Artificial Intelligence (AI) is now well-established as a transformative technology across multiple industries, as well as in government and in scientific research. The transformative impact of AI comes from both its effect on intelligent decision making and predictions as well as from its facilitation of greater automation.
Intelligence is an area where the contributions of AI as a technology are unique. Intelligence, in the form of prediction, provides unprecedented capabilities for organizations to monitor and improve processes that lead to higher productivity, efficiency, revenues, profits, and value.
This paper examines the key considerations that influence adoption of AI, provides concrete examples of use cases from industries and government and discusses its opportunities and risks, concluding with key recommendations.