“The first step to success, he said, falls to leaders, who must develop a working knowledge of data science. ‘You would never be caught dead saying I don’t know anything about finance, but I’ve got this really smart CFO that knows everything about finance,’ said Anderson. The same should also be true of data science….
Tag: AI
AI (Artificial Intelligence): Build It Or Buy It?
“Experience: If your organization has little real-world experience with AI, then you might want to first look at off-the-shelf products. For example, a chatbot could be a good place to start, such as with basic customer support services. ‘It’s important to know that generic AI platforms require a massive data integration effort and an army…
Elon Musk Says Tesla Will Become One Of World’s Largest AI Companies, Hints Google Is Far Ahead
“Responding on Twitter, CEO Elon Musk said he believes Tesla will become one of the largest AI companies in the world. This is in relation to Tesla’s autonomous vehicle approach. Musk said “…it turns out that the only way to solve self-driving is to solve a big part of real-world AI,” when responding about Tesla’s…
Tiger Global leads $100 million investment in Indian social commerce DealShare
“The startup began as an e-commerce platform on WhatsApp, where it offered hundreds of products to consumers. It didn’t take long before a major consumer spending pattern was visible, Rao said. People were only interested in buying items that were selling at discounted rates, said Rao. Consumers wanted products that were relevant to them and…
Five Application Scenarios of AI in Banking
“Thanks to AI, banks generate 66% more revenue from mobile banking users than when customers visit branches. Companies that estimated their profit from Big Data analysis have reported an average increase in revenue by 8% and a reduction in costs by 10%. ABI Research estimates that spending on AI and cybersecurity analytics will amount to…