Perhaps the greatest promise offered to businesses today stems from cognitive computing technology. These systems can process unstructured information in ways like humans, but much faster. They understand language patterns and sensory inputs, including text, pictures, and audio. The systems are already improving employee and customer experiences, streamlining new product innovation, enabling health care providers to spend more time with patients, and even saving lives by identifying customer safety issues before they cause accidents. Cognitive computing, also known as AI or smart machines, will impact the economy across many industries.
To learn more, check out the infographic below created by the Ohio University Online Master of Business Administration program.