—By John Soat, senior writer, Oracle Corporate Communications
Artificial intelligence (AI) is hot. Some of what you see in the media about robot warriors and autonomous airliners is so much hype. But there's nothing artificial about the money, resources, and human capital being invested in AI technology by today's smartest companies.
In terms of enterprise IT, AI has become a fundamental building block. CIOs today must incorporate AI techniques such as machine learning and neural networks into their basic infrastructure and applications development strategies. They'll likely need cloud systems to store and manage the massive volumes of data that machine learning systems feed on. And CIOs should look to tap third-party apps and cloud services that make use of those techniques as well.
CIOs ignore the AI wave at their peril. That's because, going forward—according to Toby Redshaw, consultant and former American Express CIO—the company that enters a market without benefit of AI-powered technology will be "the guy at the gunfight with a knife."
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