« All Episodes: Gigaom AI Minute – December 4

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Unquestionably the amount of hype and excitement around artificial intelligence is extraordinarily high, but is it warranted. Can it really affect the kind of change that some people say that it will? I wanted to kind of anecdotally demonstrate this to myself so I got a list of sic codes and just randomly looked through it to ask myself “Would artificial intelligence help in that industry?” What surprised me is with virtually every one the answer was yes, and more than yes the applications came quickly and and seem to be significant. To just go through the order that I came up on these. SIC code 0119, dry bean farming of course you can see that agriculture would make light use of artificial intelligence. 1044 silver mining, the same thing you could see silver mining looking for new deposits all the way to making improvements in the refinery process. 2022 cheese manufacturing they might use it to better predict sales or to enhance some of their processes. 5812 which are caterers, which might use artificial intelligence to know how much food to prepare. 5994 art dealers, just this very week artificial intelligence was released that could spot forgeries. 8051 nursing homes, the number of applications there is incredibly high. 7033 RV parks, I struggled with that one. And finally 9711 National Security, obviously there are any number of applications there.