Book Image

Artificial Intelligence Business: How you can profit from AI

By : Przemek Chojecki
Book Image

Artificial Intelligence Business: How you can profit from AI

By: Przemek Chojecki

Overview of this book

We’re living in revolutionary times. Artificial intelligence is changing how the world operates and it determines how smooth certain processes are. For instance, when you go on a holiday, multiple services allow you to find the most convenient flights and the best hotels, you get personalized suggestions on what you might want to see, and you go to the airport via one of the ride-sharing apps. At each of these steps, AI algorithms are at work for your convenience. This book will guide you through everything, from what AI is to how it influences our economy and society. The book starts with an introduction to artificial intelligence and machine learning, and explains the importance of AI in the modern world. You’ll explore how start-ups make key decisions with AI and how AI plays a major role in boosting businesses. Next, you’ll find out how media companies use image generation techniques to create engaging content. As you progress, you’ll explore how text generation and AI chatbot models simplify our daily lives. Toward the end, you’ll understand the importance of AI in the education and healthcare sectors, and realize the risks associated with AI and how we can leverage AI effectively to help us in the future. By the end of this book, you’ll have learned how machine learning works and have a solid understanding of the recent business applications of AI.
Table of Contents (10 chapters)

Ethics and Regulations

AI systems raise a variety of ethical and regulatory challenges. However, observing public discussion as well as governmental and academic debates, it seems that were going in a good direction. Awareness of these problems is growing, and more funds are allocated to make sure that everyone has the same access to technology.

Most common challenges which appear in the context of AI are:

  1. Interpretability and explainability, especially when it comes to AI-driven decision making;
  2. Transparency, fairness, and accountability;
  3. Democratisation of AI: diversity, inclusion;
  4. Automation and job loss;
  5. Data privacy and security;
  6. Reliability and certainty of models;
  7. Sustainability;
  8. Compliance;
  9. Human control.

Organisation for Economic Co-operation and Development (OECD) has drafted the OECD Principles on Artificial Intelligence90 to promote AI that is trustworthy and respects human rights and democratic values. The following...