The Current State of AI – Elmhurst College
BY JAMES KULICH| 5 MIN READ
Before the arrival of ChatGPT, one way to view artificial intelligence (AI) was as a back-room technology; a set of tools that could handle some specialized but largely mechanical tasks well.
From this vantage point, AI did not and never would create real competition for those engaged in work that required deep thinking. On the other end of the spectrum was the fanciful view that AI was on its way to being all powerful, eventually overriding human capability and judgment. The choice was to be awed or to be scared.
As this current state of AI has begun to show us, the reality lies somewhere in the middle. In this second post of a three-part series, I will offer a more nuanced, practical view of what todays AI can do. As always, the focus is on creating value from the use of these powerful tools planning for the long game.
AI may seem new, but it has deep roots. The Turing Test, developed in 1950 by Alan Turing whose accomplishments included breaking the Nazi code in World War II, raised the challenge of whether a machine could imitate a human in ways an outside observer could not distinguish. The term artificial intelligence was first coined at a Dartmouth academic conference in 1956.
Over the next 70 years, AI had its ups and downs. Excitement grew as the early possibilities for practical AI applications emerged, such as the creation of the first chatbot in 1964 or IBMs Deep Blue defeating reigning chess champion Gary Kasparov in 1987. However, these peaks were followed by AI winters during which little progress was made, driven by both the lack of necessary computing power and a dearth of practical use cases that offered sustainable value.
The emergence of tools like Apples Siri and capabilities such as face recognition on social media platforms ushered in the modern age of AI around 2010. While these applications created headlines, new cloud computing platforms and expanding machine learning capabilities opened the door to deeply impactful AI applications that were ready for prime time, such as AI-based medical imaging that could detect certain tumors more accurately than a human radiologist.
A common distinction in todays current state of AI is between weak or narrow AI and strong or general AI. Weak AI refers to any use of AI tailored to a specific, narrow outcome. Some familiar examples include AI assistants such as Siri or Alexa and recommendation engines now ubiquitous in internet marketing. Other illustrations include automated fraud detection capabilities, sensor-driven predictive maintenance models in manufacturing and even autonomous vehicles.
Strong AI is todays synonym for generalized artificial intelligence, the possibilities for AI to exhibit human characteristics such as emotion and creativity; strong AI would certainly pass the Turing Test. Does this exist now? Some might say that ChatGPT offers a foray into the world of strong AI, and I see this a bit differently.
ChatGPT gets its power not by being a lone ranger, acting on its own, but by being a team player, occupying the middle space between people and the world of knowledge available in electronic forms. This, in my opinion, is where AIs greatest potential to create future value lies.
Generative AI tools like ChatGPT can translate, summarize, organize and express information in ways that were previously unimagined, and generative AI can face different audiences effectively. For example, a well written ChatGPT prompt will produce a different response for a customer than it will for an employee. This opens the door to a whole new range of jobs that AI can perform.
In a recent presentation sponsored by Zoom Communications, Using AI Across the Customer Journey, experts from a variety of organizations offered insights into the impact of generative AI on customer service. The presenters described ways in which generative AI could be used to: coach, train and support agents, directly answer customer questions more quickly and accurately, tap the wisdom of the crowd, plan capacity so the right people are in the right place at the right time, and assist supervisors in evaluating agent performance.
Some benefits the panel cited were demonstrable increases in revenue, improvement in customer satisfaction scores, reductions in operating costs and gains in employee efficiency.
In each of these cases, the AI tools were in the middle of a chain of human interactions. I am convinced that this approach can unlock a virtually unlimited store of potential value.
Elmhurst Universitys Masters in Data Science and Analytics program helps professionals excel in business. Meanwhile, our flexible online format allows you to earn a masters degree on your terms. Ready to learn more? Complete the form below.
