Democratizing AI to empower individuals, organizations and society

This is an unprecedented moment in human history. Technologies are emerging and affecting our lives in the Fourth Industrial Revolution in new and unanticipated ways. This is a new era that builds and extends the impact of digitization. Artificial intelligence is not new to us. It’s only in recent years that AI has made such impressive progress, primarily driven by the exponential increase in computing power, vast amounts of data, and notable breakthroughs in algorithms. We will experience intelligence in every facet of our lives: in the products and services we use, how we communicate and relate to each other, how organizations function and collaborate, and how society and countries evolve. With such enormous potential, it is no wonder that all enterprises are ramping up their investments in AI. However, there are challenges. Everyone acknowledges that AI has broad transformative potential, but enterprises struggle to translate this potential into tangible advantages. Some of the key obstacles to organizations’ progress with AI include the requirements to establish a strategy and goals, justify and secure investments for projects. Without a comprehensive strategy, enterprises often utilize AI only in limited instances. These single-use cases only scratch the surface of the potential of AI. The real power of AI is in its ability to holistically transform the enterprise and redefine business in ways beyond our present frames of reference