Scope Of Artificial Intelligence

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Artificial Intelligence – Hype or Hope?

Preamble:

Artificial Intelligence (AI) is omnipresent in the media as well as in business meetings. Because of this, everyone wants to do something with AI, but it appears few seem to know what it really is and how to make it profitable in a business scenario.

Body Copy:

Imagine you’re waiting for Monday morning’s meeting to be kicked off by your new colleague, who no one has yet met but who already has ‘The Brain’ as a nickname. The door opens and a friendly greeting robot enters.

Even though such a situation may well occur one day, the aim of this article is to shed light on the term ‘Artificial Intelligence’, or ‘AI’, and take a short look at its history. It then tackles the scope of the …show more content…

The two levels of AI

It is important to stress there are two levels of AI: ‘weak’ or ‘narrow’ AI which focusses on one narrow task, and ‘strong’ or ‘general’ AI intelligence that could successfully perform any intellectual task that a human being can. The latter is generally considered to be still a long time away. As the focus of this article will mainly be short to midterm business scenarios, here mainly, the first category will be relevant.
Making AI work for businesses

Before addressing the most relevant question for any business, how does AI pay off, there are some general aspects to consider:

First, AI shouldn’t be thought of as a feature that is simply added to a requirement list. If AI doesn’t add value to the business, it’s barely worth it. In other words, it’s vital to define a relevant use case. A further requirement is the data needed to feed AI and how to administrate it (cloud or local, third party solution or creation of an own ecosystem). Then, staff needs to be trained accordingly and company culture adjusted to embrace this change – something which will also be reflected in the organizational

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