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)

Risks of using AI

Developing Artificial Intelligence is not without risk. One of the biggest risks is that machine learning algorithms will be used maliciously to harm individuals, organisations, and society. We have already discussed how deepfakes and fake news can be created at scale using recent deep learning breakthroughs. Thats why its important to know how we can defend ourselves and what to look for.

Another risk is the displacement of the workforce or, in other words, the scale at which people could lose jobs due to automation. With AI becoming more sophisticated, it might be hard to find new job openings for less skilled staff. Thats why its crucial to democratise access to AI and technological education so that anyone can enter the job market again. This concerns not only physical jobs but also office jobs, which are also under attack from AI systems like RPAs we have discussed.

Yet another risk of using AI is the lack of transparency...