Gartner report AI must be a top priority for CIOs
Summary
The IEEE recently conducted a study, finding that 65% of CTOs and CIOs believe AI will be the most important technology next year and will be used in diverse ways across the global economy. Leaders also reported that they will be focusing on AI applications and algorithms that can optimise data, perform complex tasks and make decisions with human-like accuracy. Explainable AI, which focuses on making machine learning models interpretable to non-experts, is certain to become increasingly important as these technologies impact more sectors of society, and both regulators and the public demand the ability to contest algorithmic decision-making. Both of these subfields not only offer exciting avenues for technical innovation but also address growing societal and ethical concerns surrounding machine learning.” Ayesha Iqbal, IEEE senior member and engineering trainer at the Advanced Manufacturing Training Centre added: "AI has significantly evolved in recent years, with applications in almost every business sector. With AI growing more rapidly than ever before, and already being tested and employed in education, healthcare, transportation, finance, data security, and more, it’s high time that the Government, tech leaders, and academia work together to establish standards and regulation for safe and responsible development of AI-based systems.