Developing AI for business with 5 core principles

SINGAPORE (July 24): You all know what artificial intelligence (AI) is, right?

Early adopters of AI technology have already reaped great benefits. For example, businesses have been using AI-powered chat bots to ask timely questions about tax year end, to file accounts for customers, or find out the time of their lunch meeting. Asia is the fastest growing region for AI use, and is expected to grow at a compound annual growth rate (CAGR) of 46.9% between 2016-2021, due to the region’s booming economy and large electronics industry.

I would describe AI as simply the creation of intelligent machines that think and learn like humans. Every time Google predicts your search, you use Siri with your voice, or your iPhone predicts your next word in a text – that’s AI in action.

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