The Evolution of Technology
Technology has evolved rapidly over the last 150 years and now intertwines itself in our daily lives. Imagine living in 1879 and lighting up a gas lamp in your house as nightfall sets in. Little did you know that down the street, Thomas Edison was busy inventing the light bulb. Imagine someone telling you then that in the future, humans would communicate with each other in real-time. Humans would eliminate diseases. Humans would stream entertainment and music around the world. Humans would live in space and travel to the moon.
Hard to imagine then, but this is reality today.
Now imagine someone telling you that 50 years from today, technology will surpass human intelligence. Technology will eliminate cancer. Technology will allow us to travel to Mars. Technology will connect all systems together. Technology will fundamentally change all aspects of our lives. Hard to imagine today, but this isn’t far-fetched.
Artificial intelligence is at the forefront of this technology revolution, which you most likely utilize in your daily life. Consider the following examples:
- You type some words in the Google search bar, and it suggests what you are looking for (Google AutoComplete, predictive search)
- You casually engage your digital assistant, to help you with daily tasks (Siri, Amazon Alexa)
- You listen to music recommended by Spotify or a movie recommended by Netflix (personalized recommendations)
When asked if the world has any idea of what is coming with artificial intelligence, Kai-Fu Lee, a foremost AI expert, remarked:
“I believe it’s going to change the world more than anything in the history of mankind. More than electricity.”
AI is estimated to deliver $13 trillion in additional global economic activity by the year 2030. However, most companies today are simply trying to figure out how to begin harnessing the power of artificial intelligence.
Many industry experts are quick to hand over a shortlist of best practices to set up an AI organization. Our approach is different. We view developing your AI capability akin to climbing a mountain, which requires many aspects coming together to get to the top. We lead you through this climb in phases, allowing you to get to higher levels, acclimatize and anchor your position, and then push to reach the next camp.
While it may seem daunting at first, the summit can be reached with the right forward planning on logistics and decision-making. It involves partnering with the right people and driving adoption to scale your AI organization and requires a practical understanding of the various tradeoffs and investments along the way.
This step-by-step guide will walk you through how to reach the AI summit.