Archive for the ‘Artificial Intelligence’ Category

Artificial Intelligence & Finance: Two sides of the same coin in new normal – The Financial Express

Guruprasad Gaonkar

In 2020 our personal and professional relationships and perceptions have undergone a sea change and this includes our relationship with our money as well. According to a survey that Oracle did with personal finance expert Farnoosh Torabi, 83% of Indians (including business leaders) trust robots more than humans when it comes to managing their finances.

Some of the key India data that suggests this consequential shift reveals that 85% of Indian consumers believe that robots can help them with managing their finances. Responding to this change in consumer mindset, Indian business leaders, that is, 93% have shared that they have invested in digital payment capabilities and 81% have created new forms of customer engagement or changed their business models by embracing newer technologies. I am not surprised with the study as AI and ML are seeing unprecedented adoption, with the pandemic playing catalyst, says Kannan Sugantharaman, CFO, Omega Healthcare.

Around 90% of business leaders believe robots will replace finance professionals, and more than a third (67%) of them believe that itll happen by 2025. Guruprasad Gaonkar, Global SaaS Go-to-Market Leader, Cloud Business Group, Oracle, observes that many forward looking companies have already started the process by adopting AI powered ERP, with more radical transformation coming from the possibility of bringing it together with Blockchain. McDonalds and Wipro are some of companies that have already moved on from previously people dependent approach to eliminate manual guesswork specifically with enterprise performance management. Echoing the sentiment, Dinesh Modi, CFO, Cactus Communications, says that ERP cloud has given us the opportunity to work with technologies like robotic process automation (RPA) and streamline the process whereby the same team can deliver higher output.

Businesses will need to re-align themselves with the power of the trinity AI, IoT and Blockchain. Almost every activity that goes within the finance function across sectors can be planned and agreed upon within ERP cloud applications and then encrypted into an immutable ledger capable of executing different transactions autonomously and at a defined moment in time.

Its time to rethink the money management. Businesses need to provide new business models and payment methods that remove friction for customers. Sugantharaman foresees finance as a function undergoing transformation. Elements like Cost, Control and Compliance can be more efficiently managed by AI based tools today leaving business leaders and CFOs to tend to more strategic roles facilitating growth, investments, enablement and value creation through digital technologies.

In a nutshell, AI will transform the role of the CFO, introducing the touchless finance factory and the creation of a next generation workplace. As Gaonkar puts it, being technology enabled is a pass, being technology led is in vogue.

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Artificial Intelligence & Finance: Two sides of the same coin in new normal - The Financial Express

Artificial Intelligence Will Become A Part Of The Indian School Curriculum – Analytics Insight

In an attempt to make this possible, the Central Board of Secondary Education (CBSE) has introduced artificial intelligence as an individual subject for the 9th grade in the academic year of 2019-2020 and for the 11th grade in the academic year of 2020-2021 in all CBSE affiliated schools.

Artificial intelligence is already a part of the education system in the form of tools that help develop skills and testing systems. This technology can help drive efficiency, customization, and streamline administrative tasks to give teachers the time and freedom for better adaptability. By combining the best attributes of machines and teachers, the aim of artificial intelligence is to make everything work together seamlessly for the best outcomes that will benefit the students.

All AICTE (All India Council For Technical Education) approves institutions have been suggesting to offer artificial intelligence as an elective subject in B.Tech courses and also start individual B. Tech courses focusing on artificial intelligence and data science to augment the field of artificial intelligence and data analysis. So far, only the Indian Institutes Of Technology (IITs) can have their own curriculum, academic, and research collaborations with institutions and universities across the world, owing to their acts and statutes.

Most of these IITs offer many artificial intelligence-related courses like deep learning foundations and applications, the foundation of artificial intelligence and machine learning, reinforcement learning, probabilistic reasoning in artificial intelligence, predictive and prescriptive data analytics, deep learning, system identification, cyber-physical security, digital image processing, etc. Apart from these courses, IITs also conduct short-term programs on artificial intelligence for working professionals and other interested candidates.

All of the above information provided was given by the Union Minister For Education, India, Ramesh Pokhriyal in a written statement in the Lok Sabha.

