AI Limitations in 2019: Data hungry, opaque, brittle systems

Though we preach that AI investments can transform businesses, we are also not naive in our beliefs in AI’s current capabilities. Most modern AI systems suffer from common issues highlighted by respectable publications that we will collect here:

Reliance on large volumes of data

Impacts deep learning algorithms. Sadly, even when data is available, it’s likely to suffer from bias.

Research on one shot learning is an attempt to solve this problem.

Reliance on labeled data

Limits supervised learning algorithms to relatively few problems where labeled data is either available or where the solution is so valuable that companies invest in preparing semi-manually labeled data. Read more

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Veritone enabling accessible & actionable AI: Interview with CEO Chad Steelberg

First of all, we are grateful to Chad for his time. At AIMultiple, we help companies identify how AI can help their business. As the leader of successful tech companies for more than 25 years and as the co-founder & CEO of Veritone, one of the very few publicly listed companies focused on AI, Chad is one of the most knowledgeable people on the subject.

If I had to summarize your business in a sentence, I would call it a scalable AI powered audio/video analysis tool. Is that a good description?

Veritone goes beyond audio and video analysis utilizing AI because, unlike other technology on the market, it makes artificial intelligence accessible and actionable through a single SaaS-based and can be deployed in virtually any environment, with the demonstrated ability to create opportunity and solve problems.
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25 RPA Conferences for Business Leaders in 2019 [Sortable]

You want to learn more about how RPA can help your business. You want to hear real-world examples, leverage experience of experts and understand your different options regarding RPA. We have plenty for you to learn from such as comprehensive RPA guide, checklist for RPA tool selection or RPA implementation best practices but conferences are also a great place to learn and network.

We have seen 2 types of conferences:

  • Conferences by leading RPA companies: Automation Anywhere, Blue Prism, UiPath, WorkFusion all organize conferences to highlight the latest updates to their solutions and connect with current and potential customers
  • Conferences by conference organizers: RPA companies also sponsor quite a few conferences organized by conference specialists that bring together solution providers and end-users

We prepared this sortable comprehensive list so you can easily sort by city or date or other parameters to find the right conference for your interest. Read more

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80+ AI Conferences for Business Leaders in 2018 [Sortable]

You want to learn more about how AI can help your business but you don’t want to spend your day in a coding event. You want to understand the business benefits, ROI, costs, implementation time of solutions.

You are in the right place! We prepared this sortable comprehensive list so you can easily sort by city or date or other parameters to find the right conference for your interest.

*If organizer frequently organizes AI events

Or you can skip the conferences and ask us to find the right AI solutions for your business: Read more

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4 RPA alternatives to consider before RPA investment in 2019

Robotic Process Automation is a great technology and we have written extensively about its benefits, however it is not without alternatives. There are 3 major alternatives to RPA, and new developments that transform RPA. CxOs need to make smart trade-offs to find the optimal path for their companies. Alternatives to RPA are:

  1. IT transformation: New system architectures can be built to increase automation. However such structural changes will inevitably trigger changes in tools and take significant time and budget to complete. System upgrades especially those involving legacy systems require complex migrations and can take years. A Mckinsey and Oxford joint study on software project demonstrated that large IT projects run 45 percent over budget and 7 percent over time, while delivering 56 percent less value than predicted. Given such grim statistics, large companies have moved away from delivering comprehensive redesigns of their architectures to implementing quick fixes that solve their immediate problems.
  2. Business Process Management Platforms (BPMS): BPMSs integrate enterprise applications to increase the amount of “straight-through processing” possible within a process. BPMS can achieve similar results to IT transformations and can be achieved more rapidly. However, their benefits can be limited based on the variety of enterprise applications that are used in the process.
  3. Business Process Outsourcing: Popular in the 90s, many companies in the developed world outsourced their operations to the developing world. Companies benefited from outsourcing through labor arbitrage and economies of scale of outsourcing providers. However, with the increased convergence of developed and developing economies, labor arbitrage is decreasing in importance. And with most manual processes already outsourced, corporate leaders have seen that silos formed as a result of outsourcing have reduced innovation and created silos. More fundamental changes are required to improve processes today.

Compared to these alternatives, RPA provides a very good quick fix thanks to its 4 advantages compared to other alternatives:

  1. Flexibility: You can program an RPA bot to complete almost any repetitive task.
  2. Ease of integration: Thanks to screen scraping and existing integrations, bots can input and evaluate the output of almost all Windows applications.
  3. Ease of implementation: Macro recorders and drag&drop programming tools make it easy to program RPA solutions.
  4. Cost: Robots are cheaper than humans! Business process outsourcing solutions are no longer economical when those processes can be automated yielding better results and requiring less cost than outsourcing.

In many cases, RPA can provide robust, automated solutions. However, it is not always the optimal choice. Any of the above 3 choices can be used to manage or eliminate manual processes. If the alternatives have better ROI than an RPA implementation, companies would be wise to follow that route. Read more

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