Summary of Framing AI for Business

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

Framing AI for Business summary
Start getting smarter:
or see our plans

Rating

8 Overall

10 Applicability

8 Innovation

7 Style


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.

In this summary, you will learn

  • What traits and behaviors define AI,
  • Why AI has gone from fringe technology to the mainstream, and
  • How to use four principles to apply AI to your business.
 

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...


More on this topic

By the same author

The Next Decade in Quantum Computing – and How to Play
8
The Economic Case for Combating Climate Change
9

Customers who read this summary also read

How We Can Build AI to Help Humans, Not Hurt Us
7
Can We Build AI Without Losing Control Over It?
8
3 Principles for Creating Safer AI
8
How AI Can Save Our Humanity
8
Confessions of an AI Optimist
7
How We Can Teach Computers to Make Sense of Our Emotions
9

Related Channels

Comment on this summary