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Artificial Intelligence Will Become A Part Of The Indian School Curriculum - Analytics Insight

Technology, artificial intelligence in focus for the Biden Administration and the 117th Congress Seen through the lens of competition with China -…

As the new administration staffs up and Capitol Hill lawmakers begin to contemplate post-pandemic priorities, countering Chinas advances in artificial intelligence and other disruptive technologies has emerged as a major driving force for US policymakers. This alert provides a summary of expected new AI-related legislation, an overview of a recent report by the National Security Commission on Artificial Intelligence, highlights of the Biden Administrations approach to technology/AI as well as the key AI-related policymakers in the Administration and in Congress.

Three developments in the last month signal a focused mindset of policymakers in Washington, DC to counter China on technology:

Washington sees maintaining and extending US leadership in technological innovation as a vital national security imperative, both:

While a strategic imperative to move fast and out-compete China is prevalent in the highest levels of the federal government, progressive elements of the Democratic majorities in the Congress may advocate for cautionary breaks and regulatory guardrails to this rapid technology development, such as AI algorithmic impact assessments, audits and penalties for developers of AI applications.Europeis currently considering some of the strictest AI regulations in the world today, and US policymakers will likely face pressure across the Atlantic to issue further guidance or even consider targeted, agency-specific regulations of high-risk AI applications.

AI and the great power competition

The March 1 NSCAI final report could be seen by some as a wake-up call since the report highlights that other nations are not standing idly by and thus some experts believethe Defense Department must move beyond the legacy systems that have defined military planning for decades. The findings, quarterly recommendations and stark conclusions of the report have reverberated in high-level defense and foreign policy circles and sounded the alarm to members of congress, staff and the general public.

Eric Schmidt, Chairman of the NSCAI, declared the AI competition with China is a national emergency and a threat to our nation unless we get our act together with respect to focusing on AI in the federal government and international security.

The 15-member Commission composed of technologists, business executives, academic leaders and national security professionals was created under the fiscal year 2019 National Defense Authorization Act (NDAA) to consider the methods and means necessary to advance the development of artificial intelligence, machine learning, and associated technologies to comprehensively address the national security and defense needs of the United States.

Among the NSCAI reports takeaway headlines:

The Commissioners focused on four pillars for immediate action:

Many of these recommendations, which span the entire federal government, have a good shot at serious legislative consideration, with the fiscal year 2022 National Defense Authorization Act being the most likely vehicle to carry many of the policy proposals.

New administration, similar competitive tech concerns about China

While President Biden has used his executive powers to reverse a host of policies enacted by his predecessor, one area of potential continuity from the Trump era is an aggressive posture towards China.

Other Biden Administration technology/AI initiatives and personnel

The pending rule is part of a broader effort to secure US supply chains, bolster US manufacturing and enhance the role of science, particularly at a time when a global shortage of semiconductor chips is causing severe production cutbacks in automotive and consumer electronics manufacturing.

President Biden hasannounceda number of appointments and nominations of officials who will take leading roles on AI and related issues and has raised the profile of key posts with jurisdiction over cyber and technology issues.

In his first major speech as Americas top diplomat, Secretary of State Anthony Blinken said:

Advancing US tech to counter China a big priority on Capitol Hill

Senator Schumer, leader of the newly minted Democratic majority in the Senate, has directed the chairs and members of our relevant committees to start drafting a legislative package to out-compete China and create new American jobs.

Congress laid some of the groundwork for implementing a more comprehensive national AI strategy with the passage on New Years Day (over Trumps veto) of the FY 2021 NDAA, which incorporated theNational AI Initiative Act.The White House on January 12 fulfilled the laws requirement to establish the National AI Initiative Office, responsible for coordinating AI research and policymaking across government, industry and academia.

The National AI Initiative Act, also known as Division E of the NDAA, was the most significant AI legislation to date to be enacted by Congress and will serve as thefoundationfor non-defense AI policy for the federal government in the years ahead. Division E established a coordinated, civilian-led federal initiative to accelerate research and development and encourage investments in trustworthy AI systems for the economic and national security of the United States. The legislation authorizes policies and significant funding for the National Science Foundation (NSF), National Institute of Standards and Technology (NIST) and Department of Energy.

