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AI story generator produced this article. I typed in the title “How Robotic Process Automation (RPA) Reduces Business Operating Costs” and less that 3 minutes later got the output you see below. By comparison the article I wrote and published earlier with the exact same title took over a day of research and writing.  I … Read more

How Robotic Process Automation Reduces Business Operating Costs

Robotic Process Automation (RPA) promises to reduce the need for employees. Many administrative tasks are already being replaced by software robots (Bots) in a similar way most factory tasks were replaced by factory robots. According to McKinsey report 35% of the US 8.1Million office and 22% of the 4million customer support workers are likely to be … Read more

What Is Deep Learning?

Deep learning is a subset of Machine Learning AI technology. It emulates the human brain in order to process data, extract patterns and make decisions. Human Neuron Operation A human brain contains neurons shown schematically in the diagram below. Dendrites receive signals from other neurons in a brain. The cell body combines the received signals. … Read more

Recommender System

A Recommender System is a good example of AI and Machine Learning specifically used to increase revenue and customer engagement on e-commerce sites. They generate customer prompts like:  “Frequently bought together” or “You may also like” which we see often.  They  are used because they deliver: 35% of Amazon revenue 75% of what Netflix customers watch 30% … Read more

What is AI and what CEOs Should Know About it

  What is AI? AI is a set of computer software algorithms that process large volumes of data and derive conclusions independently of human intervention. The term AI describes various algorithms designed to address specific applications shown below.   Neural Networks, Convolutional Neural Networks, Robotic Process Automation (RPA) and Self Learning are alternate names for … Read more