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		<title>Three Misconceptions About AI And Robotics In Business (And What You Should Know)</title>
		<link>https://www.aiuniverse.xyz/three-misconceptions-about-ai-and-robotics-in-business-and-what-you-should-know/</link>
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		<pubDate>Thu, 16 Jan 2020 11:18:54 +0000</pubDate>
				<category><![CDATA[Data Robot]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[AI Business]]></category>
		<category><![CDATA[Artificial Intelligence]]></category>
		<category><![CDATA[Misconceptions]]></category>
		<guid isPermaLink="false">http://www.aiuniverse.xyz/?p=6194</guid>

					<description><![CDATA[<p>Source: As technology develops, especially with advancements in artificial intelligence (AI) and robotics, people can become fearful and anxious about what they don’t know or don’t understand. <a class="read-more-link" href="https://www.aiuniverse.xyz/three-misconceptions-about-ai-and-robotics-in-business-and-what-you-should-know/">Read More</a></p>
<p>The post <a href="https://www.aiuniverse.xyz/three-misconceptions-about-ai-and-robotics-in-business-and-what-you-should-know/">Three Misconceptions About AI And Robotics In Business (And What You Should Know)</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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<p class="wp-block-paragraph">Source: </p>



<p class="wp-block-paragraph">As technology develops, especially with advancements in artificial intelligence (AI) and robotics, people can become fearful and anxious about what they don’t know or don’t understand. </p>



<p class="wp-block-paragraph">Brain Corp has deployed autonomous robots globally in different workplaces and across various industries, and in that process, several common questions and misconceptions pop up when we meet customers who are deciding how to deploy and support robots in their specific environments.</p>



<p class="wp-block-paragraph">These misconceptions often fall at the extremes — people either worry about the potential of AI and their robot acting on its own accord, or they expect far more from their robot than it was programmed to do. These perspectives are understandable given the celebration of advanced technology and the proliferation of robots in popular books, movies and comics. </p>



<p class="wp-block-paragraph">Take Rosie the Robot from the 1960s cartoon The Jetsons, who seamlessly completed multiple tasks simultaneously around the house. This futuristic technology often featured in our favorite TV shows just isn’t possible yet. Although we’re seeing great advancements in AI in areas such as voice-command devices, robotic arms and indoor self-driving vehicles, we still have a long way to go before reality meets science fiction.</p>



<p class="wp-block-paragraph">Here are a few of the questions I regularly field from customers:</p>



<ol class="wp-block-list"><li><strong>What exactly is AI?</strong></li></ol>



<p class="wp-block-paragraph">Artificial intelligence is an umbrella term for a computer’s ability to perform tasks that require human intelligence, such as speech or facial recognition, language translation, visual perception or simple decision-making. This can operate at different levels, but overall, AI mimics what humans would do with a thought process, movement, computation, object recognition or decision. </p>



<p class="wp-block-paragraph">Robotics falls under this term as well. Since developers must create the algorithms that make decisions to perform a task (a mobile robot moving around an object, for example), the decisions and movements are often specific and limited to the task at hand. </p>



<p class="wp-block-paragraph">AI is still early in its lifespan, and right now, it’s manufactured for specific solutions for different problems, such as automated floor-cleaning robots or self-driving delivery robots in factory and warehouse environments. In healthcare, AI is beginning to help with the accuracy of medical diagnoses. </p>



<p class="wp-block-paragraph">Intelligent technology (picking a movie or retail product based on your likes and viewing history) is based on vast amounts of data libraries collected from real-world experiences and requires large data sets to work well.  Robots “learn” from the data you provide and the algorithms you program. As the amount of input data increases from a growing fleet of machines, the better the AI or robotic function becomes. </p>



<p class="wp-block-paragraph"><strong>2.</strong> <strong>What can robots do?</strong></p>



<p class="wp-block-paragraph">As our founder Eugene Izhikevich says, “Computational hardware that mimics true AI doesn’t exist.” Although we can process astounding amounts of data in small amounts of time and the size of data storage is shrinking to miniscule levels, computers still can’t process information and decisions in the same way humans do. </p>



<p class="wp-block-paragraph">We can think about multiple things at one time — we can walk and chew gum and solve a math problem in our head while looking ahead and paying attention to traffic. In contrast, robots are generally focused on one task or a series of movements and decisions to complete a task. </p>



