"AI is the new electricity.
Originally shared by Wayne Radinsky
"AI is the new electricity. Here's what I mean by that. Over 100 years ago, when people like Thomas Edison, Westinghouse, and so on, started to electrify our nation, there were the first few apps: electric lighting, and maybe telegraph, and so on. But electricity has since transformed everything. And there were so many unexpected ramifications, like, electricity enabled refrigeration, which changed the entire food supply chain system. It changed from steam engines to electric motors which changed the way we build up our industry. I think AI could have a similarly transformative effect. Today, we're in the stage where companies are hiring, like a chief data officer, maybe in the future a chief AI officer, to come and sprinkle a bit of AI on top of everything. Just like in the early days we used to have a role called the VP of Electricity. Because electricity was really complicated; you had to to hire someone to manage it. I think we're in that stage now. And this is creating a lot of value. If you're not quite sure what else to do, if you're a C-level exec, if you hire a chief data officer or chief AI officer, they can come sprinkle a bit of AI on things, and it will be worth your while. I think in the next several years, there'll be another transformation, where AI needs to be a company-level, strategic decision."
http://events.technologyreview.com/emtech/digital/16/video/watch/andrew-ng-deep-learning/
"AI is the new electricity. Here's what I mean by that. Over 100 years ago, when people like Thomas Edison, Westinghouse, and so on, started to electrify our nation, there were the first few apps: electric lighting, and maybe telegraph, and so on. But electricity has since transformed everything. And there were so many unexpected ramifications, like, electricity enabled refrigeration, which changed the entire food supply chain system. It changed from steam engines to electric motors which changed the way we build up our industry. I think AI could have a similarly transformative effect. Today, we're in the stage where companies are hiring, like a chief data officer, maybe in the future a chief AI officer, to come and sprinkle a bit of AI on top of everything. Just like in the early days we used to have a role called the VP of Electricity. Because electricity was really complicated; you had to to hire someone to manage it. I think we're in that stage now. And this is creating a lot of value. If you're not quite sure what else to do, if you're a C-level exec, if you hire a chief data officer or chief AI officer, they can come sprinkle a bit of AI on things, and it will be worth your while. I think in the next several years, there'll be another transformation, where AI needs to be a company-level, strategic decision."
http://events.technologyreview.com/emtech/digital/16/video/watch/andrew-ng-deep-learning/
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