Friday 26 January 2018

Artificial Intelligence Isn't Killing Jobs; It's Killing Business Models

Artificial Intelligence Isn't Killing Jobs; It's Killing Business Models

Believe it or not, AI is more than just automation. Artificial Intelligence is real and it is here. But successfully putting AI into action isn't exactly a walk in the park -- it requires a fundamental rethinking of the business. The pressure is on -- 53 percent of executives responding to a recent survey said their industry has "already experienced disruption" due to AI. An example that applies to potential AI-driven disruption in the retail sector is Amazon's Go store in Seattle, which employs AI to operate with no checkout clerks or lines -- purchases are tracked as shoppers remove items from the shelves.

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