In the 117th congress, a shift of focus will turn to monitoring implementation of this legislation and appropriating additional dollars to resource the initiative. Democratic majorities in both the House and Senate can be expected to apply a greater amount of attention and scrutiny over AI applications and their outcomes. Industry should expect increased policy and regulatory focus on ensuring accountability of AI through impact assessments and audits of AI algorithms. In her confirmation hearing, newly sworn in Commerce Secretary Gina Raimondo pledged to work with Congress on a bipartisan basis as part of the Advisory Committee on AI required by the defense policy bill. Raimondos department has jurisdiction over key science policy bureaus, including NIST.

The House Armed Services Committee has established a new Subcommittee on Cyber, Innovative Technologies, and Information Systems, with Representative James Langevin (D-RI) as chair and House AI Caucus member Elise Stefanik (R-NY) as ranking member. AI Caucus member and Endless Frontiers Act sponsor Representative Ro Khanna (D-CA) is also on this subcommittee.

Additional key congressional players on AI issues

Senator Rob Portman (R-OH), co-founder and co-chair of the Senate AI Caucus, announced that his current term will be his last and he will not seek re-election in 2022. But he has demonstrated that he will continue to be a leading voice on AI issues over the next two years, including in his capacity as ranking member of the Homeland Security and Governmental Affairs Committee which, among other responsibilities, has authority to investigate the efficiency, economy and effectiveness of all agencies and departments of the government.

Senator Martin Heinrich(D-NM), fellow co-chair and co-founder of the AI Caucus, is moving to the Appropriations Committee. He authored the SenatesArtificial Intelligence Initiative Actin 2019.

Many of the provisions included in that legislation became law via the FY21 NDAA being enacted on New Years Day 2021. Senator Heinrich is likely to continue pushing forresponsible and trustworthyAI funding and policies for government agencies while providing congressional oversight of the newly created White House National AI Initiative Office.

Representative Jerry McNerney (D-CA)continues as the Democratic Co-Chair of the House AI Caucus. He is particularly passionate and focused on AI workforce and research issues and is a member of the House Science Committee.

Representative Anthony Gonzalez (R-OH) will take over as the Republican co-chair of the House AI Caucus. Gonzalez, now in his second term, was not a member of the AI Caucus previously, but he was part of abipartisan group of House memberswho called on NIST to develop a framework on strategies, guidelines and best practices for AI that will bolster innovation and ethical practices in developing and implementing artificial intelligence across the US. He is also interested in AI impacts on the workforce as a representative from the rustbelt.

Current AI Caucus membership in the 117thCongress:

Senate AI Caucus

CO-CHAIRS

Martin Heinrich (D-NM)

Rob Portman (R-OH)

MEMBERS

Brian Schatz (D-HI)

Joni Ernst (R-IA)

Gary Peters (D-MI)

Mike Rounds (R-SD)

Maggie Hassan (D-NH)

House AI Caucus

CO-CHAIRS

Jerry McNerney (D-CA-09)

Anthony Gonzalez (R-OH-16)

MEMBERS

Don Beyer (D-VA-08)

GK Butterfield (D-NC-01)

Andr Carson (D-IN-07)

Emanuel Cleaver II (D-MO-05)

Suzan DelBene (D-WA-01)

Mark DeSaulnier (D-MA-11)

Nanette Diaz Barragn (D-CA-44)

Debbie Dingell (D-MI-12)

Anna G. Eshoo (D-CA-18)

Bill Foster (D-IL-11)

Josh Gottheimer (D-NJ-05)

Pramila Jayapal (D-WA-07)

Henry C. "Hank" Johnson (D-GA-04)

Ro Khanna (D-CA-17)

Derek Kilmer (D-WA-06)

Brenda Lawrence (D-MI-14)

Ted Lieu (D-CA-33)

Michael McCaul (R-TX-10)

Bobby Rush (D-IL-01)

Brad Sherman (D-CA-30)

Darren Soto (D-FL-09)

Elise Stefanik (R-NY-21)

Steve Stivers (R-OH-15)

Marc Veasey (D-TX-33)

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Technology, artificial intelligence in focus for the Biden Administration and the 117th Congress Seen through the lens of competition with China -...

The Artificial Intelligence in military market is estimated at USD 6.3 billion in 2020 and is projected to reach USD 11.6 billion by 2025, at a CAGR…

New York, March 19, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Artificial Intelligence in Military Market by Offering, Technology, Application, Installation Type, Platform, Region - Global Forecast to 2025" - https://www.reportlinker.com/p05366680/?utm_source=GNW

The Artificial Intelligence in Military market includes major players such as BAE Systems Plc. (UK), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (US), L3Harris Technologies, Inc. (US), Rafael Advanced defense Systems (Israel), and IBM (US), among others. These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. COVID-19 has not affected the Ai in military market growth to some extent, and this varies from country to country. Industry experts believe that the pandemic has not affected the demand for Artificial Intelligence in military market in defense applications.

