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.
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Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
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