Many Businesses Using AI Without Realizing It

Many Businesses Using AI Without Realizing It

Many Businesses Using AI Without Realizing It

Millennials know exactly what they want and expectations are high - very high. They are empowered

Businesses see AI as a future investment, even though most organizations are actually already using it, a study finds.

While only about a quarter of surveyed business executives say they're currently using artificial intelligence in the workplace to automate manual tasks, a vast majority of those who said they weren't using AI actually were without realizing it.

The National Business Research Institute in conjunction with Narrative Science, an AI technology company, surveyed more than 230 senior US business and technology executives in April and May to learn how they use AI-related technologies in their organizations.

About 26% of respondents acknowledged using AI systems to automate repetitive tasks, up from 15% surveyed last year. But 88% of those who denied using AI solutions reported that they rely on services or products powered by AI techniques. These include predictive analytics, automated written reporting and communications, and voice recognition and response.

Read Also:
6 Ideas to Help Government Realize Open Data

Inability to recognize AI in one's environment could be attributed to human failings, but there's a more reasonable explanation: "Artificial intelligence" is an ill-defined term.

"This significant disconnect underscores the fact that there is confusion when it comes to the definition of AI, and this goes to the heart of one of the key issues with AI," the report says. "It has the promise of being used in so many places that a clear definition of what it is and the guaranteed ROI remains hazy."

Part of the problem is that "intelligence" often implies some degree of quality in terms of algorithm design and the decisions AI services make. Evaluating whether a decision was intelligent or less than so isn't always immediately obvious.

 



Chief Analytics Officer Spring 2017

2
May
2017
Chief Analytics Officer Spring 2017

15% off with code MP15

Read Also:
4 Things Your Data Scientist Should Not Be Doing

Big Data and Analytics for Healthcare Philadelphia

17
May
2017
Big Data and Analytics for Healthcare Philadelphia

$200 off with code DATA200

Read Also:
4 Things Your Data Scientist Should Not Be Doing
Read Also:
6 Ideas to Help Government Realize Open Data

SMX London

23
May
2017
SMX London

10% off with code 7WDATASMX

Read Also:
Big data techniques help paralyzed patient regain movement

Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
Looking To Evolve Your Business Through Software Intelligence?

AI Paris

6
Jun
2017
AI Paris

20% off with code AIP17-7WDATA-20

Read Also:
How Data Analytics Is Driving The VR Gaming Boom

Leave a Reply

Your email address will not be published. Required fields are marked *