Based on platform, the space segment of the Artificial Intelligence in military market is projected to grow at the highest CAGR during the forecast periodBased on platform, the space segment of the Artificial Intelligence in military market is projected to grow at the highest CAGR during the forecast period.The space AI segment comprises CubeSat and satellites.

Artificial intelligence systems for space platforms include various satellite subsystems that form the backbone of different communication systems. The integration of AI with space platforms facilitates effective communication between spacecraft and ground stations.

Software segment of the Artificial Intelligence in Military market by offering is projected to witness the highest CAGR during the forecast periodBased on offering, the Software segment is projected to witness the highest CAGR during the forecast period.Technological advances in the field of AI have resulted in the development of advanced AI software and related software development kits.

AI software incorporated in computer systems is responsible for carrying out complex operations.It synthesizes the data received from hardware systems and processes it in an AI system to generate an intelligent response.

Software segment is projected to witness the highest CAGR owing to the significance of AI software in strengthening the IT framework to prevent incidents of a security breach.

The North America market is projected to contribute the largest share from 2020 to 2025 in the Artificial Intelligence in Military marketThe US and Canada are key countries considered for market analysis in the North American region.This region is expected to lead the market from 2020 to 2025, owing to increased investments in AI technologies by countries in this region.

This market is led by the US, which is increasingly investing in AI systems to maintain its combat superiority and overcome the risk of potential threats on computer networks. The US plans to increase its spending on AI in military to gain a competitive edge over other countries.The North America US is recognized as one of the key manufacturers, exporters, and users of AI systems worldwide and is known to have the strongest AI capabilities. Key manufacturers of Ai systems in the US include Lockheed Martin, Northrop Grumman, L3Harris Technologies, Inc., and Raytheon. The new defense strategy of the US indicates an increase in Ai spending to include advanced capabilities in existing defense systems of the US Army to counter incoming threats.

The break-up of the profile of primary participants in the Artificial Intelligence in Military market: By Company Type: Tier 1 35%, Tier 2 45%, and Tier 3 20% By Designation: C Level 35%, Director Level 25%, and Others 40% By Region: North America 25%, Europe 15%, Asia Pacific 45%, Middle East 10%, RoW 5%

Major companies profiled in the report include BAE Systems Plc. (UK), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (US), L3Harris Technologies, Inc. (US), Rafael Advanced Defense Systems Ltd. (Israel), and IBM (US). (29 Companies)

Research Coverage:This research report categorizes the Ai in Military market basis of Application (Information Processing, Warfare Platforms, Threat Monitoring, Planning & Allocation, Cybersecurity, Simulation & Training, Logistics & Transportation, Surveillance & Situational Awareness, Battlefield Healthcare, Others), Platform (Airborne, Naval, Land, Space), Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Intelligent Virtual Agent, Others), Installation Type (New Installation, Upgradation), Offering (Hardware, Software, Services), and major Regions, namely, North America, Europe, Asia Pacific, Middle East& Africa, and Latin America.The scope of the report covers detailed information regarding the major factors, such as drivers, challenges, and opportunities, influencing the growth of the AI in military market.

A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches, contracts, partnerships, collaborations, expansions, acquisitions, and new product development associated with the Artificial Intelligence in Military market.

Reasons to buy this report:The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Artificial Intelligence in Military market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers: Market Penetration: Comprehensive information on Ai in Military products/ solutions offered by the top players in the market Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the Artificial Intelligence in Military market Market Development: Comprehensive information about lucrative markets the report analyses the Artificial Intelligence in Military market across varied regions Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the AI in Military market Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the Artificial Intelligence in Military marketRead the full report: https://www.reportlinker.com/p05366680/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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The Artificial Intelligence in military market is estimated at USD 6.3 billion in 2020 and is projected to reach USD 11.6 billion by 2025, at a CAGR...

