Virtual Marketing Assistant sounds like a dream. Signpost is making it real. This is a great story about a very promising company.
Sramana Mitra: Let’s start with introducing our audience to Signpost. What do you do? What kind of customers do you work with? What trends do you align with?
Stuart Wall: Signpost is an artificial intelligent CRM. The idea is that tools like Salesforce provide a very important function, i.e. how can companies keep track of their customers and prospective customers. The problem is a lot of marketing technology, including that of Salesforce, is way too hard to use. It’s difficult to set up and is very manual. >>>
According to a MarketsandMarkets report, the global artificial intelligence (AI) market is estimated to grow at 53.65% annually from $419.7 million in 2014 to $5.05 billion by 2020. The growth in the industry is attributed to the deployment of AI technologies in retail, finance, and healthcare sectors. IBM (NYSE: IBM) is targeting this high growth market with added focus on Watson through acquisitions and strategic tie-ups.
According to a report by Digi-Capital, the augmented and virtual reality market is estimated to grow to $120 billion by the year 2020, compared with the forecast of less than $10 billion in 2016. In 2020, virtual reality (VR) is expected to account for $30 billion of the market while augmented reality (AR) will account for the remaining $90 billion. Billion Dollar Unicorn player Blippar is focused on making a mark in this high growth industry.
After publishing my recent article, Must-read Articles on Artificial Intelligence, in which I’ve shared my thoughts and concerns about AI, some have asked for more.
Here are my in-depth interviews with five (actually six) thought leaders who are deeply engaged in artificial intelligence development today that I hope will provide a good overall perspective on where and how AI is being applied today, where AI stands in 2016:
My deep concerns over the impact that Artificial Intelligence, Machine Learning, Robotics, and over-automation will eventually have on society have led me to write several thought-provoking articles to help raise awareness while course correction is still possible.
Whichever way the future unfolds, we do have some time in hand. The kind of mass scale automation that may eventually come about is still 50-100 years away, most likely. Still, there is a very high probability that massive degrees of automation WILL eventually come about. Huge displacement of workers WILL take place due to such automation. Given that eventuality, are we facing Utopia or Dystopia? My prediction, unfortunately, is the latter.
According to a MarketsandMarkets report published last year, the global healthcare analytics market is projected to grow 26.5% annually over the five year period to be worth $18.7 Billion by 2020. The industry was estimated to be worth $5.8 billion in 2015. North America has the largest market in the Big Data healthcare market due to the Big Data initiatives launched by the federal government to reduce healthcare expenses. China’s recent Billion Dollar Unicorn Club member iCarbonX is also making big waves in the industry.
I have written several pieces already on my deep concerns about the kind of society we’re moving towards in the next 30-50 years as technology-induced changes sweep through society, rendering hundreds of millions of people unemployable.
Future of Work: Utopia or Dystopia?
Future of Artificial Intelligence: Brexit, Trump and Other Calamities
Artificial Intelligence: Just Because We Can, Does It Mean That We Should?
Future of Artificial Intelligence: All Play, No Work Society
Future of Artificial Intelligence: Demonetization
It seems to me that the end game in this thought experiment is the triumph of communism. Let me explain.
As a follow-up to my series of articles on Artificial Intelligence, my friend Som Das sent me an article by Peter Diamandis on demonetization and the “abundance” that will be created with the help of technology.
People are concerned about how AI and robotics are taking jobs and destroying livelihoods… reducing our earning capacity, and subsequently destroying the economy.