How Artificial Intelligence Could Empower Any Business | Andrew Ng.

Andrew Ng is a thought leader in artificial intelligence, a co-founder of Google Brain and former chief scientist at Baidu. “It is difficult to think of a major industry that AI will not transform. This includes healthcare, education, transportation, retail, communications, and agriculture. There are surprisingly clear paths for AI to make a big difference in all of these industries.” ~Andrew Ng.

We asked AI “How can AI Empower Business?” This was the answer.

Artificial intelligence (AI) has the potential to empower businesses in a number of ways. Some of the ways in which AI can empower businesses include:

Automation: AI can be used to automate routine tasks, freeing up time and resources that can be better spent on more complex, value-added tasks.
Improved decision making: AI can help businesses make better, more informed decisions by analyzing large amounts of data and providing insights that may not be immediately apparent to humans.
Increased efficiency: By automating tasks and improving decision making, AI can help businesses operate more efficiently, potentially leading to cost savings and increased profits.
Personalization: AI can be used to personalize experiences for customers, increasing their satisfaction and loyalty.
Predictive analytics: AI can help businesses predict future trends and patterns, allowing them to make proactive decisions and stay ahead of the competition.
Improved customer service: AI can be used to improve customer service by providing quick and accurate responses to customer inquiries, helping businesses to retain and attract customers.

AI Quotes

“If we can make computers more intelligent – and I want to be careful of artificial intelligence hype – and understand the world and the environment better, it can make life so much better for many of us. Just as the Industrial Revolution freed up a lot of humanity from physical drudgery I think AI has the potential to free up humanity from a lot of the mental drudgery.” ~Andrew Ng
“Artificial intelligence (AI) is an infant at best. Once it becomes a teenager and believes it is smarter than its parents will AI rebel?” ~Dave Waters
“Everything that moves will be autonomous someday, whether partially or fully. Breakthroughs in AI have made all kinds of robots possible, and we are working with companies around the world to build these amazing machines.” ~Jensen Huang, Nvidia CEO.
“Every company has messy data, and even the best of AI companies are not fully satisfied with their data. If you have data, it is probably a good idea to get an AI team to have a look at it and give feedback. This can develop into a positive feedback loop for both the IT and AI teams in any company.” ~Andrew Ng
“If you look at the robotic devices that are coming into the restaurant industry — it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging French fries — it’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe.” ~Ed Rensi
“Machine learning and deep learning will create a new set of hot jobs in the next 5 years.” ~Dave Waters.
“Artificial intelligence will reach human levels by around 2029. Follow that out further to, say, 2045, we will have multiplied the intelligence, the human biological machine intelligence of our civilization a billion-fold.” ~Ray Kurzweil.
“I am looking into quite a few ideas in parallel and exploring new artificial intelligence businesses that I can build. One thing that excites me is finding ways to support the global AI community so that people everywhere can access the knowledge and tools that they need to make AI transformations.” ~Andrew Ng