How artificial intelligence could transform your business

Using artificial intelligence (AI) in your business may not be something that is on your agenda, but the chances are you may have already begun to use AI without even knowing it. The Airbnb application for instances uses Aerosolve to deliver its dynamic pricing feature. Amazon’s Machine Learning – part of its AWS cloud services – allows businesses to analyse massive datasets to reveal patterns and also train its algorithm. And Google’s Translate API uses machine learning to deliver much more accurate translations, as it assesses how words relate to each other. In a report into the possible impact of machine learning, Simon Raik-Allen, MYOB’s Chief Technology Officer, said: “As machines get smarter, there will be a time when someone creates a machine that can learn. We are not there…

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