Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage. In The AI Advantage, Thomas Davenport offers a guide to using artificial intelligence in business. He describes what technologies are available and how companies can use them for business benefits and competitive advantage. He cuts through the hype of the AI craze—remember when it seemed plausible that IBM's Watson could cure cancer?—to explain how businesses can put artificial intelligence to work now, in the real world. His key recommendation: don't go for the “moonshot” (curing cancer, or synthesizing all investment knowledge); look for the “low-hanging fruit” to make your company more efficient. Davenport explains that the business value AI offers is solid rather than sexy or splashy. AI will improve products and processes and make decisions better informed—important but largely invisible tasks. AI technologies won't replace human workers but augment their capabilities, with smart machines to work alongside smart people. AI can automate structured and repetitive work; provide extensive analysis of data through machine learning (“analytics on steroids”), and engage with customers and employees via chatbots and intelligent agents. Companies should experiment with these technologies and develop their own expertise. Davenport describes the major AI technologies and explains how they are being used, reports on the AI work done by large commercial enterprises like Amazon and Google, and outlines strategies and steps to becoming a cognitive corporation. This book provides an invaluable guide to the real-world future of business AI. A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.

Filled with cool photos and information about the latest in artificial intelligence technology, this book shows readers how AI has developed, how it is used, and what might be in store for the future of AI.

As technology advancement has increased, so to have computational applications for forecasting, modelling and trading financial markets and information, and practitioners are finding ever more complex solutions to financial challenges. Neural networking is a highly effective, trainable algorithmic approach which emulates certain aspects of human brain functions, and is used extensively in financial forecasting allowing for quick investment decision making. This book presents the most cutting-edge artificial intelligence (AI)/neural networking applications for markets, assets and other areas of finance. Split into four sections, the book first explores time series analysis for forecasting and trading across a range of assets, including derivatives, exchange traded funds, debt and equity instruments. This section will focus on pattern recognition, market timing models, forecasting and trading of financial time series. Section II provides insights into macro and microeconomics and how AI techniques could be used to better understand and predict economic variables. Section III focuses on corporate finance and credit analysis providing an insight into corporate structures and credit, and establishing a relationship between financial statement analysis and the influence of various financial scenarios. Section IV focuses on portfolio management, exploring applications for portfolio theory, asset allocation and optimization. This book also provides some of the latest research in the field of artificial intelligence and finance, and provides in-depth analysis and highly applicable tools and techniques for practitioners and researchers in this field.

Explore how a data storage system works – from data ingestion to representation Key FeaturesUnderstand how artificial intelligence, machine learning, and deep learning are different from one anotherDiscover the data storage requirements of different AI apps using case studiesExplore popular data solutions such as Hadoop Distributed File System (HDFS) and Amazon Simple Storage Service (S3)Book Description Social networking sites see an average of 350 million uploads daily - a quantity impossible for humans to scan and analyze. Only AI can do this job at the required speed, and to leverage an AI application at its full potential, you need an efficient and scalable data storage pipeline. The Artificial Intelligence Infrastructure Workshop will teach you how to build and manage one. The Artificial Intelligence Infrastructure Workshop begins taking you through some real-world applications of AI. You'll explore the layers of a data lake and get to grips with security, scalability, and maintainability. With the help of hands-on exercises, you'll learn how to define the requirements for AI applications in your organization. This AI book will show you how to select a database for your system and run common queries on databases such as MySQL, MongoDB, and Cassandra. You'll also design your own AI trading system to get a feel of the pipeline-based architecture. As you learn to implement a deep Q-learning algorithm to play the CartPole game, you'll gain hands-on experience with PyTorch. Finally, you'll explore ways to run machine learning models in production as part of an AI application. By the end of the book, you'll have learned how to build and deploy your own AI software at scale, using various tools, API frameworks, and serialization methods. What you will learnGet to grips with the fundamentals of artificial intelligenceUnderstand the importance of data storage and architecture in AI applicationsBuild data storage and workflow management systems with open source toolsContainerize your AI applications with tools such as DockerDiscover commonly used data storage solutions and best practices for AI on Amazon Web Services (AWS)Use the AWS CLI and AWS SDK to perform common data tasksWho this book is for If you are looking to develop the data storage skills needed for machine learning and AI and want to learn AI best practices in data engineering, this workshop is for you. Experienced programmers can use this book to advance their career in AI. Familiarity with programming, along with knowledge of exploratory data analysis and reading and writing files using Python will help you to understand the key concepts covered.

Two management and technology experts show that AI is not a job destroyer, exploring worker-AI collaboration in real-world work settings. This book breaks through both the hype and the doom-and-gloom surrounding automation and the deployment of artificial intelligence-enabled—“smart”—systems at work. Management and technology experts Thomas Davenport and Steven Miller show that, contrary to widespread predictions, prescriptions, and denunciations, AI is not primarily a job destroyer. Rather, AI changes the way we work—by taking over some tasks but not entire jobs, freeing people to do other, more important and more challenging work. By offering detailed, real-world case studies of AI-augmented jobs in settings that range from finance to the factory floor, Davenport and Miller also show that AI in the workplace is not the stuff of futuristic speculation. It is happening now to many companies and workers. These cases include a digital system for life insurance underwriting that analyzes applications and third-party data in real time, allowing human underwriters to focus on more complex cases; an intelligent telemedicine platform with a chat-based interface; a machine learning-system that identifies impending train maintenance issues by analyzing diesel fuel samples; and Flippy, a robotic assistant for fast food preparation. For each one, Davenport and Miller describe in detail the work context for the system, interviewing job incumbents, managers, and technology vendors. Short “insight” chapters draw out common themes and consider the implications of human collaboration with smart systems.

Cutting Edge Artificial Intelligence, Spatial Transcriptomics and Proteomics Approaches to Analyze Cancer, Volume 163 in the Advances in Cancer Research series, highlights new advances in the field, with this new volume presenting interesting topics on the Impact of thermal processing on food flavonoids, Bioinformatics and bioactive peptides from foods: does it work together?, Food off-flavor volatiles generation, characterization and advances in novel strategies for mitigating off-flavor perception, Innovations in Food Packaging for a Sustainable and Circular economy, Upcycling of seafood side streams for circularity, Edible insects in foods, Effect of novel food processing technologies on Bacillus cereus spores, and more. - Contains contributions that have been carefully selected based on their vast experience and expertise on the subject - Includes updated, in-depth, and critical discussions of available information, giving the reader a unique opportunity to learn - Encompasses a broad view of the topics at hand