Executive Summary
The effective deployment of AI in the enterprise requires a focus on achieving business goals. Rushing towards an AI strategy and hiring someone with technical skills in AI to lead the charge might seem in tune with the current trends, but it ignores the reality that innovation initiatives only succeed when there is a solid understanding of actual business problems and goals. For AI to work in the enterprise, the goals of the enterprise must be the driving force.
Every serious technology company now has an Artificial Intelligence team in place. These companies are investing millions into intelligent systems for situation assessment, prediction analysis, learning-based recognition systems, conversational interfaces, and recommendation engines. Companies such as Google, Facebook, and Amazon arent just employing AI, but have made it a central part of their core intellectual property.
As the market has matured, AI is beginning to move into enterprises that will use it but not develop it on their own. They see intelligent systems as solutions for sales, logistics, manufacturing, and business intelligence challenges. They hope AI can improve productivity, automate existing process, provide predictive analysis, and extract meaning from massive data sets. For them, AI is a competitive advantage, but not part of their core product. For these companies, investment in AI may help solve real business problems but will not become part of customer facing products. Pepsi, Wal-Mart and McDonalds might be interested in AI to help with marketing, logistics or even flipping burgers but that doesnt mean that we should expect to see intelligent sodas, snow shovels, or Big Macs showing up anytime soon.
How it will impact business, industry, and society.
As with earlier technologies, we are now hearing advice about AI strategies and how companies should hire Chief AI Officers. In much the same way that the rise of Big Dataledto the Data Scientist craze, the argument is that every organization now needs to hire a C-Level officer who will drive the companys AI strategy.
I am here to ask you not to do this. Really, dont do this.
Its not that I doubt AIs usefulness. I have spent my entire professional life working in the field. Far from being a skeptic, I am a rabid true believer.
However, I also believe that the effective deployment of AI in the enterprise requires a focus on achieving business goals. Rushing towards an AI strategy and hiring someone with technical skills in AI to lead the charge might seem in tune with the current trends, but it ignores the reality that innovation initiatives only succeed when there is a solid understanding of actual business problems and goals. For AI to work in the enterprise, the goals of the enterprise must be the driving force.
This is not what youll get if you hire a Chief AI Officer. The very nature of the role aims at bringing the hammer of AI to the nails of whatever problems are lying around. This well-educated, well-paid, and highly motivated individual will comb your organization looking for places to apply AI technologies, effectively making the goal to use AI rather than to solve real problems.
This is not to say that you dont need people who understand AI technologies. Of course you do. But understanding the technologies and understanding what they can do for your enterprise strategically are completely different. And hiring a Chief of AI is no substitute for effective communication between the people in your organization with technical chops and those with strategic savvy.
One alternative to hiring a Chief AI Officer is start with the problems. Move consideration of AI solutions into the hands of the people who are addressing the problems directly. If these people are equipped with a framework for thinking about when AI solutions might be applicable, they can suggest where those solutions are actually applicable. Fortunately, the framework for this flows directly from the nature of the technologies themselves. We have already seen where AI works and where its application might be premature.
The question comes down to data and the task.
For example, highly structured data found in conventional databases with well-understood schemata tend to support traditional, highly analytical machine learning approaches. If you have 10 years of transactional data, then you should use machine learning to find correlations between customer demographics and products.
In cases where you have high volume, low feature data sets (such as images or audio), deep learning technologies are most applicable. So a deep learning approach that uses equipment sounds to anticipate failures on your factory floor might make sense.
If all you have is text, the technologies of data extraction, sentiment analysis and Watson-like approaches to evidence-based reasoning will be useful. Automating intelligent advice based on HR best practice manuals could fit into this model.
And if you have data that is used to support reporting on the status or performance of your business, then natural language generation is the best option. It makes no sense to have an analysts valuable time dedicated to analyzing and summarizing all your sales data when you can have perfectly readable English language reports automatically generated by a machine and delivered by email.
If decision-makers throughout your organization understand this, they can look at the business problems they have and the data theyre collecting and recognize the types of cognitive technologies that might be most applicable.
