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Artificial Intelligence and the
Future of the Service
Industry
Adrian Cartland
13th May 2017
Technology
• Technology doesn’t
disappear, it develops a
niche
• Technology should be
moulded to assist
humans, not the other
way around
Symbiosis
• Humans and technology are symbiotic
• Kasparov vs Deep Blue
• Centaur Chess
Innovation
• Sustaining innovations improve the performance of established
products, along the dimensions of performance that mainstream
customers in major markets have historically valued. Most
technological advances are sustaining in character.
• Disruptive innovations bring to a market a very different value
proposition than had been available previously. Products based on
disruptive technologies are typically cheaper, simpler, and, frequently,
more convenient to use.
• AI is a disruptive technology
Artificial
Intelligence
“Behaviour by a machine
that, if performed by a
human, would be
considered intelligent”
What AI isn’t!
What AI is
• Natural Language Programming
• Expert Systems
• Machine Learning
• Intelligent Agents
• Fuzzy Logic
• Genetic Algorithms
“If Droids could think,
there’d be none of us here”
Where AI is Now?
AI can do
• Bespoke to standardized, then systemized, then packaged, then
commoditized, then automated
• Eg:
• Gathering facts from a client and organising them;
• Giving advice on discreet questions;
• Writing letters of response within a confined field;
• Negotiating terms within a certain bound; and
• Making decisions based on agreed facts.
• “Automatic” thinking vs mindful
Humans Only
• Philosophy
• Morals
• Empathy
• Charisma
• Context
• Choice
• Symbiosis
Good, Bad and Ugly News
• Bad News:
• 39% of Jobs Lost to AI
• No job completely gone
• Good News:
• Shift in supply curve
• 65% of children in new jobs
• More interesting work
• Ugly News:
• No reasons why existing service providers keep the work
AI Implemented:
Tax Research
• Find an answer 90% while
in front of client
• Reduce junior’s (unbillable)
research time
• Concept, not keyword, search
• Easiest quote finder
AI Implemented:
Searching
Unstructured Data
• “Big Data is the New Oil”
• Valuable IP inaccessible
• Automatically
file/sort/visualise
• More autonomous juniors
• Less work for admin
AI Implemented: Connectivity + Machine Learning
AI Implemented:
Client Engagement
• Access info from AI directly
• Reduce mundane interactions
• Always optional human interaction
• Direct question
• Tone analysis
• Logical exit point
• Examples:
• Marketing
• Onboarding
• Admin
Questions?
© Adrian Cartland 2017

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AI and the Future of the Service Industry

  • 1. Artificial Intelligence and the Future of the Service Industry Adrian Cartland 13th May 2017
  • 2. Technology • Technology doesn’t disappear, it develops a niche • Technology should be moulded to assist humans, not the other way around
  • 3. Symbiosis • Humans and technology are symbiotic • Kasparov vs Deep Blue • Centaur Chess
  • 4. Innovation • Sustaining innovations improve the performance of established products, along the dimensions of performance that mainstream customers in major markets have historically valued. Most technological advances are sustaining in character. • Disruptive innovations bring to a market a very different value proposition than had been available previously. Products based on disruptive technologies are typically cheaper, simpler, and, frequently, more convenient to use. • AI is a disruptive technology
  • 5. Artificial Intelligence “Behaviour by a machine that, if performed by a human, would be considered intelligent”
  • 7. What AI is • Natural Language Programming • Expert Systems • Machine Learning • Intelligent Agents • Fuzzy Logic • Genetic Algorithms “If Droids could think, there’d be none of us here”
  • 8. Where AI is Now?
  • 9. AI can do • Bespoke to standardized, then systemized, then packaged, then commoditized, then automated • Eg: • Gathering facts from a client and organising them; • Giving advice on discreet questions; • Writing letters of response within a confined field; • Negotiating terms within a certain bound; and • Making decisions based on agreed facts. • “Automatic” thinking vs mindful
  • 10. Humans Only • Philosophy • Morals • Empathy • Charisma • Context • Choice • Symbiosis
  • 11. Good, Bad and Ugly News • Bad News: • 39% of Jobs Lost to AI • No job completely gone • Good News: • Shift in supply curve • 65% of children in new jobs • More interesting work • Ugly News: • No reasons why existing service providers keep the work
  • 12. AI Implemented: Tax Research • Find an answer 90% while in front of client • Reduce junior’s (unbillable) research time • Concept, not keyword, search • Easiest quote finder
  • 13. AI Implemented: Searching Unstructured Data • “Big Data is the New Oil” • Valuable IP inaccessible • Automatically file/sort/visualise • More autonomous juniors • Less work for admin
  • 14. AI Implemented: Connectivity + Machine Learning
  • 15. AI Implemented: Client Engagement • Access info from AI directly • Reduce mundane interactions • Always optional human interaction • Direct question • Tone analysis • Logical exit point • Examples: • Marketing • Onboarding • Admin