AI Should Augment Human Intelligence, Not Replace It hbr.org – Harvard Business Review

In an economy where data is changing how companies create value and compete experts predict that using artificial intelligence (AI) at a larger scale will add as much as $15.7 trillion to the global economy by 2030. As AI is changing how companies work, many believe that who does this work will change, too and that organizations will begin to replace human employees with intelligent machines. This is already happening: intelligent systems are displacing humans in manufacturing, service delivery, recruitment, and the financial industry, consequently moving human workers towards lower-paid jobs or making them unemployed. This trend has led some to conclude that in 2040 our workforce may be totally unrecognizable.

Are humans and machine really in competition with each other though? The history of work particularly since the Industrial Revolution is the history of people outsourcing their labor to machines. While that began with rote, repetitive physical tasks like weaving, machines have evolved to the point where they can now do what we might think of as complex cognitive work, such as math equations, recognizing language and speech, and writing. Machines thus seem ready to replicate the work of our minds, and not just our bodies. In the 21st century, AI is evolving to be superior to humans in many tasks, which makes that we seem ready to outsource our intelligence to technology. With this latest trend, it seems like theres nothing that cant soon be automated, meaning that no job is safe from being offloaded to machines.

This vision of the future of work has taken the shape of a zero-sum game, in which there can only be one winner.

We believe, however, that this view of the role AI will play in the workplace is wrong. The question of whether AI will replace human workers assumes that AI and humans have the same qualities and abilities but, in reality, they dont. AI-based machines are fast, more accurate, and consistently rational, but they arent intuitive, emotional, or culturally sensitive. And, its exactly these abilities that humans posses and which make us effective.

In general, people recognize todays advanced computers as intelligent because they have the potential to learn and make decisions based on the information they take in. But while we may recognize that ability, its a decidedly different type of intelligence what we posses.

In its simplest form, AI is a computer acting and deciding in ways that seem intelligent. In line with Alan Turings philosophy, AI imitates how humans act, feel, speak, and decide. This type of intelligence is extremely useful in an organizational setting: Because of its imitating abilities, AI has the quality to identify informational patterns that optimize trends relevant to the job. In addition, contrary to humans, AI never gets physically tired and as long its fed data it will keep going.

These qualities mean that AI is perfectly suited to put at work in lower-level routine tasks that are repetitive and take place within a closed management system. In such a system, the rules of the game are clear and not influenced by external forces. Think, for example, of an assembly line where workers are not interrupted by external demands and influences like work meetings. As a case in point, the assembly line is exactly the place where Amazon placed algorithms in the role of managers to supervise human workers and even fire them. As the work is repetitive and subject to rigid procedures optimizing efficiency and productivity, AI is able to perform in more accurate ways to human supervisors.

Human abilities, however, are more expansive. Contrary to AI abilities that are only responsive to the data available, humans have the ability to imagine, anticipate, feel, and judge changing situations, which allows them to shift from short-term to long-term concerns. These abilities are unique to humans and do not require a steady flow of externally provided data to work as is the case with artificial intelligence.

In this way humans represent what we call authentic intelligence a different type of AI, if you will. This type of intelligence is needed when open systems are in place. In an open management system, the team or organization is interacting with the external environment and therefore has to deal with influences from outside. Such work setting requires the ability to anticipate and work with, for example, sudden changes and distorted information exchange, while at the same time being creative in distilling a vision and future strategy. In open systems, transformation efforts are continuously at work and effective management of that process requires authentic intelligence.

Although Artificial Intelligence (referred to as AI1 here) seems opposite to Authentic Intelligence (referred to as AI2 here), they are also complimentary. In the context of organizations, both types of intelligence offer a range of specific talents.

Which talents operationalized as abilities needed to meet performance requirements are needed to perform best? It is, first of all, important to emphasize that talent can win games, but often it will not win championships teams win championships. For this reason, we believe that it will be the combination of the talents included in both AI1 and AI2, working in tandem, that will make for the future of intelligent work. It will create the kind of intelligence that will allow for organizations to be more efficient and accurate, but at the same time also creative and pro-active. This other type of AI we call Augmented Intelligence (referred to as AI3 here).

What will AI3 be able to offer that AI1 and AI2 cant? The second author of this article has some unique insight here: he is known for winning championships, while at the same time he also has the distinctive experience of being the first human to lose a high-level game to a machine. In 1997, chess grand master Garry Kasparov lost a game from an IBM supercomputer program called Deep Blue. It left him to rethink how the intellectual game of chess could be approached differently, not simply as an individual effort but as a collaborative one. And, with the unexpected victory of Deep Blue, he decided to try collaborating with an AI.

