scholarly journals Artificial intelligence and machine learning research: towards digital transformation at a global scale

Author(s):  
Akila Sarirete ◽  
Zain Balfagih ◽  
Tayeb Brahimi ◽  
Miltiadis D. Lytras ◽  
Anna Visvizi
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pooya Tabesh

Purpose While it is evident that the introduction of machine learning and the availability of big data have revolutionized various organizational operations and processes, existing academic and practitioner research within decision process literature has mostly ignored the nuances of these influences on human decision-making. Building on existing research in this area, this paper aims to define these concepts from a decision-making perspective and elaborates on the influences of these emerging technologies on human analytical and intuitive decision-making processes. Design/methodology/approach The authors first provide a holistic understanding of important drivers of digital transformation. The authors then conceptualize the impact that analytics tools built on artificial intelligence (AI) and big data have on intuitive and analytical human decision processes in organizations. Findings The authors discuss similarities and differences between machine learning and two human decision processes, namely, analysis and intuition. While it is difficult to jump to any conclusions about the future of machine learning, human decision-makers seem to continue to monopolize the majority of intuitive decision tasks, which will help them keep the upper hand (vis-à-vis machines), at least in the near future. Research limitations/implications The work contributes to research on rational (analytical) and intuitive processes of decision-making at the individual, group and organization levels by theorizing about the way these processes are influenced by advanced AI algorithms such as machine learning. Practical implications Decisions are building blocks of organizational success. Therefore, a better understanding of the way human decision processes can be impacted by advanced technologies will prepare managers to better use these technologies and make better decisions. By clarifying the boundaries/overlaps among concepts such as AI, machine learning and big data, the authors contribute to their successful adoption by business practitioners. Social implications The work suggests that human decision-makers will not be replaced by machines if they continue to invest in what they do best: critical thinking, intuitive analysis and creative problem-solving. Originality/value The work elaborates on important drivers of digital transformation from a decision-making perspective and discusses their practical implications for managers.


Author(s):  
Rahul Badwaik

Healthcare industry is currently undergoing a digital transformation, and Artificial Intelligence (AI) is the latest buzzword in the healthcare domain. The accuracy and efficiency of AI-based decisions are already been heard across countries. Moreover, the increasing availability of electronic clinical data can be combined with big data analytics to harness the power of AI applications in healthcare. Like other countries, the Indian healthcare industry has also witnessed the growth of AI-based applications. A review of the literature for data on AI and machine learning was conducted. In this article, we discuss AI, the need for AI in healthcare, and its current status. An overview of AI in the Indian healthcare setting has also been discussed.


2020 ◽  
Vol 34 (09) ◽  
pp. 13693-13696
Author(s):  
Emma Strubell ◽  
Ananya Ganesh ◽  
Andrew McCallum

The field of artificial intelligence has experienced a dramatic methodological shift towards large neural networks trained on plentiful data. This shift has been fueled by recent advances in hardware and techniques enabling remarkable levels of computation, resulting in impressive advances in AI across many applications. However, the massive computation required to obtain these exciting results is costly both financially, due to the price of specialized hardware and electricity or cloud compute time, and to the environment, as a result of non-renewable energy used to fuel modern tensor processing hardware. In a paper published this year at ACL, we brought this issue to the attention of NLP researchers by quantifying the approximate financial and environmental costs of training and tuning neural network models for NLP (Strubell, Ganesh, and McCallum 2019). In this extended abstract, we briefly summarize our findings in NLP, incorporating updated estimates and broader information from recent related publications, and provide actionable recommendations to reduce costs and improve equity in the machine learning and artificial intelligence community.


