Is AI Just Automation + Data?
BW Businessworld|21 October 2023
IN RECENT MONTHS, the term “AI” has become a buzzword in technology and business circles, often used to describe a wide range of innovations
Srinath Sridharan
Is AI Just Automation + Data?

For those of us from non-tech industries, ChatGPT’s introduction a few months ago was the biggest trigger for our AIspeak.

One of the common myths that AI is simply just automation + data, probably trivialises a field that has rich history, a rapidly evolving present, and a future with impossible possibilities and plausibilities. The concept of artificial intelligence has been around for over half a century. It originated in the 1950s when pioneers like Alan Turing and John McCarthy began exploring the idea of creating machines that could simulate human intelligence.

Early AI systems were rule-based and had limited capabilities, but they sparked a fascination with the potential of machines to mimic human cognition. Over the ensuing decades, AI underwent significant advancements. Expert systems, neural networks, and machine learning algorithms emerged, each contributing to the field’s growth. Artificial Intelligence started to excel in areas like game playing, language processing, and data analysis. However, its widespread adoption remained limited due to computational constraints and the absence of vast datasets.

The turning point came in recent years with the explosion of data and computing power. The availability of vast amounts of data, combined with more power ful processors and improved algorithms, allowed AI systems to surpass human capabilities in tasks such as image recognition and natural language understanding. This data-centric approach has indeed been a crucial component of AI’s recent success.

”Is AI just Automation + Data? That’s like saying humans are just bones + flesh. Sure, it’s an essential part, but there’s a whole lot of magic happening in the brain circuits!”

Bu hikaye BW Businessworld dergisinin 21 October 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye BW Businessworld dergisinin 21 October 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BW BUSINESSWORLD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Gauging Trumponomics For India
BW Businessworld

Gauging Trumponomics For India

Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0

time-read
2 dak  |
November 16, 2024
Reflections on Consciousness and Creation
BW Businessworld

Reflections on Consciousness and Creation

Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind

time-read
2 dak  |
November 16, 2024
MORE TAKE TO DRIVING IN STYLE
BW Businessworld

MORE TAKE TO DRIVING IN STYLE

High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure

time-read
4 dak  |
November 16, 2024
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
BW Businessworld

India's Growing Affinity for Swiss Watches: A Luxury on the Rise

NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.

time-read
2 dak  |
November 16, 2024
An ENRiching Outlook
BW Businessworld

An ENRiching Outlook

KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence

time-read
2 dak  |
November 16, 2024
Paving the Path to a Sustainable Future
BW Businessworld

Paving the Path to a Sustainable Future

Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees

time-read
2 dak  |
November 16, 2024
LEADERSHIP TRANSITION AT XIAOMI INDIA
BW Businessworld

LEADERSHIP TRANSITION AT XIAOMI INDIA

Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus

time-read
3 dak  |
November 16, 2024
WEAVING SUSTAINABILITY
BW Businessworld

WEAVING SUSTAINABILITY

Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain

time-read
1 min  |
November 16, 2024
FORCE FOR GOOD
BW Businessworld

FORCE FOR GOOD

FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives

time-read
1 min  |
November 16, 2024
REIMAGINING TOMORROW
BW Businessworld

REIMAGINING TOMORROW

For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders

time-read
1 min  |
November 16, 2024