Welcome to episode E106 of the AI Ireland podcast, the show that explores the applications and research of Data Science, Machine Learning and Artificial Intelligence on the island of Ireland.
Tag: machine learning
Artificial Intelligence is revolutionizing the world as we know it and Ireland is no exception. The AI Awards 2023, hosted by AI Ireland, is an event that celebrates this transformation, bringing together the brightest minds and leading organizations in the Irish AI community.
Here’s why you should mark your calendar for this event:
1. Connect with the AI Community
The AI Awards is not just an event; it’s a platform that fosters connections within the vibrant and forward-thinking Irish AI community. Whether you’re a data scientist, an AI enthusiast or a sponsor, the event offers an outstanding opportunity to connect, establish relationships and actively engage with the wider tech community. This could be your gateway to new prospects in the rapidly evolving AI field.
2. Stay Ahead with the Latest AI Trends
The AI Awards showcase the best applications of Data Science, Machine Learning and Artificial Intelligence in Ireland. Attending the event gives you a front-row seat to the latest trends and advancements in the industry. It’s a chance to share your observations and participate in discussions about the future of AI, helping you stay ahead of the curve.
3. Expand Your Network
The ceremony attracts a diverse audience, including members of the AI community, data scientists, researchers, technology CEOs and, of course, the awards finalists themselves. It serves as a valuable networking occasion and a platform for professionals in the field to exchange knowledge and ideas. Who knows, you might meet your next business partner, mentor or collaborator at the event!
4. Build a Shared Vision as a Team
Attending the AI Awards as a team offers the perfect opportunity to forge stronger relationships and create a shared understanding that propels your strategies forward. It’s a chance to align your team’s vision and goals, ensuring everyone is on the same page when it comes to your AI initiatives.
5. Learn from the Experts
The AI Awards give you a chance to interact face-to-face with the experts behind groundbreaking AI research and innovations. These are the people shaping the future of AI, and they’re ready to share their knowledge and insights with you. It’s a unique opportunity to learn from the best in the field.
6. Problem-Solve with Leading Solution Providers
Meet with exhibitors at the cutting edge of AI to exchange ideas and pressure-test strategies that can help your business meet its needs today and in the future. The AI Awards provide a unique platform to connect with the best in the industry and gain insights into the latest AI solutions and technologies.
In conclusion, the AI Awards 2023 is more than just a celebration of excellence in AI. It’s an opportunity to learn, network and gain insights that can propel your business or career in the rapidly evolving world of AI. Don’t miss out on this chance to be part of the AI revolution. Secure your participation without delay!
The 2023 AI Awards is proudly sponsored by Alldus International, Mazars Ireland, Dublin City Council and Mason Hayes & Curran with more sponsors to be announced in the coming weeks.
Early Bird Tickets Now on Sale for the 2023 AI Awards.
The fifth annual AI Awards takes place on Tuesday November 21st at the Gibson Hotel. This is an exciting opportunity to connect and network with over 200 AI and Data professionals across the island of Ireland and hear from some of the most exciting AI applications across industry and academia spanning 12 award categories.
Don’t miss the opportunity to get your discounted Early Bird tickets now! Head over to aiawards.ie/tickets or Eventbrite and enter the discount code EarlyBird_AIA to get your ticket for just €100. Limited tickets available; Original Price €239.
Boosting the benefits of AI and Machine Learning, AI Ireland champions safety and accountability as crucial pillars in AI system development.
AI and the Workforce: Echoes of Past Technological Fears
Just as calculators once stirred unease among mathematicians, today’s rapid advancements in AI and ML are triggering debates and concerns about the future of jobs worldwide. Public perceptions towards AI development vary greatly, influenced by factors such as education levels, wages, technical expertise, and gender. Amid these anxieties, we at AI Ireland remain not fearful but excited for the future.
Technological Advancement: A Catalyst, Not a Threat
Historically, similar concerns have emerged with every industrial revolution, intensifying with the rapid technological progress in the 20th century. Yet time and again, technology has proven to be a catalyst for efficiency and achievement, rather than a hindrance.
The Power of AI: Amplifying Human Potential
Just as few would choose to perform complex calculations by hand today, AI’s power lies in its ability to automate low-level, repetitive tasks. This not only improves efficiency but also frees up workers to concentrate on higher-level tasks.
Use Cases: The Wine Industry and Cybersecurity
Examples of AI’s potential can be found in the California wine industry, where automation has increased and allowed workers to shift to more complex roles. Similarly, in the cybersecurity sector, automation of routine tasks allows professionals to concentrate on more critical activities, like analyzing and responding to attacks.
