Imagine you work in a large organization with tens of thousands of employees across multiple countries, a business that’s been around for over a hundred years, and all of a sudden you have people in one department who are interested in applying chatbots, colleagues in another department who wish to implement sentiment analysis and still another department that wants to begin using AI for fraud and risk analysis. How do you manage to put all these pieces together? That is exactly the situation that Muriel Serrurier Schepper found herself in. &nbsp;Muriel is the Business Consultant Advanced Data Analytics &amp; Artificial Intelligence at Rabobank Digital Bank in Naarden, Netherlands. In this episode, Muriel and I discuss the Artificial Intelligence Center of Excellence at Rabobank, where she manages projects and has connected ad virtual and physical team across the company which is comprised of over 60,000 employees spread across the world. For more interviews on the applications of AI in industry, visit: www.TechEmergence.com

Bringing AI into an Old, Large, Existing Business - with Muriel Serrurier Schepper of Rabobank

This week, AI in Industry features Jeremy Barnes, Chief Architect at Element AI. Jeremy talks about the common mistakes some businesses might make while adopting AI to solve broad business problems. He also sheds light on the problem areas that could raise the market value of businesses through AI adoption, hiring the right talent with the right combination of subject matter expertise and business experience, and the business and technical aspects executives should consider before contemplating the adoption of AI. For more insights on the B2B applications of AI, go to techemergence.com

Avoiding Common Mistakes in Applying AI to Business Problems - with Jeremy Barnes of Element AI

Episode Summary: Over the last couple of years there has been a definite but small shift from mobile as the primary interface focus for businesses to voice. With home assistant devices like the Amazon Echo and the Google Home becoming more commonplace, we aim to focus on how voice based AI applications are being used by businesses today and what this adoption will look like in the future. &nbsp; In this week’s episode of AI in Industry, we speak with Peter Cahill, the founder and CEO of Voysis, a voice AI platform that enables voice-based natural language instruction, search, and discovery. Peter explores areas where voice related AI applications will be used by businesses in B2B and B2C spaces today and what this might look like in five years. &nbsp; &nbsp;Interested readers can see the full interview with Peter Cahill from Voysis here:&nbsp;https://www.techemergence.com/spoken-voice-ai-applications-smart-home-peter-cahill-voysis/

Spoken Voice AI Applications in the Smart Home - with Peter Cahill from Voysis

Episode summary: In this week’s episode of AI in Industry, we speak with Larry Lafferty, the President and CEO of Veloxiti. Larry has been building large AI projects for DARPA and other large private companies for the last 30 years. In this interview, Larry explains three critical factors to applying artificial intelligence in the enterprise (with insights especially relevant for companies who aren’t very familiar with AI and data science). AI vendors and business leaders should find the “how to” insights in this interview useful – particularly Larry’s details on organizing data and defining an AI-applicable business problem. Interested readers can listen to the full interview with Larry here:&nbsp;https://www.techemergence.com/how-to-apply-ai-…h-larry-lafferty/

How to Apply AI to an Existing Business with Larry Lafferty

This week on AI in Industry, we are talking about the ethical consequences of AI in business. If a system were to train itself to act in unethical or legally reprehensible ways, it could take actions such as filtering or making decisions about people in regards to race or gender. When machine learning is integrated into technology products, could a misbehaving system put the company at financial and legal risk? Our guest this week, Otto Berkes, Chief Technology Officer of New York-based CA Technologies, speaks to us about realistic changes in the technology planning and testing process that leaders need to consider. We discussed how businesses could integrate machine learning into the products and services, while still protecting themselves from potential legal downsides. See the full interview article featuring Otto Berkes live at:&nbsp;https://www.techemergence.com/?p=13752&amp;preview=true

AI in Industry: How AI Ethics Impacts the Bottom Line - An Overview of Practical Concerns

If one wants to start a general search engine, they're going to have to compete with Google. If one wants to start a general eCommerce platform, they'll have to compete with Amazon. But the same dynamics play out on a smaller scale. There are going to be some established players, some big tech giant,&nbsp;be it IBM or someone else, who already has a product. When it comes to getting a new AI product out to market, how does&nbsp;one compete with the big guys? This week's guest is Mike Edelhart, who runs Social Starts and Joyance Partners, seed stage investment firms out in the Bay Area. Edelhart has invested in a number of companies, and in this episode, we get his perspective on not only the patterns among successful AI startups and where AI plays a role in their competitive strategy, but what a "land and expand" strategy looks like for a new product that already has larger and more established competitors.

What Makes a Successful AI Company? - A Venture Capitalist's Perspective

If you want to understand the international competitive dynamics of artificial intelligence, particularly the US and China, starting with the United Nations is probably not a bad move. This week, I spoke with Irakli Beridze, the head of the Center for Artificial Intelligence and Robotics at the UN, particularly under the wing called UNICRI, the organization's crime and justice division. Irakli was kind enough to invite me to speak at a recent event in Shanghai&nbsp;held by the UN and by the Shanghai Institutes for International Studies on national security, and when we were there, we talked a good deal about China's&nbsp;unique AI-related strengths. I spoke with Irakli about the strengths of the ecosystem in China for artificial intelligence and how that stacks up against the US. In addition, I asked Irakli about what it's going to look like to encourage more and more multilateral action. In other words, how do we get countries to be on the same page so AI doesn't become an arms race?

The Strengths of the AI Ecosystem in China - Perspectives from a UN Leader

The AI in Industry podcast is all about transferrable lessons. Today we speak with Andrew Byrnes, an investment director at Comet Labs in San Francisco about the competitive edge with AI. What does it look like when companies adopt AI in a way that gives them a competitive advantage? Byrnes breaks down the idea into two categories: automation and augmentation.

What It Looks Like to Adopt AI for Competitive Advantage

One of the best conversations I ever had on the topic of AI business strategy on the podcast was with the guest I've brought back this week: Madhu Shekar, Head of Digital Innovation for Amazon Internet Services in Bangalore. I wanted to do a deeper session with Madhu, who has seen a lot of companies go from no AI to beginning with AI, about where to start with AI adoption. How do companies build the expertise and experience with AI that lets them scale it to their organization? He also talks about how to prepare realistically for AI, including data requirements, integration times, and more.&nbsp;

AI Business Strategy Basics - Critical Insights on AI Adoption

While AI is certainly finding its footing in finance, we still find most of our subscribers are in a phase where they're trying to catch up in terms of data and data infrastructure and figure out where there's real traction with AI in finance: in banking, investing, or insurance. In this episode, we explore AI use-cases in a number of these areas of the financial industry. We interview Carlos Pazos and&nbsp;Anwar Ghauche at Spark Cognition about how to maximize a smaller data science team at a financial institution, how AI and alternative data is being used for quantamental investing, and how AI is automating some financing and underwriting processes.

AI

Tobias Schmidt