Successful AI projects seek a spectrum of outcomes, says R “Ray” Wang.
AI driven smart services will power the future business models. As with most disruptive business models, form must follow function. Just enabling AI for AI’s sake will result in a waste of time. However, applying a spectrum of outcomes to transform the business models of AI powered organizations will indeed result in a disruptive business model and successful digital transformation.
SPECTRUM OF SEVEN OUTCOMES FOR AI
- Perception describes what’s happening now.
- Notification tells you what you asked to know.
- Suggestion recommends action.
- Automation repeats what you always want.
- Prediction informs you what to expect.
- Prevention helps you avoid bad outcomes.
- Situational awareness tells you what you need to know right now.
Source: Software Insider