<p class="wp-block-paragraph">That being said, autonomous mobile robots (AMRs) process thousands of computer vision data points to make one decision or a series of decisions in a sequence. Many are now also adding the complexity of manipulation (picking) or scanning shelves for inventory, but it still does not match what the human mind can do. However, the accuracy and consistency from robots and AI is saving businesses time and streamlining operations.</p>



<p class="wp-block-paragraph">Robots are not self-learning today, although we are beginning to see promise from early “reinforcement learning systems.” AMR operating systems must tell the robots how to decide and whether to turn left or right. Robotic intelligence is not equal to human intelligence and not able to develop new capabilities that are unrelated to the already programmed task. </p>



<p class="wp-block-paragraph">For changes to occur, we must make new features or enhancements to the software code or algorithm and test for safety, security and performance. New capabilities come with new versions of software, and during its lifespan, your robot will be able to do more and have more “bells and whistles,” but that must be programmed by a human.</p>



<p class="wp-block-paragraph"><strong>3.</strong> <strong>What is the extent of robotics today?</strong></p>



<p class="wp-block-paragraph">Robotics has seen remarkable market growth in terms of sales and number of companies, particularly in the past five years. However, since robots can only perform a given set of tasks, they are intended to serve as a tool to help us do our jobs better. Customers sometimes expect a revolutionary robot that can tackle every task, but that’s simply not the case. Equipped with sensor kits, navigation software, and connected by the cloud, robots powered by BrainOS, which is Brain Corp’s indoor self-driving technology, can do an impressive amount of autonomous maneuvering. They can move items from one space to another in a warehouse environment or efficiently clean grocery store floors, but they cannot act as a personal assistant. </p>



<p class="wp-block-paragraph">In short, robots can automate certain tasks and make certain processes more efficient, yet at the end of the day, they are machines with hardware that wears down eventually, parts that need to be replaced, and software that requires updates — just like smartphones.</p>



<p class="wp-block-paragraph">All in all, artificial intelligence and robotics give us the tools and systems to make our lives easier and help businesses do more. These technologies also create new jobs for those who program, deploy and maintain robots at companies around the world. We are seeing a new industry emerge, enabling the “Internet of Things” to become a reality through cloud-connected devices. </p>



<p class="wp-block-paragraph">Just as we saw an evolution in technology during the Industrial Revolution, we are taking another step in that direction. Although there is angst and concern about what’s to come, we can also embrace the possibility of what it means for tomorrow.</p>
<p>The post <a href="https://www.aiuniverse.xyz/three-misconceptions-about-ai-and-robotics-in-business-and-what-you-should-know/">Three Misconceptions About AI And Robotics In Business (And What You Should Know)</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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		<title>Artificial Intelligence Is Here To Stay, But Consumer Trust Is A Must for AI in Business</title>
		<link>https://www.aiuniverse.xyz/artificial-intelligence-is-here-to-stay-but-consumer-trust-is-a-must-for-ai-in-business/</link>
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		<dc:creator><![CDATA[aiuniverse]]></dc:creator>
		<pubDate>Wed, 13 Sep 2017 06:39:44 +0000</pubDate>
				<category><![CDATA[Artificial Intelligence]]></category>
		<category><![CDATA[AI adoption]]></category>
		<category><![CDATA[AI Business]]></category>
		<category><![CDATA[AI technology]]></category>
		<category><![CDATA[AI transformation]]></category>
		<guid isPermaLink="false">http://www.aiuniverse.xyz/?p=1099</guid>

