Limit artificial intelligence to ‘specific use cases’, companies urged
Artificial intelligence (AI) should be used only when organisations have a specific use case for the systems or risk wasting time and investment, says customised software company Entelect solutions architect Rishal Hurbans.
AI – technically called narrow AI, as opposed to general and super AI – is becoming more prominent within businesses as greater computing power and data have made it feasible to experiment with AI to make money and uncover business opportunities.
“Owing to advances in technology, organisations can use data and advanced algorithms, as well as cheaper, more powerful computing hardware to achieve new and extraordinary things, like auto- matically describing images for the blind and detecting fraud in banking,” he highlights.
AI works well for optimisation and automation. If there is a digital process that can be optimised, then AI is suitable. The key is that AI should be fit for purpose and must add value to the business, freeing up staff time and helping the business meet its goals.
Specifically, companies can take a bottom-up or a top-down approach. With a bottom-up approach, businesses should identify a problem and then decide if using AI can solve the problem.
However, if a business does not have a use case for AI, but still wants to experiment with the technology, it can take a top-down approach, which adopts the concept of design thinking. If the business wants to use AI during the project, it must understand what data it has, consolidate it, analyse it and find trends that will inform their action plan, thereby learning about potential AI foundations and applications.
Businesses must experiment, as it is the only way to grow skills and knowledge in the industry and develop robust use cases.
As the need for new applications of AI grows, businesses will need to address the ethical issues regarding job replacement because AI adds business value and can help organisations to be better and more innovative, he avers.
However, AI will also spawn entirely new industries that will require skills that do not yet exist – much like what the Internet did for the search engine optimisation industry and what the industrial revolution did for machine artisans.
“Since we do not yet fully understand the capabilities of AI, we don’t understand the potential either,” notes Hurbans.
Therefore, AI will create more responsibility for those in leadership positions because they will need to ensure that the impacts are managed and well communicated.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation