The Telegraph My details My newsletters Logout Upgrade to Premium My details My newsletters Logout The Telegraph How artificial intelligence will transform your business Brought to you by Tata Communcations future: artifical intelligence is already walking and talking among us 12 July 2016 • 10:15am Oliver Pickup Computer intelligence will overturn everything from medicine to the stock market and the revolution is only just beginning. Artificial intelligence (AI) and a world in which machines threaten humanity’s status quo has been the preserve of science fiction for decades. In the Eighties, Terminator was set in a post-apocalyptic world in which cyborgs rule, RoboCop’s protagonist was part-man, part-machine and Short Circuit toyed with the idea of robots developing human-like minds, with rather more endearing results. The reality is the bot has bolted. AI is walking and talking among us. In 2016, we use voice-recognition systems, driverless cars are being trialled and robotic hotel receptionists work in Japan. The advent of certain technologies – inexpensive high-speed internet, secure cloud storage, mobility solutions and low-cost devices – has allowed the fantastical possibilities of the past to become reality. "Everything invented in the past 150 years will be reinvented using AI within the next 15 years" Armed with that tech oomph, it is vital for business leaders to engage with AI. They must realise its vast untapped potential and take charge in shaping the present and the future. “Everything invented in the past 150 years will be reinvented using AI within the next 15 years,” says Randy Dean, chief business officer at Sentient Technologies. Mr Dean should know: by harnessing AI’s potency his San Francisco-based company has disrupted markets, including healthcare, retail, food and financial trading. “Because of AI we are beginning to see seismic advances in health, transport, banking and many other domains,” he says. “Soon AI will be able to predict a heart attack hours, or even days, before you feel it. “In addition, we are developing a joint venture which we believe is the world’s first AI hedge fund. It uses evolving algorithms created by humans and optimised by machines for trading. Using historical market data, we train our AI to find signals which would take humans 1,000 years to spot. ” As part of Tata Communications’ two-day CEO Summit 2016, which began yesterday at Coworth Park near Ascot, Berkshire, Mr Dean was invited to demonstrate the e-commerce AI program Sentient Aware to 60 business leaders. "Soon AI will be able to predict a heart attack hours, or even days, before you feel it" It allows shoe shoppers to whittle down a catalogue into personal choices with a few swipes, factoring in subtle details such as slope of toe, height of heel and shape of sole. In his provocative welcome note to the summit, Vinod Kumar, chief executive of Tata Communications, writes: “AI is no longer the stuff of science fiction; it is in the mainstream of information technology… We must share our ideas on how to fulfil its potential while guarding against any social and economic disruption. ” Jack Hidary, a session leader at the conference, agrees. “At last we have arrived at the age of machine intelligence. Now we can easily crunch terabytes and petabytes and exabytes of data, and that means AI programs will shoot up the very steep learning curve rapidly. However, I believe we have only seen about one per cent of what AI can ultimately do. “This summit comes at a critical moment in the evolution of humans and in terms of the development of ourselves as leaders. Every chief executive in the room will come away with the distinct impression that AI will disrupt their industry. It’s up to each leader to choose whether to harness this available power or feel the effects of it from others. ” Delegates are encouraged to interact with a dozen demonstrations that span the gamut of AI technology – in robotics, virtual and augmented reality, gaming, and more. “We showcase shopping-carrying bots, drone racing, plants that can perfect air conditioning, devices that tell you if you’re happy, and there is even a herd of baby robot dinosaurs,” says future technologist and product innovator at Tata Communications David Eden. "In order to take advantage of AI’s possibilities, businesses need a reliable, secure and evolving infrastructure" “AI is relevant today because the processing power required to do useful things with it has hit a level of maturity, and because the other critical building blocks for AI – superfast connectivity and secure cloud computing – are now ubiquitous. ” The truth is that in order to take advantage of AI’s possibilities, businesses need a reliable, secure and evolving infrastructure. Tata Communications, whose network powers almost a quarter of the world’s internet routes and allows people and businesses to reach 240 countries and territories, is well placed to help. “Tata Communications is putting its money where its mouth is, investing in AI, including Sentient, and working hard to understand it, while educating others, as shown by this summit,” Mr Dean says. “The sooner we can turn on business leaders to the possibilities of how AI could help them, the faster the market can grow. Ultimately, that optimisation of costs, products and services will benefit all of humanity. ” Powering the Future • Tata Communications’ network carries almost 25pc of global internet routes, acting as the backbone for future AI innovations • This internet backbone reaches countries that account for 99. 7pc of the world’s GDP • Tata Communications’ IZO cloud ecosystem includes the world’s largest cloud platforms – Microsoft Azure, Office 365, Salesforce, Amazon Web Services and Google Cloud Platform • Through its cloud ecosystem and global network, Tata Communications is an enabler for AI solutions that have the potential to transform how businesses operate See how you can connect your business at tatacommunications. com If you would like to add a comment, please register or log in Register Log in Please review our commenting policy Don't miss experts 08 Aug 2016, 11:45am Instant diagnosis by smartphone: how artificial intelligence can save lives experts 03 Aug 2016, 4:30pm Artificial intelligence and the implications of its rapid growth humans 25 Jul 2016, 12:15pm How worldwide businesses should prepare for the rise of artificial intelligence 20 Jul 2016, 11:30am Act now to benefit from artificial intelligence – before it’s too late To keep up with business demands innovation is essential How to recruit the best talent for your business Disruption in the marketplace is good for business busy streets, full of people 09 Jul 2015, 3:04pm Social responsibility: giving back is important More from Tata Communications Enterprises are moving away from the in-house data centre and forging new hybrid relationships between their existing data centres and cloud-hosted solutions Cloudification As technology continues to move at a breakneck pace — with social, mobile, analytics and cloud driving the evolution of businesses — innovative telecoms players are helping enterprises to embrace the change Embracing change From Bahrain to Brazil and back again, Tata Communications helps businesses reach their audiences faster and expand into new territories. There are some great stories to tell. . . Faster journeys Much has been said about innovation as a means to transform enterprises, and the need for CIOs to harness IT to support the always-connected business by keeping the lights on. Is it possible for CIOs to do both? Mission impossible? Please support us by disabling your adblocker We've noticed you're adblocking. We rely on advertising to help fund our award-winning journalism. We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. Thank you for your support. Need help? Click here for instructions