Early Adopters Of Artificial Intelligence Have Better Efficiency And Higher Margins

“Artificial intelligence is poised to unleash the next wave of digital disruption, and companies should prepare for it now.” Artificial intelligence is the answer to a question that used to be theoretical: What would you do with unlimited computing power? The combination of mobile and the cloud over the last decade helped drive computing into all forms, functions, features and behaviors of human society and business. The rapid adoption of smartphones correlated with the expansion and maturation of the cloud. Coupled with breakthroughs in speech processing and image recognition between 2007 and 2010 and the foundation for artificial intelligence to finally gain adoption in businesses was built. For the first time ever, artificial intelligence is poised to breakout. The notion of the “AI Winter” is well behind us as we turn the mobile/cloud/data monster loose on the world’s corporations. Research firm McKinsey & Company starts off its latest report on the present and future of artificial intelligence with a simple and powerful statement: “Artificial intelligence is poised to unleash the next wave of digital disruption, and companies should prepare for it now.” McKinsey estimates that investment in artificial intelligence in 2016 from technology giants like Microsoft, Google, Facebook and Baidu…


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