Artificial Intelligence (AI) is revolutionizing the face of the planet. Machines are getting better at analyzing tons of data, predicting behaviors and even start to develop emotional intelligence.
However, there is still a lot of education needed around AI in order for the technology to be fully understood and embraced in our everyday life. That’s why the second edition of Les Entretiens D’Abu Dhabi, organized by the French Business Group was focusing on the topic: Artificial Intelligence Towards a Better Life.
The UAE were the first country to appoint a Minister of State for Artificial Intelligence, HE Omar Bin Sultan Al Olama, in October 2017, as a clear statement for the country’s ambition to be at the forefront of the global technological revolution.
AI is expected to add 1.6 percentage points of economic growth in the UAE by 2030, it’s only fair to share an overview on the key insights of the event with you.
Plurality over singularity
The concept of singularity prones that someday artificial intelligence will overtake human intelligence.
During the discussions, AI XPRIZE Ambassador Alexandre Cadain brightly pointed out that beyond the awaited and talked about singularity, the most exciting part of AI lies in its potential to augment the human capabilities to generate a multitude and non-standardized scenarios, inventions, designs [..] of the future.
As such, no future smart city would look alike, wouldn’t we want them to.
There is a common belief when we talk about technology and AI fueled innovation that the world of tomorrow will tend to be more standardized, blurring the different definitions of culture and identity.
But AI could be, and must be instrumental in enhancing [the singularities] we have in our cultural heritage.
AI is not the goal; it is the mean to an end
AI is a technology that can be leveraged to solve a business problem and customers pain-points. Businesses and governments may want to adopt a customer-centric approach to understand how artificial intelligence can help them solve their users’ problems or enhance their experiences.
It is at the intersection of industries that the greatest innovations will take place.
AI must be applied to other disciplines to unravel its full potential.
During the disciplinary discussions at Les Entretiens D’Abu Dhabi, HE Omar Bin Sultan Al Olama, Minister of State for Artificial Intelligence in the UAE emphasized for example the potential of ‘Artificial Intelligence to help unleash the power of expression in art and culture’ in the future.
AI will augment, not replace
You can read a lot of mixed opinions about AI and the potential threat it represents to current services or humans (eg. traditional employment). People are reluctant to its development or adoption by fear to be ‘replaced by the machines’.
Many jobs will be displaced, not replaced. AI adoption and implementation will create new jobs and opportunities for businesses by allowing people to focus on new and different areas of their activities and opening up new ways for driving value.
If you want to know more about the impact of technology on employment, and the opportunities unraveled by Man Machine Collaboration, check out our slideshare on this topic:
Data management is key
Finally, the discussions couldn’t be wrapped up before talking about critical role of data in all of this. Data ownership, data security and data sanity.
Organizations should ask themselves those three questions before engaging with AI technology:
- Which data do we need to capture & treat to serve our purpose?
- How can we ensure that the data that we feed to our AIs is unbiased?
- How are we securely storing that data and ensuring that it is used by the right parties for the right purpose?
AI is here to stay. In fact it isn’t really a new thing, it’s been around since the 60s but only maturing today.
What to do next?
- Define where you want your organization to be heading for the next 3-5 years
- Educate your company on what is AI and what can be done with it
- Understand that AI is a mean to an end, not the goal
- Design a solid approach for your data management as the starting point
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About Duval Union Consulting
We are new-style management consultants focusing on transforming and growing organizations in a digital-first world with offices in Europe and the Middle East. New-style? Co-created business strategy, custom-made transformation trajectories and actual experienced business advisors are only some of our differentiators and why clients love to work with us. We design the future of your business together.
Maëlle Basselot is the personification of what we call Clouds & Dirts: combining high-level strategy with practical experience in execution. Maëlle is a master in Strategy & Innovation who traveled the world to grow and transform businesses.