“BEFORE you discard of your horse and buy an auto it is well to think of the cost. Figure how much you spend for harness and the. Think of what new tires amount to.” —circa 1915
Similar erroneous logic is used today on why companies should conservatively invest on AI.
- 85 per cent of UK organisations plan to invest in artificial intelligence and the internet of things in the next three years, Half of organisations to invest more than £10 million in digital by 2020
- Just one in ten executives believe that UK is a world leader in digital
- Only 20 per cent believe there are enough school leavers and graduates entering the labour market with the appropriate digital skills and experience.
- Eighty-five per cent of senior executives plan to invest in artificial intelligence (AI) and the internet of things (IoT) by 2020, according to a new survey of UK digital leaders by Deloitte.
Many people are unsure about exactly what machine learning is. But the reality is that it is already part of everyday life. A form of artificial intelligence, it allows computers to learn from examples rather than having to follow step-by-step instructions.
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