					<description><![CDATA[<p>Source &#8211; forbes.com One of the most significant advances for sales in this decade is the growing sophistication and accuracy of predictive analytics—the science of knowing how and <a class="read-more-link" href="https://www.aiuniverse.xyz/artificial-intelligence-is-here-to-stay-but-consumer-trust-is-a-must-for-ai-in-business/">Read More</a></p>
<p>The post <a href="https://www.aiuniverse.xyz/artificial-intelligence-is-here-to-stay-but-consumer-trust-is-a-must-for-ai-in-business/">Artificial Intelligence Is Here To Stay, But Consumer Trust Is A Must for AI in Business</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Source &#8211; <strong>forbes.com</strong></p>
<p>One of the most significant advances for sales in this decade is the growing sophistication and accuracy of predictive analytics—the science of knowing how and why and when people buy, and the best ways to approach them in sales. Predictive analytics is, in my opinion, one of the most compelling uses of Artificial Intelligence (AI).</p>
<p>The sales industry is beginning to catch on. However, inbound marketing and sales (along with many other functions and sectors) must continue to advance their use of AI in the ways their customers will consider useful and welcome, as opposed to invasive or “creepy.”</p>
<p>To that end, my Labs Team at InsideSales.com just completed their newest study on the State of Artificial Intelligence. It’s an interesting read and you can find the executive summary here.</p>
<p>In this report, we asked just under 2,000 people (1,985 respondents) from a variety of backgrounds and locations within the U.S. to give us their perceptions of this disruptive technology. For AI to reach its full potential in sales (and every other applicable industry), it is vital that we understand and respect their opinions well.</p>
<p><strong>In summary, here’s what we learned.</strong></p>
<p>In 2016, the AI market was worth $644 million. In 2017, the market value of AI is expected to double and continue to grow exponentially until it reaches $38.6 billion in less than 10 years.</p>
<p>Consumer-driven companies like Google are leading the charge with more than 11 acquisitions, so far, while business-driven companies like Salesforce, who joined the race more recently, acquired two AI based companies in the last year. <span class="tweet_quote">AI is here to stay and it’s not just changing the market, it’s shaping the way we live and work. </span></p>
<p>When it comes to AI adoption, however, most survey respondents are still getting their feet wet, and are split in their use (and opinions) of AI in both their personal and business lives. Outside of work, more than half (54.7 percent) have at least dabbled with the use of AI. About 10.5 percent could be considered early adopters, using AI on a regular basis.</p>
<p>The data suggests that regular use of AI may have a correlation with income. In the survey, 54.6 percent of consumers say they use AI, however, when it comes to the percentage of consumers using AI all the time, 23.3 percent make less than $25,000 per year. This was the largest percentage in all income brackets, with this demographic consistently showcasing a familiarity with AI.</p>
<p>Today’s consumers experience AI primarily through services geared towards travel or entertainment, such as navigation apps (60.3 percent), video streaming (55.2 percent) and music streaming (47.4 percent). These technologies are familiar to consumers, having been in use for a decade or more.</p>
<p>However, the newer uses of AI have yet to hit critical mass. For example, only 12.0 percent of consumers surveyed find AI-enhanced assistants like Amazon Alexa useful so far. Home automation and bots in the workplace are slower to achieve acceptance as well, with only 5.5 percent and 1.0 percent of respondents respectively reporting regular use of these advances in their day-to-day lives.</p>
<p><strong>What Is Holding AI Back? It’s a Matter of Trust</strong></p>
<p>Even as apps and services that rely on AI continue to become more widespread, the results of our survey show that consumers continue to feel trepidation around AI. In fact, when presented with a list of popular AI services, 41.5 percent of respondents could not cite a single example of AI that they trust.</p>
<p>As with many technological advancements, acceptance is growing most quickly on the East and West Coasts. In New England, only 36.6 percent of consumers reported a lack of trust for AI. Similarly, only 38.0 percent of West Coast respondents report lack of trust.</p>
<p>However, nearly half (49.2 percent) of consumers in the Middle Atlantic region (NY, PA, NJ) report a lack of trust in AI and are especially wary of its use in industries that have historically required a human touch (such as financial planning, hiring or medical diagnosis). Only nine percent of respondents trust AI with their financials, and only four percent trust AI in the HR hiring process.</p>
<p>Consumers also have opinions about the companies they trust to lead the AI transformation and to deliver AI technology that reliably works. When asked to select their top three choices of providers, 54.3 percent of consumers ranked Google first. Apple places second with 46.3 percent of responses and Microsoft, at 40.1 percent, narrowly surpasses Amazon, with 39.6 percent, for the number three spot.</p>
<p>What do these results mean for entrepreneurs? For vendors whose offerings are centralized on AI implementation, you have your work cut out for you to demonstrate safety and reliability and to generate trust. However, the rapid growth of AI should clearly indicate that your prospects for success are increasingly high.</p>
<p>For industries that are indirectly impacted by AI (which is perhaps all of them, but most especially sales), the message from this industry research should be clear: Be respectful of privacy, always (for example, your sales prospect may not be eager to have it be visibly evident to others what they’ve been recently shopping for). Demonstrate the uses of AI that deliver convenience (such as routing them to their best purchase options more quickly) or that shorten their unwelcome tasks (such as filling out applications). Let your use of AI be increasingly evident to consumers in the ways they consider a boon.</p>
<p>The post <a href="https://www.aiuniverse.xyz/artificial-intelligence-is-here-to-stay-but-consumer-trust-is-a-must-for-ai-in-business/">Artificial Intelligence Is Here To Stay, But Consumer Trust Is A Must for AI in Business</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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