Summary of Framing AI for Business

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Framing AI for Business summary
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Rating

8

Qualities

  • Applicable
  • Overview
  • For Beginners

Recommendation

Boston Consulting Group senior partner Philipp Gerbert competently and clearly discusses AI – without testing your patience. What initially seems a standard PowerPoint presentation swiftly proves itself a solid primer on AI for business. getAbstract suggests updating your business playbook with lessons from this relevant talk.

About the Speaker

Philipp Gerbert is a senior partner and managing director at the Boston Consulting Group Munich.

 

Summary

Artificial intelligence (AI) brings a new paradigm to computing. Traditional computers automate logic and calculation. By contrast, “AI automates inductive learning,” the cycle of taking input, acting and receiving feedback. Thus, AI is any “machine-based system” that recognizes its surroundings, pursues objectives, changes as needed, and then delivers information or action. AI builds on simple principles, including a “neural networks” algorithm. Such networks are analogs to the human brain, with its nerves and synapses. Yet AI works faster than the human brain and solves problems much differently. How did AI become mainstream? Processing...


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