NZBusiness+Management

What AI is doing for business

As the recent AI-DAY Conference in Auckland emphasised, artificial intelligence (AI) is already playing a vital role within the business community in terms of boosting business efficiency and productivity. However, unless you attended the two-day event you may still be somewhat in the dark about what the technology can deliver; there is still confusion and misinformation out there.

One thing is for certain – the technology is advancing rapidly. The question is: how long can you delay your business getting on board?

As Ben Reid, executive director of New Zealand’s AI Forum, an organisation that brings together the AI community, points out: to understand how the technology will impact on us all “you’ve got to separate the science from the science-fiction”.

First you must understand exactly what AI is and what its capabilities are. Reid sums the technology up under four major applications.

The first is ‘machine vision’ – technology that allows

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