How to create business value with AI

To help separate myth from reality using AI, the IBM Institute for Business Value (IBV), in collaboration with the MIT-IBM Watson AI Lab, interviewed individuals involved in deep-learning projects from more than 35 real-life artificial intelligence (AI) implementations around the globe. They talked to business and technology experts from more than a dozen industries about their AI goals, challenges, and learnings.

Some companies are still basing AI decisions on a few myths, rather than AI reality. “AI shortcuts don’t work.” Oh, but they do. “If it isn’t deep learning, it isn’t AI.” Not so. Part of AI’s power lies in its many variations. Fit for purpose matters. In this piece, IBM pull back the curtain on five artificial intelligence myths, revealing through data and real-world examples the truth about how companies are using AI, so business leaders and teams can learn from their peers.

The report can be downloaded here where they also describe 12 different use cases for different industries all presented with: Opportunity, Challenge, Solution and Outcome.