The Collective Learning of AI
Just as our proficiency with technology increases over time, AI systems learn and evolve with each new piece of data. This continual learning can greatly benefit established disciplines like the advertising industry, where AI and ML can help compile useful data, enhancing precision and delivering significant benefits.
The Human Factor in AI: Unleashing Exponential Power
Despite the efficiency of machines, human collaboration remains paramount to success. AI platforms can significantly enhance human capabilities by connecting companies with the best service providers for their needs, thereby fostering opportunities and enabling individuals to benefit from the platform’s efforts.
Enhancing Teamwork and Communication with AI
AI’s potential extends to improving collaboration and communication, particularly in buyer-seller marketplaces. AI-based systems can learn from continuous feedback, becoming smarter and more capable of predicting customer preferences. This increased understanding allows AI to match intangible factors for successful business relationships, such as communication preferences and company culture, leading to beneficial results for all parties.
The Increasing Value of Human Talent in an AI-Driven World
The progression from paper and pencil to calculators and spreadsheets didn’t replace mathematicians – it made them more valuable. This value will continue to grow with the advancement of sophisticated analytics engines, which require the human touch for interpretation and application.
A Look at the Future of AI in the Workplace
The last few decades have seen an exponential increase in speed and the democratization of computing capabilities, leading to a more effective workforce. The evolution of calculators alone highlights our rapid rate of advancement.
As AI continues to develop, it is set to transform the workforce and the workplace in ways we can only imagine today.
Categories
How is AI being applied to business?
Artificial Intelligence is still an unfolding technology, and its complete influence and advantages remain untapped. AI breakthroughs are among various elements causing disruption in current markets and facilitating fresh digital business projects. Moreover, AI finds applications in diverse sectors, companies and roles in many ways.
Here are a few examples of AI application in business operations:
1. AI in Human-like Communications
Machine learning is paving the way for AI applications such as chatbots, autonomous vehicles, and smart robots that replicate human communications.
2. AI in Biometrics
Through deep learning techniques, AI provides solutions like facial recognition and voice recognition. Neural networks are used to hyper-personalize content through data mining and pattern recognition.
3. AI in IT Operations/Service Desk
AI facilitates IT support with Virtual Support Agents, ticket routing, information extraction from knowledge management sources, and providing answers to common questions.
4. AI in Supply Chain Management
AI assists with predictive maintenance, risk management, procurement, order fulfilment, supply chain planning, promotion management, and decision-making automation.
5. AI in Sales Enablement
AI can help identify new leads, nurture prospects through intelligent tracking and messaging, as well as improve sales execution and revenue through guided selling.
6. AI in Marketing
AI enables real-time personalization, content and media optimization, campaign orchestration, and uncovers new customer insights for effective marketing deployment.
7. AI in Customer Service
AI predicts customer needs and proactively deflects inquiries. Virtual customer assistants equipped with speech recognition, sentiment analysis, and automated quality assurance provide round-the-clock customer service.
8. AI in Human Resources
AI facilitates recruitment processes, skills matching, and leverages recommendation engines for learning content, mentors, career paths and adaptive learning.
9. AI in Finance
AI helps in dynamic processes requiring judgment and handling unstructured, volatile, high-velocity data. Examples include new accounting standards compliance, expense reports review, and vendor invoice processing.
10. AI in Sourcing, Procurement, and Vendor Management (SPVM)
AI assists in spend classification, contract analytics, risk management, candidate matching, sourcing automation, virtual purchasing assistance, and voice recognition.
11. AI in Legal
AI finds use in contract assembly, negotiation, due diligence, risk scoring, life cycle management, e-discovery, invoice classification, and more.
As enterprises adopt AI more widely, it’s inevitable that accompanying threats will arise, potentially posing significant risks to the organization. It’s crucial that these threats are assessed proactively to bolster stakeholder confidence in AI.
By 2025, it’s anticipated that regulations will demand greater emphasis on AI ethics, transparency and privacy. Far from inhibiting AI, these requirements will likely foster trust, stimulate growth and enhance the global performance of AI.
Welcome to episode E105 of the AI Ireland podcast, the show that explores the applications and research of Data Science, Machine Learning and Artificial Intelligence on the island of Ireland.
In the latest episode of the AI Ireland podcast, Microsoft’s National Technology Officer, Kieran McCorry sheds light on the transformational impact of Generative AI and its integration into Microsoft’s overall products and service.
In the episode, Kieran emphasises the role of ChatGPT and its partnership with Microsoft Azure in making AI technology accessible to the masses. The discussion highlighted various applications of Generative AI, including its ability to assist users in creating PowerPoint presentations and even writing code.