Consider this observation from Warren Bennis, a management consultant:
“The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.”
I’m frequently asked by clients “What about AI?”, as if it were a product they can buy and plug into their enterprise. Artificial Intelligence (AI) is not a product. You can’t buy it off the shelf and configure it. Why would you want it anyway? What would you do with it if you had it?
Ahh, now that is the question! What would you do with it if… ? Without the answer to that question, forget about AI – you don’t need it.
The Four Components of AI
AI is something you design to solve very complex challenges that require forms of reasoning approaching (or exceeding) human capabilities. AI becomes relevant and applicable where:
- Decisions must be made at light speed
- Ingesting and analyzing vast amounts of data is important
- Forever learning from the outcomes of previous decisions made by others, or from the AI solution itself, differentiates the solution from something more static.
Those problems, more often than not, address ways to leapfrog the competition by fundamentally transforming a company’s business model and anticipating its customer expectations.
Creating Artificial Intelligence solutions typically relies on four primary components…
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