The promise of AI – where is AI taking us?
So, where is this era of AI implementation headed and what does it mean for all industries? At this point, we’re looking at an industry of geopolitical influence, a technologically obvious decision that comes with a lot of responsibility, cost, and opportunity. As long as companies and PMs are aware of the risks, costs, and level of investment needed to properly care for an AI program, use it as a source of curiosity, and apply AI/ML to projects that create success early on and build from that knowledge, those that invest in AI will find themselves experiencing AI’s promise. This promise is rooted in quantifying prediction and optimization. Here are a few examples:
- 35% of Amazon’s sales come from their personalization and recommendation engine because of its effectiveness at suggesting products based on their users’ behaviors, preferences, and past purchases. As this is 35% of their total revenue...