In a match in 1998 in Len, Spain, Kasparov partnered with a PC running the chess software of his choice an arrangement called advanced chess in a match against the Bulgarian Veselin Topalov, who he had beaten 4-0 a month earlier. This time, with both players supported by computers, the match ended in a 3-3 draw. It appeared that the use of a PC nullified the calculative and strategic advances Kasparov usually displayed over his opponent.

The match provided an important illustration of how humans might work with AI. After the match, Kasparov noted that the use of a PC allowed him to focus more on strategic planning while machine took care of the calculations. Nevertheless, he also stressed that simply putting together the best human player and best PC did not, in his eyes, reveal games that were perfect. Like with human teams, the power of working with an AI comes from how the person and computer compliment each other; the best players and most powerful AIs partnering up dont necessarily produce the best results.

Once again, the chess world offers a useful test case for how this collaboration can play out. In 2005 the online chess playing site Playchess.com hosted what it called a freestyle chess tournament in which anyone could compete in teams with other players or computers. What made this competition interesting is that several groups of grandmasters working with computers also participated in this tournament. Predictably, most people expected that one of these grandmasters in combination with a supercomputer would dominate this competition but thats not what happened. The tournament was won by a pair of amateur American chess players using three computers. It was their ability to coordinate and coach effectively their computers that defeated the combination of a smart grandmaster and a PC with great computational power.

This surprising result underscores an important lesson: the process of how players and computers interact determines how efficient the partnership will be. Or, as Kasparov expressed it, Weak human + machine + better process was superior to a strong computer alone and, more remarkably, superior to a strong human + machine + inferior process.

The enhancing and collaborative potential that we envision stands in stark contrast to the zero-sum predictions of what AI will do to our society and organizations. Instead, we believe that greater productivity and the automation of cognitively routine work is a boon, not a threat. After all, new technology always has disruptive effects early on in the implementation and development phases and usually reveals its real value only after some time.

This reality, however, does not mean that we have to wait patiently until when this value eventually reveals itself very much the opposite! Our principal challenge as business people is to anticipate what artificial intelligence means in relationship to how humans think and act, and work to integrate the new technologies ambitiously and strategically into our organizations. We cant just passively wait for it to overtake traditional methods. So, what is it that we can then do at this moment to ensure integration of the different AIs to make our organizations work effectively?

First, teams will gradually become composed of humans and non-humans working together, which we refer to as the new diversity. The psychology of the new diversity will bring with it the risk that stereotypical beliefs and biases can easily influence decisions and team work. Machine as a non-human co-worker may be met with distrust and negative expectations as any other out-group member and as such encourage humans to share less information and avoid working with machine. Team leaders will need to be apt to respond to such negative team dynamics and trained in ways that they understand the reality of those negative beliefs and its consequences.

Second, the new shape of teams will call for leaders who are skilled in bringing different parties together. In the future, creating inclusive teams by aligning man and machine will be an important ability to be trained and developed. As the earlier mentioned examples show, to achieve better performance by employing these new diversity teams, a main requirement for leaders will be to transform themselves in being masters of coordinating and coaching team processes.

Third, team processes will need to be managed effectively and this will have to be done by a human. For humans to align the strengths and weaknesses of man and machine, they will need to be educated to understand how AI works, what it can be used for and decide by means of the judgment abilities of their authentic intelligence how it can be used best to foster performance serving human interests.

Augmented intelligence, as the third type of AI, is the step forward to the future of intelligent work. The future of work is a concept used to indicate the growth of employees and their performance in more efficient ways. The debate on this topic, however, has become quite ambiguous in its intentions. Specifically, because of cost-cutting strategies narratives, businesses today are in a stage where machines are often introduced as the new super employee that may leave humans ultimately in an inferior role to serve machine. An essential element of a truly intelligent type of future of work, however, means that we do expand the workforce where both humans and machine will be part of, but with the aim to improve humanity and well-being while also being more efficient in the execution of our jobs. So, augmented intelligence is indeed collaborative in nature, but its also clear that it represents a collaborative effort in service of humans.

Excerpt from:
AI Should Augment Human Intelligence, Not Replace It hbr.org - Harvard Business Review