Artificial intelligence (AI) sounds like something straight from a sci-fi novel, but it’s very likely that you already interact with it on a daily basis. AI is in play when we use an internet search engine and when someone goes online to make a purchase. But has it already permeated throughout our lives and in society that we don’t even realize it?
The conversation is no longer how we define AI but how we scope, deploy and scale to realize business value and benefits. Without a doubt, AI is big business across nearly all industry sectors. By 2025 AI software revenues alone will reach near $100 billion globally.
Artificial intelligence is impacting the future of virtually every industry and every human being. As the fourth industrial revolution evolves, artificial intelligence technology is transforming the way humans and machines work together. As the main driver of emerging technologies like big data, robotics and IoT, AI will continue to act as a technological innovator for the foreseeable future.
Moderated by Phoenix Business Radio Owner & President Karen Nowicki, featured guests from AdviNOW Medical and Intel Corporation shared their insight and expertise on the ways artificial intelligence will change our personal lives, the workplace and the world, as well as how organizations and government agencies must navigate the complex landscape of rapid technology advances and application to stay competitive.
In the Arizona Technology Council’s December 2020 podcast, James Bates, CEO of AdviNOW Medical, and Greg Leeming, research and program director at Intel Corporation, kicked off the conversation by discussing what exactly is artificial intelligence and just how intelligent it is.
“AI is a combination of different activities,” Leeming said. “It’s the merging along with other technologies that has the ability to learn, pick up patterns and make projections on anticipated outcomes.”
“Ultimately, for the non-technical person, many times it equates to automation….from chatbots to everywhere,” Bates added. “A lot of the things we do every day are going to be replaced by artificial intelligence.”
This distinguished panel of tech experts also shared valuable insight into some of the emerging trends in AI that we can expect to see in 2021 and in the next five years, as well as how artificial intelligence has changed the delivery of healthcare. According to Bates, there are many opportunities for AI to be deployed in the healthcare sector and in the delivery of medical treatment.
“In 5-10 years, we can expect to see doctor visits include some type of artificial intelligence,” Bates said. It’s already starting. Front-end chatbots are really starting to take off. But we will see it take off more in the very near future for the delivery of healthcare.”
STEVEN G. ZYLSTRA
The official podcast of the Arizona Technology Council, AZTechCast is dedicated to covering innovation and technology in Arizona and beyond. Through the art of the connected conversation, AZ TechCast’s hosts and guests share success stories, tech news and analysis about the region’s leading startups, companies and emerging technologies, as well as the latest industry trends and critical issues propelling Arizona’s growing technology ecosystem. Visit www.aztechcouncil.org/techcast to learn more or to listen to recent episodes.
About Phoenix Business RadioX
Karen Nowicki is the owner and president of Phoenix Business RadioX. Amplifying the voice of business, Phoenix Business RadioX helps local businesses and professional associations get the word out about the important work they’re doing to serve their market, profession and community. A successful author, speaker and the creator of Deep Impact Leadership™ and SoulMarks Coaching™, Nowicki is a two-time recipient of the prestigious national Choice Award® for her book and personal development retreat. In addition, Nowicki has been an expert guest on regional TV and radio shows, including Fox Phoenix Morning Show, Sonoran Living, Good Morning Arizona, The Chat Room and Mid-Day Arizona. Recognized for her leadership and business acumen, she has been a regular contributor to many print and online magazines – publishing articles and blogs for business and education.