Bill Bronske, Globant: Put people first and get the most out of your AI implementation

If 2015 and 2016 were all about putting together a data-driven business mantra, 2019 and beyond will see organisations ramping up the pace – with artificial intelligence (AI) and machine learning (ML) at the heart of this shift. That’s according to Bill Bronske, senior solutions architect at technology services and consulting firm Globant. The company, with headquarters in Buenos Aires but offices globally, has a mission which is focused around ‘building digital journeys that matter to...

How AI is being used to assess the symptoms of sepsis

Scientists at Imperial College London have developed a system that can treat patients with sepsis and, by using artificial intelligence, analyse the records of 100,000 hospital patients in intensive care units (ICU) to assess the best course of treatment. The tool, which is called AI Clinician, can be used alongside medical professionals to help doctors better understand the best treatment strategy. Sepsis, which is commonly known as blood poisoning, kills around 44,000 people every year in...

AI in digital commerce is generally considered a success, says Gartner

A survey by research firm Gartner found that the use of AI in digital commerce companies is usually considered a success, with 70% of the organisations claiming very, or extremely successful, implementation of the technology. A total of 307 digital commerce organisations were surveyed for the study. These companies are currently using or piloting the technology to understand the adoption, value, success and challenges of AI in digital commerce. Organisations participated in this study were...

Business leaders ensuring responsible use of AI within organisations, research finds

A recently conducted joint study by SAS, Accenture Applied Intelligence, Intel, and Forbes Insights has argued that business leaders are taking all kinds of measures into consideration to ensure responsible use of AI within their organisations. The report, titled “AI Momentum, Maturity and Models for Success”, notes that most AI adopters account for 72% of global organisations who conduct training for their technologists and have ethics committees in place to review the use of AI. Such...

WEF predicts machines will do more tasks than humans by 2025 – but jobs still to go up

The year 2025 will see machines doing most of the tasks at workplaces – although this doesn’t mean that they will replace humans entirely. A new study titled “The Future of Jobs 2018” by the World Economic Forum (WEF) suggests that by 2025, more than half of all current workplace tasks will be performed by machines, in contrary to 29% today. This transformation will greatly shake the global labour force. But on the other hand, the outlook for overall numbers of new jobs is positive, as...

New research explores potential of AI and machine learning in the healthcare sector

Machine learning (ML), artificial intelligence (AI), and deep learning are being used in every imaginable industry – and healthcare is not left untouched. The growing demand for smart applications, wearables and better healthcare services is increasingly creating the scope of ML and AI applications in the pharma and healthcare sectors. Two market intelligence firms, Infiniti Research and Tractica, have highlighted the main applications of these technologies in healthcare industry. According...

Majority of consumers fear companies will take AI too far, research warns

If the industry thinks it will be an easy job to convince users that AI will be a force for good rather than evil, new figures from agency Elicit Insights may suggest otherwise. According to the company’s report, ‘Artificial Intelligence and the Very Real, Real-World Anxiety It Causes’, which polled almost 700 consumers, three in five (59%) said AI ‘has the ability to be good, but has some inherent risks associated with it’. 15% said it would be a benevolent force for good, while 18%...

Enterprise automation investment to boom, says KPMG – but many organisational issues to tackle yet

Enterprise investment in the intelligent automation (IA) space is set to hit $232 billion (£x) by 2025 according to a new study from KPMG – but while organisations today have high hopes, they are not ready to reap the benefits yet. The study, titled ‘Ready, Set, Fail? Avoiding Setbacks in the Intelligent Automation Race’, argues that enterprise spend will skyrocket in the coming years, from $12.4bn today, to $96.4bn by 2023, to $148.8bn by 2024. As a result, the industry will be...

Nference secures $11 million to help synthesise biomedical language through AI

nference, a new emerging company in the field of AI-powered life sciences, has raised $11 million in a series A funding round successfully led by Matrix Partners, with participation from existing investor Matrix Capital Management. The accumulated funds will be utilised for further development of the company’s AI and R&D platforms, expand scientific operations in Cambridge, MA, US, and establish nference Labs in Bangalore, India. The research team at nference includes successful serial...

Gartner: Global business value from AI will reach $1.2 trillion by the end of 2018

Global business value derived from artificial intelligence (AI) will hit $1.2 trillion (£859.4bn) this year, according to the latest forecast from analyst house Gartner. The total use cases come under three categories, Gartner puts it: customer experience, new revenue, and cost reduction. By 2022, Gartner predicts this overall number will threaten $4 trillion – but what’s more interesting is the growth percentage. 2018 will see 70% growth, from $692bn to $1.2tn, with 2019 seeing an...