Recently this pundit was contacted with a purchase recommendation for something he had already acquired. Dah!!
According to Britannica, artificial intelligence (AI) is defined as, “the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings.” But just how mature is this technology? The term covers a wide range of capabilities and according the IT research firm, Gartner reports that, “Responsible AI will take 5 to 10 years to reach mainstream adoption but will ultimately have a transformational impact on business.” In other words, especially with ‘ethics’ is still early on the Hype Cycle.
Previously, we addressed this blind adherence to technology algorithms (written by humans with all their frailties). Examples include:
- CRM Suks
- Whoa Nellie–Delays in the Smart Horseless Carriage
- Clickbait Redux
- Data, Data Everywhere but Not an Answer in Sight
Garbage In, Garbage Out still applies. Computers are not autonomous beings capable of independent thought, they still follow decision trees.
Technology Adoption Process
In this writer’s opinion the selection and implementation of new technology is a function of both the maturity of the software as well as the maturity of the organization. We have addressed the maturity issue on a number of occasions. A robust review of our methodology is available. If these two factors are not matched, failure is the most likely outcome.
Moreover, the US government has released A Framework to Drive Technology Commercialization, a set of guidelines for new technology adoption. Both of these tools are worth review.
AI may become everything its proponents advocate. If so, it will be the first IT project since the Turing Machine to meet the ‘hyped’ expectations.
Caveat Emptor applies to AI, just like everything procured since the Roman Empire. Do your homework, just don’t fall in love! Might end up in a messy divorce.
How do you know if your organization is ready for AI and it is ready for you?
For More Information
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See our Economic Value Proposition Matrix® (EVPM) for additional information and a free version to build your own EVPM.
The author’s credentials in this field are available on his LinkedIn page. Moreover, Dr. Shemwell is a coauthor for an in press book (to be released in Spring 2023) titled, “Smart Manufacturing: Integrating Transformational Technologies for Competitiveness and Sustainability.” His focus is on Operational Technologies.
“People fail to get along because they fear each other; they fear each other because they don’t know each other; they don’t know each other because they have not communicated with each other.” (Martin Luther King speech at Cornell College, 1962). For more information on Cross Cultural Engagement, check out our Cross Cultural Serious Game. You can contact this author as well.
For more details regarding climate change models, check out Bjorn Lomborg ands his latest book, False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet.
Regarding the economics of Climate Change, check out our recent blog, Crippling Green.
For those start-up firms addressing energy (including renewables) challenges, the author can put you in touch with Global Energy Mentors which provide no-cost mentoring services from energy experts. If interested, check it out and give me a shout.