Artificial Intelligence is the new normal. Part 1

We live in the age of Artificial Intelligence — and we're not sure how to deal with it. We're starting to see machines that not only replicate the work of doctors and lawyers, but can also chat with people in ways that feel very much like a human conversation. At the same time, we're also seeing computers that are better at winning the games of Go and chess than any human ever was. Researchers at our company (Dex Technologies) are even trying to build AI that can read millions of articles and write meaningful analytical articles based on the insights in minutes.

Whether you’re worried about a robot revolution or you’re a fan of technology, Artificial Intelligence (AI) has a lot of potential benefits, yet some people are not convinced like it’s a magic pill that will solve all our problems. Others believe that it could develop in unexpected ways and end up being a threat to humans. Musk has expressed his doubt regarding artificial intelligence:

"We should be concerned about where AI is going. The people I see being the most wrong about AI are the ones who are very smart, because they can't imagine that a computer could be way smarter than them. That's the flaw in their logic."

At the same time we are witnessing a growing investment by media companies in AI technology to leverage the most advanced applications of artificial intelligence.

Microsoft is investing $1 billion in OpenAI to support us building artificial general intelligence (AGI) with widely distributed economic benefits.

AI is transforming the way we consume information, creating new forms of entertainment and reshaping the way we interact with media. Artificial intelligence is playing an increasing role in news, content, editorial and advertising production and distribution, with the potential to transform the media industry.

Whatever field you are in, if it uses language, it is about to be transformed.

The media industry has long been seen as an easy target for disruption. It is highly fragmented, with many players operating in silos; The digital revolution has undoubtedly changed the face of the media industry, but there are still many players in traditional media who have been slow to adapt to the dramatic changes that have taken place.

43% of companies have a clearly defined AI vision and strategy

And at the same time only about 40% of companies have a clear framework for AI governance that covers all steps of the model-development process and manages AI-related risks.

Of course, there are a number of players who continue to invest in traditional media outlets but have adapted their focus more towards digital applications than on traditional print publications or television broadcasting. A great deal of time and money is invested in these companies, as they have well-established brands and networks.

As AI continues to get smarter, it will become more prevalent in all aspects of our lives. AI is often spoken of as the new industrial revolution, or the third technological revolution. It’s what will help us get from point A to point B.

It’s what will help us get from point A to point B.

It’s what will revolutionize our lives in new ways. But how can you prepare for this new normal, and how will it affect your business? In this series of posts, we’ll discuss how artificial intelligence is transforming our world and your business already, and what you can do to prepare for the future. In addition to a deep dive into AI, we’ll cover how to build a strategy around the technology, as well as the best practices and tools you need to put AI to work for you.