HackerNoon.com
Published in

HackerNoon.com

How to Tame AI: A Brief Guide for Businesses

What is AI in a Narrow and a Broad Sense

  • Machine learning. ML uses statistical techniques to improve computer system performance based on various data without or with minimal human intervention. Facebook’s facial recognition is a good illustration of how it works.
  • Smart robotics. Today’s smart robots are AI systems that apply ML techniques to grasp information from the environment. They are already used in a number of industries and fulfill tasks from medical diagnostics to cooking pizzas.
  • Virtual assistance. A virtual assistant is a software agent that uses cognitive computing to offer customers 24/7 help when using websites or searching for information. Maybe, you have already had a chance to get acquainted with such virtual assistants as Amy from X.ai and IBM’s Watson.
  • Decision management. Automated decision support relies on the ability of rule-based systems to make decisions for repetitive management problems without human involvement. AI-based decision making is already used in transport management systems and online recruitment systems. One of the well-known leaders in this technology is Cypress Software Systems.
  • Speech recognition. This is the ability of computer programs to listen to human speech and understand it. Amazon’s Alexa, Google’s Assistant, Microsoft’s Cortana and Apple’s Siri belong here.
  • Natural language generation. This technology is aimed at analyzing data and transforming it into human-readable text. That’s what Forbes already uses to produce company earnings reports and Environment Canada applies for weather forecasts compilation.

Implementing AI in Business: the First Steps

Conclusions

  • familiarizing with AI technologies;
  • deep analysis of your business with a view to introducing AI-driven solutions;
  • preliminary cost and personnel estimation;
  • data consolidation;
  • adjustment of company IT infrastructure;
  • allocating an experimental segment for the soft launch.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Stfalcon.com

IT company designing custom web services and mobile apps. Our goal is to create useful and convenient software. We are the founder of the Air Alert app