Gigabit December 2018
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CLICK TO WATCH: BBVA – GEOFFREY HINTON<br />
01<br />
Artificial Intelligence Foundation<br />
BBVA claims that “by 2025, AI will become the ‘essential’ tool both<br />
for redefining customer experience and for reinventing a broad<br />
variety of business models”. Currently, Gartner reports that only<br />
41% of organizations surveyed have “already made progress in<br />
piloting or adopting AI solutions”, while 59% are still gathering<br />
information and formulating strategies. While Gartner’s report<br />
acknowledges the potentially far-reaching possibilities of ‘broad’<br />
AI, the report notes that current digital business applications are<br />
limited to ‘Narrow’ AI. Narrow AI is an umbrella term for “highly<br />
scoped machine-learning solutions that target a specific task”.<br />
Gartner vice president, David Cearley, recommends that “enterprises<br />
should focus on business results enabled by applications<br />
that exploit narrow AI technologies and leave general AI to the<br />
researchers and science fiction writers”.<br />
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