The co-founder and CEO of the technology and business consulting company Logic 20/20, Christian O’Meara leverages advancements in technology to provide business-focused solutions. Focused on assisting companies in solving business and technological challenges, Christian O’Meara has written about the ways in which artificial intelligence and machine learning could help businesses.
While popular culture has led many people to associate artificial intelligence (AI) with fearsome and potentially dangerous robots, the truth about the technology’s potential is much more comforting and is revolutionizing business operations. Generalized AI, in which machines can think and make decisions, is still far outside our reach. What we have is known as “weak AI,” or specialized machine learning in which people train machines to perform particular tasks.
Machine learning uses algorithms and data sets to create a model, which can then allow a machine to process new data. The possibilities for this technology span many fields, ranging from medicine to retail.
Studies have shown that machine learning could improve the ability of health care teams to predict which patients are at high risk for strokes or heart attacks, thus improving preventive medicine and patient care. When applied to the retail industry, machine learning could predict consumers’ actions in ways that improve the effectiveness of customer service and product development.