EDITOR’S LETTER
The debate of human vs machines has only been increasingly progressing in the last few years, with a surge in digital innovation and the associated opening of immense possibilities with digital. Big data debates are more about how human judgement could be potentially replaced with machines. The role of intuition in interpreting data vs. using algorithms to test the hypothesis to know whether the intuition is correct is still work in progress. While the results from such initiatives still remains to be widely seen, there is no doubt anymore that repetitive, labor intensive tasks will be replaced by machines by the turn of this decade.
Artificial Intelligence (AI) to most people means technology that thinks and acts like humans. AI is reshaping how enterprise processes work as a result of deploying technologies such as voice/image recognition and response, machine and deep learning, recommendation engines, predictive API’s to virtual personal assistants, systems for decision support and automated written reporting and communications. Its use cases have seen applicability across sales, fraud detection, security authentication, HR, Marketing, personal assistant to intelligence tools. Autonomous self- supporting AI’s are in fact threatening to totally re-shape the way industries operate, and its larger impact on economies including jobs.
How will enterprises of the future look like? This edition titled ‘AI and the future of enterprises’ explores the impact of AI on the performance of enterprises today and in the future. This edition also features a curated snapshot of the AI landscape that aims to summarize for you, how this topic has been trending recently both within the venture capital community, as well as increase in the number of projects in Deep Learning within a company like Google which is one of the world’s largest information exchange.
We hope you enjoy this edition. Please keep your feedback coming.
May millions of lamps illuminate your life with endless happiness and prosperity. Wish you a very happy Diwali.
Best regards,
Srividya Kannan
Editor, Illuminar
