Artificial Intelligence (AI), Machine Learning (ML) and Deep Learning (DL) are at the heart of digital transformation by enabling organizations to exploit their growing wealth of big data to optimize key business and operational use cases.
• AI is the theory and development of computer systems able to perform tasks normally requiring human intelligence (e.g. visual perception, speech recognition, translation between languages, etc.).
• ML is a sub-field of AI that provides systems the ability to learn and improve by itself from experience without being explicitly programmed.
• DL is a type of ML built on a deep hierarchy of layers, with each layer solving different pieces of a complex problem. These layers are interconnected into a “neural network.” A DL framework is SW that accelerates the development and deployment of these models.
See “Artificial Intelligence is not Fake Intelligence” for more details on AI | ML | DL.
And the business ramifications are staggering (see Figure 1)!
And Senior Executives seem to have gotten the word. BusinessWeek (October 23, 2017) reported a dramatic increase in mentions of (more…)