Artificial intelligence in here and now
If I got a dollar every time artificial intelligence (AI) came up in a conversation around jobs, I would be very rich by now.
Automation has been part of our fabric since 1771, with the advent of the first fully automated spinning mill, and continues to be an integral part of every manufacturing process. Today, even as automation is prevalent across industries, we have quickly moved to the age of robotics and AI. Interestingly, the paradox of automation says the more efficient the automated systems, the more critical is the human contribution.
Human contribution is the crux of the conversation. When AI is spoken in the same breath as humans, it implies the evolution of ‘thinking’ rather than just ‘doing’. In a world where information is needed for decisions, a third of all decisions are optimal, a third are acceptable and the rest are just not right. When AI is infused with ‘cognitive’ systems—next-generation systems that work side by side with humans, accelerating our ability to create, learn, make decisions and think—it then transcends barriers of scale, speed, scope and standards, providing a broad set of capabilities that can help make optimal decisions. Cognitive will help make sense of the structured and unstructured data available—including video and images, providing us much better insights and helping us make well-informed decisions faster. Read more…