Read this article:
The Current State of AI - Elmhurst College
- Web Marketing Association's 23rd IAC Awards to Name Best Online Advertising Campaigns - PR.com - November 5th, 2024 [November 5th, 2024]
- All the tools of the trade: Digital Marketing Lab provides space for experience and experimentation - Bryant University - November 5th, 2024 [November 5th, 2024]
- Online payments and ordering company Tech 2 Success Acquires Supply Wizards - Vending Market Watch - November 5th, 2024 [November 5th, 2024]
- In Depth: AI Is Taking Internet Advertising by Storm, but at What Cost? - Caixin Global - November 5th, 2024 [November 5th, 2024]
- Reinventing the Digital Agency Model with a Global Marketplace of On-Demand Experts - GP Bullhound - November 5th, 2024 [November 5th, 2024]
- Top Affiliate Marketing Trends To Leverage This Year (2024) - Shopify - October 23rd, 2024 [October 23rd, 2024]
- Mobile Internet Marketing Market is Set to Experience a Revolutionary Growth | Google, Facebook, Twitter, LinkedIn - openPR - October 12th, 2024 [October 12th, 2024]
- IoT Internet Service Market Size and Industry Growth Analysis - News in Assen - October 12th, 2024 [October 12th, 2024]
- Below-the-Line Advertising: Definition and Use in Marketing - Investopedia - October 11th, 2024 [October 11th, 2024]
- Meet The 7 Most Popular Search Engines In The World - Search Engine Journal - October 11th, 2024 [October 11th, 2024]
- Agricultural Internet of Things Platform Market Business Insights, Key Trend Analysis - News in Assen - October 11th, 2024 [October 11th, 2024]
- New Trends of Internet Of Medical Things (IoMT) Market - openPR - October 11th, 2024 [October 11th, 2024]
- Teleoperation and Telerobotics in Industrial Internet of Things (IIoT) Market Growth Factors & Key Statistics - News in Assen - October 3rd, 2024 [October 3rd, 2024]
- Is the word 'Google' losing its shine as search pivots? - Marketing Interactive - September 28th, 2024 [September 28th, 2024]
- My summer well spent: Studying digital marketing in the Czech Republic - Xi'an Jiaotong-Liverpool University - September 21st, 2024 [September 21st, 2024]
- Why is the internet overflowing with rubbish ads and what can we do about it? - The Conversation Indonesia - September 21st, 2024 [September 21st, 2024]
- Juice Media Expands Mobile and Digital Marketing Capabilities Through Acquisitions of Mooko and MDG - PR Newswire - September 19th, 2024 [September 19th, 2024]
- In-flight Internet Market worth $2.1 Billion by 2029, at a CAGR of 5.7% - openPR - September 19th, 2024 [September 19th, 2024]
- AI and SEO: Shaping the Future of Content Optimization with Melih Oztalay - mitechnews.com - September 16th, 2024 [September 16th, 2024]
- Internet Advertising Market Valuation Set to Skyrocket to Reach US$ 6,088.57 Billion By 2032 | Cost Per Thousand Model to Remain at Top and Most... - September 14th, 2024 [September 14th, 2024]
- Why connectivity is key to the expanding in-car internet market - Vodafone - September 14th, 2024 [September 14th, 2024]
- Satellite Internet Market From USD 6.55 Billion in 2023 to USD - openPR - September 14th, 2024 [September 14th, 2024]
- Internet of Things in Automotive Market Set to Surge from USD128.09 Billion to USD 671.37 Billion by 2030" - openPR - September 12th, 2024 [September 12th, 2024]
- Cascade Web Solutions: Elevating Digital Presence for Local Businesses in the Pacific Northwest - openPR - September 12th, 2024 [September 12th, 2024]
- Unlocking Business Potential in India: The Power of Marketing in Indian Languages - Big News Network - September 8th, 2024 [September 8th, 2024]
- Global Satellite Internet Market Research Methodologies: Best Practices and Tools - Third Eye News - September 8th, 2024 [September 8th, 2024]
- 23 Effective Ways To Make Money Online (2024) - Shopify - September 6th, 2024 [September 6th, 2024]
- Your Guide to the Top Digital Marketing Agencies in New York for September 2024. - - VENTS Magazine - September 6th, 2024 [September 6th, 2024]
- The Best SEO Conferences For 2024-2025 (Virtual And In-Person) - Search Engine Journal - August 14th, 2024 [August 14th, 2024]
- Healthcare Digital Industry Growth Factors, Applications, and Forecast by (2024-2034) - - August 14th, 2024 [August 14th, 2024]
- Starlink innovates and forges partnerships, aims to dominate satellite internet market - DIGITIMES - July 15th, 2024 [July 15th, 2024]
- Healthcare Pay-Per-Click (PPC): Minimize Ad Spending Costs - AccessWire - July 15th, 2024 [July 15th, 2024]
- How AI is shaping the digital marketing landscape in 2024 - DM News - July 15th, 2024 [July 15th, 2024]
- Top 27 Sports Marketing Agencies Taking the Lead in 2024 - Influencer Marketing Hub - July 15th, 2024 [July 15th, 2024]
- In-flight Internet Market Set to Grow at the Fastest Rate- Time to Grow your Revenue - openPR - June 25th, 2024 [June 25th, 2024]
- Veteran Marketing Firm Screen Pilot Expands into the United Kingdom - Hotel News Resource - May 23rd, 2024 [May 23rd, 2024]
- Hilarious new TikTok advertising trend is peak Gen Z - Creative Bloq - May 1st, 2024 [May 1st, 2024]
- Sports partnerships in the era of streaming services - Optimising Digital and Offline Marketing - Indiantelevision.com - May 1st, 2024 [May 1st, 2024]
