While major firms have been early adopters of AI and machine learning, Salvatore Minetti argues small firms have so far been slow to embrace the potential. In 2014, the late great Stephen Hawking said of artificial intelligence: “This could be the best thing that we’ve ever done, or our last.”
It encapsulates the paradoxical views that have surrounded AI for half a century. On the one hand, machine learning (ML) – the ability for programmes to self-evolve – has triggered fears that computers will one day usurp mankind as the dominant force on earth. On the other hand, AI has been hailed as the next epoch of the digital age, bringing new scope for advancements hitherto not thought possible. Read more…