing the Sports world for good.

Be it soccer, basketball, baseball, or any other game, analyzing the performance data of players has been an age-long factor in determining whether a

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How Will Artificial Intelligence Change the World of Sports? - The Union Journal

What Is The Artificial Intelligence Revolution And Why Does It Matter To Your Business? – Forbes

As a species, humanity has witnessed three previous industrial revolutions: first came steam/water power, followed by electricity, then computing. Now, were in the midst of a fourth industrial revolution, one driven by artificial intelligence and big data.

What Is The Artificial Intelligence Revolution And Why Does It Matter To Your Business?

I like to refer to this as the Intelligence Revolution." But whatever we call it the fourth industrial revolution, Industry 4.0 or the Intelligence Revolution one thing is clear: this latest revolution is going to transform our world, just as the three previous industrial revolutions did.

What makes AI so impactful, and why now?

AI gives intelligent machines (be they computers, robots, drones, or whatever) the ability to think and act in a way that previously only humans could. This means they can interpret the world around them, digest and learn from information, make decisions based on what theyve learned, and then take appropriate action often without human intervention. Its this ability to learn from and act upon data that is so critical to the Intelligence Revolution, especially when you consider the sheer volume of data that surrounds us today. AI needs data, and lots of it, in order to learn and make smart decisions. This gives us a clue as to why the Intelligence Revolution is happening now.

After all, AI isnt a new concept. The idea of creating intelligent machines has been around for decades. So why is AI suddenly so transformative? The answer to that question is two-fold:

We have more data than ever before. Almost everything we do (both in the online world and the offline world) creates data. Thanks to the increasing digitization of our world, we now have access to more data than ever before, which means AI has been able to grow much smarter, faster, and more accurate in a very short space of time. In other words, the more data intelligent machines have access to, the faster they can learn, and the more accurate they become at interpreting the information. As a very simple example, think of Spotify recommendations. The more music (or podcasts) you listen to via Spotify, the better able Spotify is to recommend other content that you might enjoy. Netflix and Amazon recommendations work on the same principle, of course.

Impressive leaps in computing power make it possible to process and make sense of all that data. Thanks to advances like cloud computing and distributed computing, we now have the ability to store, process, and analyze data on an unprecedented scale. Without this, data would be worthless.

What the Intelligence Revolution means for your business

I guarantee your business is going to have to get smarter. In fact, every business is going to have to get smarter from small startups to global corporations, from digital-native companies to more traditional businesses. Organizations of all shapes and sizes will be impacted by the Intelligence Revolution.

Take a seemingly traditional sector like farming. Agriculture is undergoing huge changes, in which technology is being used to intelligently plan what crops to plant, where and when, in order to maximize harvests and run more efficient farms. Data and AI can help farmers monitor soil and weather conditions, and the health of crops. Data is even being gathered from farming equipment, in order to improve the efficiency of machine maintenance. Intelligent machines are being developed that can identify and delicately pick soft ripe fruits, sort cucumbers, and pinpoint pests and diseases. The image of a bucolic, traditional farm is almost a thing of the past. Farms that refuse to evolve risk being left behind.

This is the impact of the Intelligence Revolution. All industries are evolving rapidly. Innovation and change is the new norm.Those who cant harness AI and data to improve their business whatever the business will struggle to compete.

Just as in each of the previous industrial revolutions, the Intelligence Revolution will utterly transform the way we do business. For your company, this may mean you have to rethink the way you create products and bring them to market, rethink your service offering, rethink your everyday business processes, or perhaps even rethink your entire business model.

Forget the good vs bad AI debate

In my experience, people fall into one of two camps when it comes to AI. Theyre either excited at the prospect of a better society, in which intelligent machines help to solve humanitys biggest challenges, make the world a better place, and generally make our everyday lives easier. Then there are those who think AI heralds the beginning of the end, the dawning of a new era in which intelligent machines supersede humans as the dominant lifeform on Earth.

Personally, I sit somewhere in the middle. Im certainly fascinated and amazed by the incredible things that technology can achieve. But Im also nervous about the implications, particularly the potential for AI to be used in unethical, nefarious ways.

But in a way, the debate is pointless. Whether youre a fan of AI or not, the Intelligence Revolution is coming your way. Technology is only going in one direction forwards, into an ever-more intelligent future. Theres no going back.

Thats not to say we shouldnt consider the implications of AI or work hard to ensure AI is used in an ethical, fair way one that benefits society as well as the bottom line. Of course, we should do that. But it's important to understand that; however, you feel about it, AI cannot be ignored. Every business leader needs to come to terms with this fact and take action to prepare their company accordingly. This means working out how and where AI will make the biggest difference to your business, and developing a robust AI strategy that ensures AI delivers maximum value.

AI is going to impact businesses of all shapes and sizes, across all industries. Discover how to prepare your organization for an AI-driven world in my new book, The Intelligence Revolution: Transforming Your Business With AI.

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What Is The Artificial Intelligence Revolution And Why Does It Matter To Your Business? - Forbes

AI Is a New Weapon in the Battle Against Counterfeits – The Wall Street Journal

When Olivia Matthaei, a consignment store sales clerk, needs to check whether a designer handbag is authentic, she knows the drill. She grabs a custom camera with a microscope lens provided by Entrupy, a New York-based artificial-intelligence startup. The shape of a bulky battery pack, it pops onto an iPhone or iPod. She opens the Entrupy app and selects a brand from a list.

The app guides her through taking photos of different parts of the bag, such as specific areas of the fabric and logo, as she presses the camera against the material. It normally takes a user three to five minutes to go through the authentication process, but she is faster because the store, Opulent Habits, in Madison, N.J., has been using the app since 2018.

I can do it in less than a minute at this point, Ms. Matthaei says.

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AI Is a New Weapon in the Battle Against Counterfeits - The Wall Street Journal