The Latino Community
Artificial Intelligence - Business Intelligence and the Latino Community
Artificial Intelligence (AI) is the study and creation of intelligent entities -- software or machine -- that can perceive environments and manipulate them logically, often mimicking human abilities. AI feeds on large data sets and gains intelligence through algorithmic learning.
Organizations are turning to Business Intelligence (BI) to address the challenges of how to utilize vast amounts of data. BI includes technologies, applications, infrastructure and tools, and best practices enabling access to and analysis of information to support informed business decisions.
AI is a game-changing technology for customer acquisition, automation, design, research, and product development. A recent Massachusetts Institute of Technology/Sloan Management review study found that more than 84% of executives have prioritized AI adoption for competitive advantage.
A favorite axiom in the tech industry is that we tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run. This could not be a more accurate description of artificial intelligence (AI) in 2018. From wildly optimistic predictions of an Iron Man-style “Jarvis” AI anticipating all of your needs to a terrifying vision of Terminator-like robots taking over, most of the AI media coverage today is off the mark. The real headline about AI is much more mundane, sobering, and concerning: Anything that can be automated will be.
While AI continues to disrupt global business, an acute shortage of AI talent is hindering progress – this skills gap has resulted in skyrocketing demand for AI professionals.
AI will transform every industry, every company, and every customer’s experience. This means it will also transform what work is – impacting everyone’s job in the process. It’s not a question of if, but when, AI will transform your industry – and your job. But who will be most at risk from this transformation? The answer, it turns out, is Latinos.