“Hogan notes how, in many respects, eCommerce paved the way for AI. Data collected for things such as advertising helps to train neural networks. In addition, eCommerce firms have consistently aimed to improve and optimise their algorithms for things such as recommendations to attract customers.
Nvidia has a machine called the DGX-2 which delivers two petaflops of performance. “That is one server that’s equivalent to 800 traditional servers in one box.”
Hogan says this has saved Walmart tens of billions of dollars. “This is just one example of how AI is making an impact today not just on the bottom line but also the overall performance of the business”.
Accenture is now detecting around 200 million cyber threats per day, claims Hogan. He notes how protecting against such a vast number of evolving threats is simply not possible without AI.”