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.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
