So What's AI's Dirty Little Secret?
Author: Gregory Ursu
One could read the massively hyped claims of the trillions in productivity gains and then how far AI still has to go for real-world application and end up quite befuddled. Not to mention some proclaiming AI taking over the world (that one still confuses me a bit).
There is one thing I agree on with an NYT piece explaining why they think AI is "stuck" so far away from practical implementation:
To get computers to think like humans, we need a new A.I. paradigm, one that places “top-down” and “bottom-up” knowledge on equal footing. Bottom-up knowledge is the kind of raw information we get directly from our senses, like patterns of light falling on our retina. Top-down knowledge comprises cognitive models of the world and how it works.
To prove the point that most approaches aren't optimal, they go on to say that academic labs are too small to tackle properly integrating the many separate moving parts a full AI solution would require. On the other hand, corporate labs have the resources to tackle big questions, but in a world of quarterly reports and bottom lines, they tend to concentrate on narrow problems.
With some sectors seeing the incredible impact of AI already, those that are securing the right mix of talent and technology are pulling ahead of the competition markedly. So even though many initiatives may not be making the desired progress, as a whole, the market is moving very rapidly towards digital transformation. Having said that, AI is generally leveraged to produce insights, as a classifier, basically to generate knowledge- business is still required to make courageous decisions.
So in my opinion, the dirty little secret is that AI is only one small but very important part of a greater cognitive framework. Speaking of the "optimal approach" at diwo we're making a quantum leap from data-driven insights and creating new knowledge to the realm of decision-making. Check out the new world of Cognitive Decision-Making and see why this business-first approach can deliver value on day one.
NYT article cited:
How to derive value from your AI investments with Decision Intelligence
Ultimately, a company’s value is measured by the sum of its decisions. In order to succeed, the organization must make and execute decisions—across all levels...+ 2020-01-24
Why isn't my enterprise getting value from AI at scale?
Why do most AI initiatives for business fizzle out? Why do so many teams’ best efforts to develop or deploy new algorithms or predictive models...+ 2019-11-22
Here’s why you’re probably losing the AI race
As the AI arms race is becoming more heated, more organizations are looking to beef up their competitive advantage, but the current state of AI...+ 2019-02-01
Data In Wisdom Out
I am often asked by the curious, what do we actually mean by “wisdom out”. Is it just a marketing ploy or is there something...+ 2018-10-31
Is Data a source of value?
We have always been exposed to natural and man-made events and have wondered and been impacted by their outcomes. Our lives are shaped by the...+ 2018-10-16
The Future of Decision Making: Human-AI Symbiosis
When we have to make an important decision, we face numerous challenges: uncertainty, complex data that’s difficult to interpret, competing priorities. AI is been touted...+ 2018-09-20
Digital Transformation- a $900B failure this year alone
Digital transformation has become a major priority for most organizations in some form or another, but for many, it’s proving to be quite the challenge...+ 2018-09-20
So What's AI's Dirty Little Secret?
One could read the massively hyped claims of the trillions in productivity gains and then how far AI still has to go for real-world application...+ 2018-09-20
How AI can rescue your BI "situation"
Even with a few credible upstarts in the past couple years, Self-Service BI still seems to be dominated by some large players that also require...+ 2018-03-20
Business First! – how diwo aspires to flatten the knowledge pyramid
We can all agree on the fact that we are sitting on an unprecedented volume of data, and it is continuing to accumulate exponentially. We...+ 2017-09-18
The Growing Market Impact Of AI
AI: How It Will Redefine My Job?
In the past few years, there has been an explosion in innovation and interest around Artificial Intelligence. A host of intelligent digital assistants have been...+ 2017-09-18
Wait Less, Sense More, Act Fast!
“If I had more legs, I could walk faster. If I had more hands, I could handle more, and if I had extra senses, I...+ 2017-09-11
Unlocking the holy grail of UX design: bias-free user feedback in real time!
The potential of measuring emotional feedback from users is an exciting proposition in many fields, not least because it offers the possibility of unlocking the...+ 2017-07-25
What's the Deal With AI Connectors
Artificial Intelligence (AI) is changing our lives, and these days feels more omnipresent than ever before. From Siri to autonomous cars, AI is progressing at...+ 2017-07-25
Business Analytics-Why Search is Not Enough
Due to the popularity of internet searches, many businesses have attempted to adapt the search paradigm to tame their own unruly document clutter. Knowledge workers...+ 2016-09-15
Drowning in data? Still no excuse for inaction!
Wouldn’t it be fantastic if we had a total understanding of the laws governing the reality around us? Imagine for a moment that’s the case...+ 2016-09-15