“According to BCG, companies that connect AI and digital initiatives are 12 percentage points more likely to see revenue impact, and 20 percentage points more likely to have seen either cost or revenue impact. Companies like Google, Amazon, and Apple, dominate their industries because they were the first to begin building data sets which helped…
Month: May 2021
Artificial Intelligence Vs Machine Learning Vs Deep Learning: What exactly is the difference ?
“Artificial Intelligence focuses on performing 3 cognitive skills just like a human – learning, reasoning, and self-correction. Artificial Narrow Intelligence – systems are designed and trained to complete one specific task and are often termed as Weak AI / Narrow AI. Artificial General Intelligence is when the AI systems/machines would perform on par with another…
Why AI in E-Commerce is the Powerplay That We All Need?
“Can we call AI a game-changer in the world of eCommerce? Well, AI is a trending concept that supports all modern technologies. With the fastest succession of technological breakthroughs, AI is rapidly revolutionizing the eCommerce industry as a whole. Creating Customer-Centric Visual Search Chat Bots Retargeting Potential Customers with AI Optimizing eCommerce through automated online…
Does AI need EQ?
“Xiaoice, a Chinese chatbot developed by Microsoft in 2014, is different from other AI assistants. With Xiaoice integrated in almost all Chinese-brand smartphones, the company is training its algorithms on data from 758 million online users. Its AI framework has enabled users to create over 6 million…customized “AI beings” that can have completely different personalities…
RPA vs. cognitive automation: What are the key differences?
“RPA is typically programmed upfront but can break when the applications it works with change. Cognitive automation requires more in-depth training and may need updating as the characteristics of the data set evolve. ‘RPA is a technology that takes the robot out of the human, whereas cognitive automation is the putting of the human into…