Lifeboat Foundation: Safeguarding Humanity
Toggle light / dark theme

Blog

Category: business

Artificial intelligence has reached peak hype. News outlets report that companies have replaced workers with IBM Watson and that algorithms are beating doctors at diagnoses. New AI startups pop up everyday, claiming to solve all your personal and business problems with machine learning.

Ordinary objects like juicers and Wi-Fi routers suddenly advertise themselves as “powered by AI.” Not only can smart standing desks remember your height settings, they can also order you lunch.

Much of the AI hubbub is generated by reporters who’ve never trained a neural network and by startups or those hoping to be acqui-hired for engineering talent despite not having solved any real business problems. No wonder there are so many misconceptions about what AI can and cannot do.

Read more

We will be able to embed storytelling directly into business strategy development, tell meaningful and memorable stories that truly connect with employees and customers, craft moments that are personalized and frictionless, and as a bonus, have the ability to harness Watson to optimize distribution across channel, demo and geography.

This is particularly resonant as I believe that just as the last twenty years mandated that every organization strive to be a technology company, the next twenty will command every winning corporation to be a content or media brand. In my view, Watson and AI will be the ingredient brand catalyzing tomorrow’s innovation at leading corporations in many ways; but media for certain will be top of the list, as AI assists them in becoming the top content studios of the future. Smaller businesses can scale these ideas using Watson as well as compelling content creation becomes an increasingly important driver of business strategy.

Tomorrow’s business success stories will be fueled by AI that extends beyond the CTO and areas of pure technology and infrastructure, to the CMO and areas ranging from culture to communication to creativity. The winning formula of the future as articulated by IBM will be creativity + technology = meaningful engagement, and the ability to activate purposeful change.

Read more

The innovation office has a particular focus on technology and data, and it is working with such titans as Apple chief executive Tim Cook, Microsoft founder Bill Gates, Salesforce chief executive Marc Benioff, and Tesla founder and chief executive Elon Musk. The group has already hosted sessions with more than 100 such leaders and government officials.

The Office of American Innovation aims to overhaul government functions using ideas from the business sector. The president’s son-in-law will lead the Office of American Innovation, which wants to overhaul government by using ideas from the business sector.

Read more

Global AI investment fever has hit Russia, with a recently launched $100 million fund making its inaugural investments.

Announced in late 2016, the fund is backed by Larnabel VC, the venture arm of the Gutseriev family, one of the richest in Russia, and VP Capital, the investment vehicle of Belarussian businessman Viktor Prokopenya.

The joint fund is sector-agnostic. “We are interested in a wide range of companies that apply AI technologies in interesting, unique, and impactful ways. We don’t restrict ourselves to specific industries or sectors. We are interested in every application of artificial intelligence, from fintech to entertainment, to education, and beyond,” Prokopenya told East-West Digital News.

Read more