How AI is Fostering Innovation

Artificial intelligence is changing everything. It is changing our personal lives and it will change the future of business. We already see it being used in internet searches, customer targeting, and even in performance evaluations. It is merging our personal lives with our business lives as devices learn more about us and location-based intelligence always knows where we are and what we are doing. But it can also frustrate us. As social media uses it to target us, cookies track our behaviour; we very often feel like big brother is watching us. AI also makes mistakes. Algorithms sometimes predict wrong behaviour and bots very often cannot answer our customer service questions, proving that AI is still at its infancy. But AI is influencing innovation. It is helping us become more creative and as we try to solve problems in new ways. This episode explores the state of AI and how it is stimulating innovation while pushing us into the future.