The point here is simple. AI isnt magic. Specific technologies provide specific functions and have specific data requirements. Understanding them does not require that you hire a wizard or unicorn to deal with them. It does not require a Chief of AI. It requires teams that know how to communicate the reality of business problems with those who understand the details of technical solutions.
The AI technologies of today are astoundingly powerful. As they enter the enterprise, they will change everything. If we focus on applying them to solve real, pervasive problems, we will build a new kind of man-machine partnership that empowers us all to work at the top of our game and realize our greatest potential.
See the original post here:
Please Don't Hire a Chief Artificial Intelligence Officer - Harvard Business Review
- What is Artificial Intelligence (AI)? - Definition from ... [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- Artificial Intelligence | Neuro AI [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- Association for the Advancement of Artificial Intelligence [Last Updated On: June 13th, 2016] [Originally Added On: June 13th, 2016]
- A.I. Artificial Intelligence - Wikipedia, the free ... [Last Updated On: June 17th, 2016] [Originally Added On: June 17th, 2016]
- Artificial Intelligence - The New York Times [Last Updated On: June 17th, 2016] [Originally Added On: June 17th, 2016]
- Intro to Artificial Intelligence Course and Training ... [Last Updated On: June 28th, 2016] [Originally Added On: June 28th, 2016]
- Artificial Intelligence | Neuro AI [Last Updated On: July 1st, 2016] [Originally Added On: July 1st, 2016]
- What is Artificial Intelligence (AI)? Webopedia Definition [Last Updated On: July 1st, 2016] [Originally Added On: July 1st, 2016]
- Intro to Artificial Intelligence Course and Training Online ... [Last Updated On: July 5th, 2016] [Originally Added On: July 5th, 2016]
- Artificial Intelligence News -- ScienceDaily [Last Updated On: September 16th, 2016] [Originally Added On: September 16th, 2016]
- Artificial intelligence positioned to be a game-changer - CBS ... [Last Updated On: October 13th, 2016] [Originally Added On: October 13th, 2016]
- Artificial Intelligence: A Modern Approach - amazon.com [Last Updated On: October 31st, 2016] [Originally Added On: October 31st, 2016]
- Artificial Intelligence - IndiaBIX [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- The Non-Technical Guide to Machine Learning & Artificial ... [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- Artificial Intelligence - Graduate Schools of Science ... [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- Artificial Intelligence in Medicine: An Introduction [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- What does artificial intelligence mean? - Definitions.net [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- Artificial Intelligence Lockheed Martin [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- Artificial Intelligence Course - Computer Science at CCSU [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- FREE Artificial Intelligence Essay - Example Essays [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- Elon Musk's artificial intelligence group signs Microsoft ... [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- Real FX - Slotless Racing with Artificial Intelligence [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- Artificial Intelligence: What It Is and How It Really Works [Last Updated On: January 4th, 2017] [Originally Added On: January 4th, 2017]
- Artificial Intelligence Market Size and Forecast by 2024 [Last Updated On: January 4th, 2017] [Originally Added On: January 4th, 2017]
- Algorithm-Driven Design: How Artificial Intelligence Is ... [Last Updated On: January 4th, 2017] [Originally Added On: January 4th, 2017]
- 9 Development in Artificial Intelligence | Funding a ... [Last Updated On: January 4th, 2017] [Originally Added On: January 4th, 2017]
- Artificial Intelligence Tops Humans in Poker Battle What's the Big Deal? - PokerNews.com [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Is AI a Threat to Christianity? - The Atlantic [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Allow mathematicians to pierce artificial intelligence frontiers - Livemint [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Montreal sees its future in smart sensors, artificial intelligence (with video) - Computerworld [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Silicon Valley Hedge Fund Takes On Wall Street With AI Trader - Bloomberg [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- The Observer view on artificial intelligence - The Guardian [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Artificial Intelligence Is Coming Whether You Like It Or Not - Mother Jones [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- RealDoll Creating Artificial Intelligence System, Robotic Sex Dolls ... - Breitbart News [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Forget lessons, these smart skis are loaded with artificial intelligence - Mashable [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Artificial Intelligence Correctly Predicted the Patriots' 34-28 Super ... - Digital Trends [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Why C-Levels Need To Think About eLearning And Artificial Intelligence - Forbes [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Artificial Intelligence-Driven Robots: More Brains Than Brawn - Forbes [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Artificial intelligence: How to build the business case - ZDNet [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- What 'social artificial intelligence' means for marketers - VentureBeat [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Actress Kristen Stewart's Research Paper On Artificial Intelligence: A Critical Evaluation - Forbes [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Baidu cut its healthcare business to concentrate on artificial intelligence - Asia Times [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Google Android Wear 2.0 update puts artificial intelligence inside your wristwatch - The Sun [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- How criminals use Artificial Intelligence and Machine Learning - BetaNews [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- In the Labs: Connected vehicles in Ohio, artificial intelligence in Illinois and Massachusetts - Network World [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Keeping an eye on artificial intelligence - The National Business Review [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Actors, teachers, therapists think your job is safe from artificial intelligence? Think again - The Guardian [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Wells Fargo Innovation Group to Focus on Artificial Intelligence, Payments and APIs - Wall Street Journal (blog) [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- SAP aims to step up its artificial intelligence, machine learning game as S/4HANA hits public cloud - ZDNet [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Artificial Intelligence Is Coming To Police Bodycams, Raising Privacy Concerns - Forbes [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Nvidia Beats Earnings Estimates As Its Artificial Intelligence Business Keeps On Booming - Forbes [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Could Artificial Intelligence Ever Become A Threat To Humanity? - Forbes [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Artificial intuition will supersede artificial intelligence, experts say - Network World [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- The Peril of Inaction with Artificial Intelligence - Gigaom [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- TASER International Bringing Artificial Intelligence to Law Enforcement - Motley Fool [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- LG G6 teasers emphasize battery life, artificial intelligence - CNET [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Wells Fargo sets up artificial intelligence team in tech push - Reuters [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Ford spending $1 billion on self-driving artificial intelligence - CNET [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Artificial Intelligence in Business Process Automation - Nanalyze [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- An artificial intelligence gamble that paid off - Minneapolis Star Tribune [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Ford to Invest $1 Billion in Artificial Intelligence Start-Up - New York Times [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Wells Fargo Pushes Into Artificial Intelligence - Fortune [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Artificial intelligence predictions surpass reality - UT The Daily Texan [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Creating artificial intelligence-driven technology products is almost like unleashing the Frankenstein's monster - Economic Times (blog) [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Inside Intel Corporation's Artificial Intelligence Strategy - Motley Fool [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- The artificial intelligence revolutionising healthcare - Irish Times [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Ford Announces Investment in Artificial Intelligence Company Argo AI - Motor Trend [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Ford Invests $1-Billion in Artificial Intelligence - AutoGuide.com [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Salesforce adds some artificial intelligence to customer service products - TechCrunch [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- No hype, just fact: Artificial intelligence in simple business terms - ZDNet [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Artificial Intelligence and The Confusion of Our Age - Patheos (blog) [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- How Artificial Intelligence Startups Struck Gold - Entrepreneur [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Terrifyingly, Google's Artificial Intelligence acts aggressive when cornered - Chron.com [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- This Startup Has Developed A New Artificial Intelligence That Can (Sometimes) Beat Google - Forbes [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- RPI artificial intelligence expert looks at Westworld - Albany Times Union [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Google's DeepMind artificial intelligence becomes 'highly aggressive' when stressed. Skynet, anyone? - Mirror.co.uk [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Artificial Intelligence Enters The Classroom - News One [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- John Pisarek Talks Artificial Intelligence - Customer Think [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Can Artificial Intelligence Predict Earthquakes? - Scientific American [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Artificial Intelligence Is Becoming A Major Disruptive Force In Banks' Finance Departments - Forbes [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]