2021 ◽  
Vol 73 (09) ◽  
pp. 43-43
Author(s):  
Reza Garmeh

The digital transformation that began several years ago continues to grow and evolve. With new advancements in data analytics and machine-learning algorithms, field developers today see more benefits to upgrading their traditional development work flows to automated artificial-intelligence work flows. The transformation has helped develop more-efficient and truly integrated development approaches. Many development scenarios can be automatically generated, examined, and updated very quickly. These approaches become more valuable when coupled with physics-based integrated asset models that are kept close to actual field performance to reduce uncertainty for reactive decision making. In unconventional basins with enormous completion and production databases, data-driven decisions powered by machine-learning techniques are increasing in popularity to solve field development challenges and optimize cube development. Finding a trend within massive amounts of data requires an augmented artificial intelligence where machine learning and human expertise are coupled. With slowed activity and uncertainty in the oil and gas industry from the COVID-19 pandemic and growing pressure for cleaner energy and environmental regulations, operators had to shift economic modeling for environmental considerations, predicting operational hazards and planning mitigations. This has enlightened the value of field development optimization, shifting from traditional workflow iterations on data assimilation and sequential decision making to deep reinforcement learning algorithms to find the best well placement and well type for the next producer or injector. Operators are trying to adapt with the new environment and enhance their capabilities to efficiently plan, execute, and operate field development plans. Collaboration between different disciplines and integrated analyses are key to the success of optimized development strategies. These selected papers and the suggested additional reading provide a good view of what is evolving with field development work flows using data analytics and machine learning in the era of digital transformation. Recommended additional reading at OnePetro: www.onepetro.org. SPE 203073 - Data-Driven and AI Methods To Enhance Collaborative Well Planning and Drilling-Risk Prediction by Richard Mohan, ADNOC, et al. SPE 200895 - Novel Approach To Enhance the Field Development Planning Process and Reservoir Management To Maximize the Recovery Factor of Gas Condensate Reservoirs Through Integrated Asset Modeling by Oswaldo Espinola Gonzalez, Schlumberger, et al. SPE 202373 - Efficient Optimization and Uncertainty Analysis of Field Development Strategies by Incorporating Economic Decisions in Reservoir Simulation Models by James Browning, Texas Tech University, et al.


Author(s):  
Hooi Kun Lee ◽  
Abdul Rafiez Abdul Raziff

The value of play has mainly stayed consistent throughout time. Playing is, without a doubt, one of the essential things we can do. Playing in addition to supporting motor, neurological, and social development improves adaptation by encouraging people to explore diverse perspectives on the world and assisting them in developing methods for dealing with problems in a safe setting. The way we play and what we play with have been heavily affected by the quickly evolving technology shaping our daily lives. Artificial intelligence (A.I.) is now found in many products, including vehicles, phones, and vacuum cleaners. This extends to children's items, with the creation of an "Internet of Toys." Many learning, remote control, and app-integrated toys include innovative playthings that employ speech recognition and machine learning to communicate with users. This study examines the impact of technology adoption on the success and failure of two toys industry – Hasbro, Inc and Toys R Us, Inc. The research methodology of this study is based on case studies where the comparison of the two industries was made from a few areas. The finding of the study determines that corporations that evolved consistently with the change of technology will continue to grow in the market. In contrast, the corporation that failed to adopt digital transformation will be a force out of the market.


Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 501-513
Author(s):  
Nguyen Dinh Trung ◽  
Dinh Tran Ngoc Huy ◽  
Trung-Hieu Le

Our purpose to conduct this research is that we would like to present advantages and applications of internet of things (IoTs), Machine learning (ML), AI - Artificial intelligence and digital transformation in Education, Medicine-hospitals, Tourism and Manufacturing Sectors. In this paper authors will use methods such as empirical research and practices and experiences in infrared rays system applications in emerging markets such as Vietnam. Research Results find out that in education sector, ML and IoTs and AI has affected methods of teaching and methods of evaluating students in classroom and from then, teachers or instructors can decide suitable career development path for learners. Last but not least, ML and IoTs and AI together also has certain impacts in hospitals and medicine sector where public health data and patients information and diseases information are recorded and processed faster with Big Data. Till the end, we have enough information to propose implications for future researches on applications of machine learning in each specific sector and also, cybersecurity Risk management also need for implementing and applying ML and IoTs and AI.


Author(s):  
Virginia Mărăcine ◽  
Oona Voican ◽  
Emil Scarlat

AbstractThe explosive development of artificial intelligence, machine learning and big data methods in the last 10 years has been felt in the financial-banking field which has subjected to profound changes aimed at determining an unprecedented increase in the efficiency and profitability of the businesses they carry out. The tendencies of applying the concepts coming from AI, together with the continuous increase of the volume, complexity and variety of the data that the banks collect, store and process have acquired the generic names of FinTech, respectively BigTech. Five main areas exist where Fintechs and Bigtechs can provide improvements in business models for the banks: introducing specialized platforms, covering neglected customer segments, improving customer selection, reduction of the operating costs of the banks, and optimization of the business processes of the banks. We will present some of these improvements, and then we will show how the business models of the banks dramatically transform under the influence of these changes.


2010 ◽  
Vol 171-172 ◽  
pp. 740-743
Author(s):  
Xian Min Wei

The artificial intelligence is an important branch of computer science, in recent years with the development of computer technology, artificial intelligence has also been in good development. Machine learning is a core part of artificial intelligence, machine learning background, research status, and applications in network intrusion detection, text categorization and data mining were studied in this paper.


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