Artificial Intelligence Hype Meets Reality: Eye on A.I.

Despite all the hype about artificial intelligence, most executives expect that it will take years before the cutting-edge technology gives their businesses a financial lift. Their long-term view was laid out by consulting firm KPMG in a recent survey of 400 executives, all of whom had artificial intelligence projects in progress within their companies. The […]

Worrying About Artificial Intelligence Starting a Nuclear War: Eye on A.I.

An organization that won the Nobel Prize in 2017 for its work to eliminate nuclear weapons is sounding the alarm about the possibility of artificial intelligence leading to unintended wars. Beatrice Fihn, executive director of the International Campaign to Abolish Nuclear Weapons, is worried that hackers could breach A.I. technologies that are used in nuclear […]

Here’s How Much Companies Are Spending on Artificial Intelligence: Eye on A.I.

Some companies are spending over $5 million on artificial-intelligence projects, showing just how serious businesses are getting about the cutting-edge technology. The finding comes from a survey of over 300 companies by Figure Eight, a business that helps customers label their data. The results, published in late May, provides a glimpse into how quickly companies […]

The Next Generation of Robots Will Be Powered By Artificial Intelligence: Eye on A.I.

Robots must be smarter if they’re going to pack boxes in warehouses, scan inventory in stores, and even care for the elderly. The rise of machine learning in recent years is making that possible. Steady innovation has led to robots that can independently “learn” to navigate tight corridors and grasp delicate objects without crushing them. […]

Why Artificial Intelligence Is a Lot Like Romance: Eye on A.I.

Executives who are afraid of long-term commitments should avoid artificial intelligence. Like with romantic relationships, using the technology requires an appetite for hard work, planning, and patience. Even then, failure is a real possibility. “If you are not going to make this investment for the long term, it is not a good idea to do […]

Eye on A.I.— Why Standards Are Critical to Improving Artificial Intelligence

Improving artificial intelligence to help prevent heart attacks doesn’t just depend on innovation. It also hinges on creating standards, the wonky underpinnings of the technology agreed to by companies and government agencies. For example, the Consumer Technology Association, which hosts the annual CES tech show in Las Vegas, recently created an A.I. working group made […]

Eye on A.I.— Introducing Fortune’s New Brainstorm A.I. Conference

Artificial intelligence promises to revolutionize business by making it possible for computers to translate languages, identify people in photos, and analyze data to find new ways to make money. But despite these advances, most companies haven’t incorporated A.I. into their operations because it’s either too complicated, too expensive, or too early. With that in mind, […]

Eye on A.I.— Why Hardware Is So Important to A.I.’s Future

Using artificial intelligence successfully isn’t just about software. Companies are quickly realizing that the hardware it runs on and is trained on is also critical. Take the example of Google, a leader in A.I. Last week, during its annual developer conference in Mountain View, Calif., the company debuted its new line of Internet-connected home products […]

Eye on A.I.— Facebook and Google’s Fierce and Nerdy Rivalry Over A.I. Software

Facebook and Google aren’t merely competing for dominance in online advertising. They’re also battling over artificial intelligence. At the core of their tussle is the underlying software for creating neural networks, the software that learns on its own to recognize patterns within data. Although neural networks have been around for decades, it wasn’t until recently […]

Eye on A.I.— Retail Has Big Hopes For Artificial Intelligence. But Shoppers May Have Other Ideas

Walmart has opened a store in Levittown, N.Y. that is intended to showcase the power of artificial intelligence. The store, announced last week, is packed with video cameras, digital screens, and over 100 servers, making it appear more like a corporate data center than a discount retailer. All that machinery helps Walmart automatically track inventory […]