PwC Releases 2018 AI Predictions For How To Shape Business Strategy
PwC just released a new report on AI predictions and how it will help share business strategy in 2018. PwC's advisory marketing leader Matt Lieberman sits down with Alyssa Julya Smith in Los Angeles to discuss how businesses can start to implement these strategies and what it means for overall industries.
Lieberman talks about one of the insights which claims AI will not impact employment. The general worry out there is that robots will start taking away jobs for humans, but PwC’s predictions disagree. Lieberman explains that the findings indicate AI will help humans and machines work together.
Another area that study looks at is the role of AI when it comes to data. 59 percent of executives say BIG DATA at their company would be improved through the use of AI, which is beneficial to big businesses that have a hard time analyzing and putting their data to use.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