- The AI Revolution: News and Tools for Business with Melih Oztalay - mitechnews.com - April 8th, 2024 [April 8th, 2024]
- Top 100 Digital Marketing Interview Questions and Answers for 2024 - Simplilearn - March 28th, 2024 [March 28th, 2024]
- Connecting the Dots: The Role of Affiliate Platforms in Modern Marketing - Luxury Lifestyle Magazine - March 28th, 2024 [March 28th, 2024]
- Digital Marketing Spending Market size is set to grow by USD 353.53 bn from 2024-2028,shift in consumer behavior ... - PR Newswire - March 28th, 2024 [March 28th, 2024]
- Top 15 Digital Marketing Software Tools To Try Out - Influencer Marketing Hub - March 20th, 2024 [March 20th, 2024]
- Google Assistant's evolution: Is this the new search? - Napa Valley Register - February 6th, 2024 [February 6th, 2024]
- Overcoming Entrepreneurial Fear: Essential Strategies for New Business Owners - December 28th, 2023 [December 28th, 2023]
- Who Is Ross Kernez, the Internet Marketing Expert? - OK! - November 9th, 2023 [November 9th, 2023]
- Athletic Brewing Company Partners with Viral Internet Granny to ... - PR Newswire - November 9th, 2023 [November 9th, 2023]
- The Tech Stocks That Will Eventually Become the New Magnificent ... - InvestorPlace - November 9th, 2023 [November 9th, 2023]
- Wilkinsburg tries to demolish 'deplorable' buildings, avoid ... - TribLIVE - November 9th, 2023 [November 9th, 2023]
- Atlas 5 launches Amazon Kuiper satellites for tests of space-based ... - Spaceflight Now - October 11th, 2023 [October 11th, 2023]
- Internet of Medical Things (IoMT) Market Size to Surpass USD ... - GlobeNewswire - October 11th, 2023 [October 11th, 2023]
- Federal Judge Throws Out $32.5 Million Win For Sonos Against ... - Slashdot - October 11th, 2023 [October 11th, 2023]
- [New Report] Internet of Things in Retail Market Set to Surge ... - GlobeNewswire - September 7th, 2023 [September 7th, 2023]
- Global Consumer Internet of Things (IoT) Market Size to Reach USD ... - GlobeNewswire - September 7th, 2023 [September 7th, 2023]
- Team Internet Group looks to AI initiatives to drive digital marketing ... - Proactive Investors UK - September 7th, 2023 [September 7th, 2023]
- The global internet of medical thing market is expected to reach an ... - GlobeNewswire - September 7th, 2023 [September 7th, 2023]
- How SRK's Jawan is winning the brand integration 'jung' - Exchange4Media - September 7th, 2023 [September 7th, 2023]
- Reshaping biopharma marketing with point-of-care messaging - MM+M Online - September 7th, 2023 [September 7th, 2023]
- The Truth About Gigs, Gs and Other Internet Marketing Jargon - Forest Grove News times - August 28th, 2023 [August 28th, 2023]
- Fall SCORE Webinars Can Help Keep Your Business Out Front - VISTA.Today - August 28th, 2023 [August 28th, 2023]
- St International Holdings Company Limited Announces Executive ... - Marketscreener.com - August 28th, 2023 [August 28th, 2023]
- This agency's 'clean graffiti' is stunning the internet - Creative Bloq - August 28th, 2023 [August 28th, 2023]
- Semiconductor Wireless Sensor Internet of Things Market Size to ... - Taiwan News - August 28th, 2023 [August 28th, 2023]
- Enabling innovation: Microsoft at Automotive News World Congress ... - Microsoft - August 28th, 2023 [August 28th, 2023]
- Best imaXcash Affiliates Review | Massive 70% Rev Share on ... - Born2Invest - August 28th, 2023 [August 28th, 2023]
- Proceed Innovative Reaches One Year Anniversary as the Preferred ... - PR Web - August 1st, 2023 [August 1st, 2023]
- Innovative Marketing Expands Internet Marketing Service in Houston ... - Digital Journal - August 1st, 2023 [August 1st, 2023]
- Industrial Internet Market is Expected to Reach at a CAGR of 9.40 ... - University City Review - August 1st, 2023 [August 1st, 2023]
- Internet of Vehicles Market Size to Hit USD 678.94 Billion by 2030 ... - GlobeNewswire - August 1st, 2023 [August 1st, 2023]
- Internet Protocol (IP) TV Market is Set to Experience a Revolutionary ... - University City Review - August 1st, 2023 [August 1st, 2023]
- Internet of Everything (IoE) Market A Comprehensive Study Explores ... - Taiwan News - August 1st, 2023 [August 1st, 2023]
- Navigating the internet of (too many) things: contending with digital ... - Transform magazine - August 1st, 2023 [August 1st, 2023]
- Internet Of Things (IoT) Device and Service Market Biggest ... - University City Review - August 1st, 2023 [August 1st, 2023]
- Alabama's Statewide Broadband Expansion Update Elmore ... - Elmore Autauga News - August 1st, 2023 [August 1st, 2023]
- Japan's Population Drops by Nearly 800,000 With Falls in Every ... - Slashdot - August 1st, 2023 [August 1st, 2023]
- The Weekly Listen: Will Threads replace Twitter, is the internet ... - Insider Intelligence - July 19th, 2023 [July 19th, 2023]
- Can Internet 'It Girl' Mia Khalifa Build a Lasting Business? - The Business of Fashion - July 19th, 2023 [July 19th, 2023]
- The omnichannel magic of connected TV - Search Engine Land - July 19th, 2023 [July 19th, 2023]
- Marketing Automation Software Market Revenues to Reach USD ... - GlobeNewswire - July 9th, 2023 [July 9th, 2023]
- India's first hospitality-focused agency, Internet Moguls is leading the ... - Tourism Breaking News - July 9th, 2023 [July 9th, 2023]