Kumar Prabhat. Artificial Intelligence: Reshaping Life and Business

BPB Publications, 2019. — 298 p. — ISBN: 978-9388511070.Our World of personal life and work is set to change dramatically over the next decade as Artificial Intelligence (AI) strikes deeper roots with new products and services; robots take charge of manufacturing and warehouses, and drones reach the remote corners to deliver orders to customers. AI services and robots will particularly facilitate the life of older people and the visually impaired. AI has raised the bar of competition in the international market place and countries are busy implementing policies that will keep them ahead in the race of the next-generational change. AI will raise the productivity of the economy and provide a lot more convenience, though there is bound to be short-term pain in the transformational process.Some of the world’s biggest and the famous companies from around the globe such as Alphabet, Amazon, Apple, Facebook, IBM, and Microsoft (referred to in this book as 3AFIM) and the Chinese quartet of Alibaba, Baidu, JD.Com, and Tencent (together referred to as ABJT) besides companies like Salesforce and Intel are actively engaged in adopting the new technologies and in hiring the top talent in the AI pool to develop new products and services in different areas to create new markets and industries and serve their customers better.The giants of the pre-AI age have all become heavy users and inventors of AI and other new technologies like robotics. 3AFIM is investing heavily to become the leader in the next generation of businesses led by AI. Even non-IT companies like the investment giant Berkshire Hathaway, America’s biggest bank JP Morgan Chase and the consumer product company Johnson and Johnson are investing heavily in AI to serve their customers.