Transcription of Artificial Intelligence Innovation Report - deloitte.com
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Artificial Intelligence Innovation Report - deloitte.com
Artificial IntelligenceInnovation ReportPowered by2018 Innovation Report 2018 IntroductionOver the past few years, deep learning has gone from an esoteric branch of AI, focusing on theory, to being so mainstream that even an actress from Twilight has published an academic paper on it. This rise of deep learning over traditional machine learning methods has also led to the creation of a host of new platforms designed to help businesses improve work and workflow. The idea of creating a machine that can think in a way similar to the human brain is as old as modern computing. In 1950, in his seminal paper Computing Machinery and Intelligence , computing pioneer Alan Turing laid out several criteria to assess whether a machine could be said intelligent, which has since become known as the Turing test . Thirty-six years later, computer scientist and cognitive psychologist Geoff Hinton demonstrated how an Artificial neural network with several layers could be trained to learn nonlinear functions.
Artificial intelligence used in conjunction with CRM systems can automate functions such as contact management, data recording and analyses, and lead ranking, while AI-enabled buyer modelling can provide a prediction of a customer’s lifetime value.
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