The breadth of AI is vast, with its technology being deployed across all sectors from retail, entertainment, finance and healthcare. With this wide-spread application of AI and ML, automation is also transforming work practices, enhancing system efficiency and revolutionising HR processes.
This growth means the AI-derived business value could reach $3.9 trillion by 2022. Yet there are challenges to AI adoption, including how to combat data bias, regulating AI and humanising the technology. We take a look at the latest uses for AI and the frameworks corporates are using to implement AI across businesses.