Wednesday, November 17, 2021

g-f(2)662 THE BIG PICTURE OF THE DIGITAL AGE (11/17/2021), ZDNet, Artificial intelligence: everyone wants it, but not everyone is ready


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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageArtificial Intelligence, Business benefits (11/17/2021)  g-f(2)426 


Opportunity, ZDNet

AI that delivers visible business benefits  


      • Business is bullish on AI. But it takes a well-developed understanding to deliver visible business benefits.
      • Artificial intelligence technologies have reached impressive levels of adoption, and are seen as a competitive differentiator. But there comes a point when a technology becomes so ubiquitous that it is no longer a competitive differentiator -- think of cloud. Going forward, those organizations succeeding with AI, then, will be those that apply human innovation and business sense to their AI foundations. 


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      Learned lessons, ZDNet 

      • Such is the challenge identified in a study released by RELX, which finds use of AI technologies, at least in the United States, has reached 81% of enterprises, up 33 percentage points from 48% since a previous RELX survey in 2018. They're also bullish on AI delivering the goods -- 93% report that AI makes their business more competitive. This ubiquity may be the reason 95% are also reporting that finding the skills to build out their AI systems is a challenge. Plus, these systems could be potentially flawed: 75% worry that AI systems may potentially introduce the risk of bias in the workplace, and 65% admit their systems are biased. 


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      Lessons learned, ZDNet


      • "While many AI and machine learning deployments fail, in most cases, it's less of a problem with the actual technology and more about the environment around it," says Harish Doddi, CEO of Datatron. Moving to AI "requires the right skills, resources, and systems." 
      • It takes a well-developed understanding of AI and ML to deliver visible benefits to the business. While AI and ML have been around for many years, "we are still barely scratching the surface of uncovering their true capabilities," says Usman Shuja, general manager of connected buildings for Honeywell. "That said, there are many valuable lessons to be gleaned from others' missteps. While it's arguably true that AI can add significant value to practically any department across any business, one of the biggest mistakes a business can make is to implement AI for the sake of implementing AI, without a clear understanding of the business value they hope to achieve."



      Some relevant characteristics of this "genioux fact"

      • Category 2: The Big Picture of the Digital Age
      • [genioux fact deduced or extracted from ZDNet]
      • This is a “genioux fact fast solution.”
      • Tag Opportunities those travelling at high speed on GKPath
      • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
      • Type of validity of the "genioux fact". 

        • Inherited from sources + Supported by the knowledge of one or more experts.


      References


      “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)662, Fernando Machuca, November 17, 2021, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


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