Intelligent CIO Africa Issue 14 | Page 41

////////////////////////////////////////////////////////////////////////// FEATURE: AI Adopt AI and avoid the fate of the dodo Marko Salic, CEO of the Argility Technology Group, one of South Africa’s leading technology development corporations, tells about the impact artificial intelligence has on our everday lives. This is not a bad definition, but it just goes nowhere near explaining the full impact AI will definitely have on business and all aspects of our lives. AI brings with it the newly acquired magic of machine learning. Once strictly in the realms of science fiction movies, today it is all around us. We are all aware that digital technologies are transforming our world at an exponential rate. Personal computers, servers, Internet, smartphones, tablets and social media have www.intelligentcio.com established the foundation of the current digital world in which we live. New digital technologies like cloud, big data, blockchain, Internet of Things (IoT), augmented reality, virtual reality, robotics, 3D printing, machine learning and AI are featured not just in technical journals but are increasingly highlighted on daily news and popular TV programmes. This is because of the enormous potential to impact all industries, businesses, lifestyles and the very fabric of our society. Start-up operations working with these technologies are estimated to be a more attractive venture funding target. Many businesses are furiously developing new business models leveraging these technologies. Businesses around the world are working on enhancing their understanding of the capabilities of AI in order to leverage it in their drive to achieve digital transformation; AI is pivotal to achieving this as other digital technologies essentially feed into it. They supply data to enable AI via: sensors, social media, connectivity, security, INTELLIGENTCIO 41