I have participated in my fair share of Discoveries and Inceptions in the past, both as a facilitator and as a contributor. Over the past year, though, there has been a new question asked in some of the Inceptions I’ve run – what is the potential for us to employ Artificial Intelligence (AI)?
AI and machine learning have, for a long time, been the stuff of science fiction books – but they are now becoming a reality in both the corporate and government arenas. It is impossible to browse through a newspaper without stumbling upon an article expounding the benefits that AI and machine learning are now delivering.
Understandably, there is a substantial amount of scepticism about the immediate impacts of the new technology – much of the news is about prototypes that may not have a practical application, or may not deliver a meaningful return on investment for several years.
That said, AI is already part of the standard toolset of many trailblazing technology companies.
Running an Inception for an AI project is a bit different, and I would like to share my take on it. In particular, there are three things that immediately surface when exploring the potential for AI in new initiatives:
1. Greater Ambiguity
2. Training Data
3. Rapid Improvements in Integration and Solution Development
Our robot overloads may still be far away, but the reality is that AI and machine learning are already having a significant impact in a wide range of industries. They should both be in the consideration set when you plan your next Inception.
Next Paradigm has worked with numerous organisations to explore the potential for AI in their industry. For an initial discussion about how AI could benefit your organisation, contact us at letstalk@nextparadigm.com.au