This article originally appeared in the 05/01/2001 issue of THE Journal.
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Artificial intelligence (AI) is a transformative technology that will change the way organizations interact and will add intelligence to many products and services through new insights currently hidden in vast pools of data. In 2017 alone, venture capitalists invested more than $11.7 billion in the top 100 Artificial Intelligence startups, according to CB Insights, and the breadth of Artificial Intelligence applications continues to grow. While human-like intelligence will remain the stuff of fantasy novels and movies for the near future, most organizations can and should explore practical Artificial Intelligence projects.