The central role of AI-powered solutions in the workplace is growing rapidly, changing the way companies approach business. Companies in almost every industry are recognizing the potential of AI’s many abilities and applications and are eager to harness it. In 2017, 81% of Fortune 500 CEOs listed “artificial intelligence and machine learning” as “important” or “extremely important” to their companies’ future.
While the buzz around AI and the many stories of successful implementations are exciting, it is important to remember that this technology is not one-size-fits-all. Artificial intelligence powers many different cognitive tools, each with varying abilities—everything from machine vision to natural language processing. Different types of AI are designed to address specific tasks and problems. They must, therefore, be trained using different datasets.
For truly effective AI implementations, businesses must carefully consider how they will approach each of the following steps:
There are many companies and vendors that specialize in helping businesses adapt to AI technologies. There are also specialized management consulting firms—such as The Burnie Group—that work with client companies and vendors to understand how AI might impact their business and develop a company-specific strategy for implementing AI.