WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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Let's put #AI in perspective and consider how long it will take for AI to Exceed Human Performance - expert predictions vary widely & yet the impact within 10 to 25 years (our lifetime for sure) ar...

Let's put #AI in perspective and consider how long it will take for AI to Exceed Human Performance - expert predictions vary widely & yet the impact within 10 to 25 years (our lifetime for sure) ar... | WHY IT MATTERS: Digital Transformation | Scoop.it

The experts predict that AI will outperform humans in the next 10 years in tasks such as translating languages (by 2024), writing high school essays (by 2026), and driving trucks (by 2027).
But many other tasks will take much longer for machines to master. AI won’t be better than humans at working in retail until 2031, able to write a bestselling book until 2049, or capable of working as a surgeon until 2053.

Farid Mheir's insight:

WHY IT MATTERS: we hear too much about AI with many experts fighting hard to make the difference between AI, machine learning and deep learning. My summary is that AI is a long way in the future but that machine learning impacts will be well within my lifetime - 10 to 25 years from now. This is what I prepare my customers for in my strategic plans.

Taskiy's comment, February 23, 2019 1:46 AM
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Beware of the digital cliff: digital transformation happens very fast and companies must prepare for that event, even though its timing is difficult to determine #exponentialGrowth #digitalDisruption

Beware of the digital cliff: digital transformation happens very fast and companies must prepare for that event, even though its timing is difficult to determine #exponentialGrowth #digitalDisruption | WHY IT MATTERS: Digital Transformation | Scoop.it

Digital transformation does not happen slowly over time, but rather abruptly after a long period of denial by industry leaders.

Farid Mheir's insight:

WHY IT MATTERS: this post from 2013 is still as valid today as it was 5 years ago. Why do so many companies continue to be in denial?

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How Ford Retail is bringing digital into the boardroom via @Econsultancy @chiefDigOfficer

How Ford Retail is bringing digital into the boardroom via @Econsultancy @chiefDigOfficer | WHY IT MATTERS: Digital Transformation | Scoop.it

Celia Pronto is Group Marketing and Ecommerce Director at Ford Retail, and her expertise is in working with multichannel businesses experiencing vast transformation. She will be speaking about Ford Retail's digital transformation, and the importance of customer experience. 

Farid Mheir's insight:

Key messages: digital transformation takes time, customer expectations are high and retailers have yet to meet them

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