This document discusses artificial intelligence and its impact on business according to Arnon Dror. It defines AI as a general-purpose technology that has the potential to automate many tasks currently done by humans. While AI may replace some low-skill jobs, it will also create new, high-skilled data jobs. Businesses that embrace AI will be able to benefit from cost savings and innovation, while those that resist risk falling behind. AI is still in its early stages and will change over time, so businesses have an opportunity to adapt their operations and workforce.

1. A R N O N D R O R
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s o t & bu s
June 11, 2018
ARNON DROR: AI AND THE FUTURE OF BUSINESS
ARNON DROR: GETTING READY FOR ARTIFICIAL INTELLIGENCE
DISRUPTION
Forget about self-driving cars or virtual reality for a minute. While such technologies are certainly exciting and stand a good
chance of going mainstream in the next decade, there is a bigger and more exciting technology that has a greater chance of
reinventing the world — arti cial intelligence. Arnon Dror (https://www.linkedin.com/in/arnondror) says there is more to
arti cial intelligence than the robots depicted in Hollywood movies like Blade Runner or I, Robot, which are more fantasy than
reality. This general-purpose technology holds tremendous potential in shaping a new automated world that is run by
“intelligent” machines. (http://www.arnon-dror.com/wp-
content/uploads/2018/06/Arnon-Dror-AI.jpeg)
What Is Arti cial Intelligence
It’s not uncommon to see business executives having a hard time trying
to wrap their heads around arti cial intelligence, what it is, and how it
can build or hurt their business, and Arnon Dror
(http://www.arnondror.com/) doesn’t blame them. There’s a lot to learn
and read up on about it. Arnon Dror says the term arti cial intelligence
is nothing new; it’s been around for several decades. In fact, Alan
Turing invented the term in 1950. It’s only recently that the technology
has become sophisticated enough that experts and analysts nally
perceive a serious threat in it.

2. Perhaps the biggest question that concerns both executives and employees is: will the world’s workforce be slashed in half
because of arti cial intelligence? There’s a case to be made for arti cial intelligence replacing low-wage and low-skill work,
especially ones in predictable environments, but it’s not all doom and gloom. If anything, the technology will not arrive
overnight, and Arnon Dror (https://www.crunchbase.com/person/arnon-dror) says businesses and professionals have time to
retool themselves and learn new skills that may complement the technology. One example of this is data-related jobs, like data
scientists and data engineers. These professionals are tasked to make sense of data to suit whatever purpose, from marketing
and sales to product development.
Arti cial Intelligence and Your Business
As for how arti cial intelligence may impact your business, that all depends on your mindset on whether you will embrace or
resist the technology. Arnon Dror cautions business executives from doing the latter. While accepting change is easier said than
done, arti cial intelligence is not all hype, as it promises to bring a ton of bene ts and positive developments.
Aside from labor cost savings, arti cial intelligence could very well herald new types of creative work never seen before. Arnon
Dror (https://twitter.com/arnondror1) says if you look back on history, you would see the same trends. Machines paved the way
for societies to grow from agricultural to industrial, and arti cial intelligence may just be the catalyst that will catapult modern
society to a futuristic one.
Using the same example of retooling one’s self to be employable in a data-related job, this line of work was practically unheard of
a decade ago, yet it’s projected to be one of the highest in demand in the next few years.
Arnon Dror (http://www.arnon-dror.com/) shares there’s a lot businesses can do with arti cial intelligence. From autonomous
vehicles and virtual agents, to cancer-detecting machines and robots in eCommerce warehouses, the technology has just gotten
started. There is still plenty of room left in the industry for collaboration and innovation.
Author: admin (http://www.arnon-dror.com/author/admin/)
Filed Under: Blog (http://www.arnon-dror.com/category/blog/)
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