5 Artificial Intelligence Myths Debunked

Many marketers believe AI requires too much legwork to implement. Others think incorporating AI is as easy and instant as flipping on a switch.PHOTO: Jeremy Thomas Artificial Intelligence (AI) has already transformed a wide range of industries. From healthcare and media to finance and retail, tedious, manual tasks have been replaced with automation, operational processes have been updated via machine learning and future trends are being accurately and continually predicted thanks to AI-powered technologies. AI: Big and Getting Bigger Research firm Markets and Markets estimates the AI market will grow from $420 million in 2014 to $5.05 billion by 2020 due to the rising adoption of machine learning and natural language processing technologies in the healthcare, media, finance and retail industries. And with increasing consumer enthusiasm for the Internet of…

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