Artificial Intelligence and Virtual Reality Are About to Transform Business. Here's How to Be Prepared.

Artificial Intelligence and Virtual Reality Are About to Transform Business. Here’s How to Be Prepared.

Artificial Intelligence and Virtual Reality Are About to Transform Business. Here's How to Be Prepared.
Discussions of Artificial Intelligence (AI) and Virtual Reality (VR) inevitably evoke descriptive images of a room full of gamers. But, AI and VR will change the way you communicate and do business. This post comes from the perspective of Montserrat Corominas Founder & Managing Partner at Intergroup Partners.Zürich, Switzerland

Most business leaders are not quite sure yet how AI and VR are relevant to their companies and what is in it for them.

To my understanding, these are only contemporary descriptions of state of the art technologies. The most important topic to discuss for boards, founders and management teams in regards to AI/VR is the inherent new way of communication through digitization. Thought leaders must be aware of this rapidly moving topic.

A great example of the communications shift brought by AI is in the mass adoption of Chatbots. These conversational interfaces are already being widely implemented across different industries and have the potential to disrupt the Apps business. Communication can now happen on our behalf. If you are wondering about what a Chatbot is: If you have ever played a computer game, in a sense, you have used a Chatbot. You used an app which you interacted with, which followed a script and shared with you a result.

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VR is disruptive primarily as it will create new ways of communication. The implications for businesses are clear: the global liquid workforce can enter a collaborative, immersive virtual environment no matter where they are.

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