Sunday, August 30, 2009

Chapter 2. Strategic Decision Making

In this week's chapter reading, chapter two briefly reflected upon artificial intelligence (AI). We have learned previously that technological advancements are a force to be reckoned with in the business world. Artificial intelligence "simulates human intelligence such as the ability to reason and learn. AI systems can learn or understand from experience, make sense of ambiguous or contradictory information, and even use reasoning to solve problems". With AI in the business field more effective decisions can be made and high costing jobs could be replaced with robotics. The whole idea about artificial intelligence is to try to produce a system that will "re-create" or mimic human intelligence. According to the text, "AI systems dramatically increase the speed and consistency of decision making, solve problems with incomplete information, and resolve complicated issues that cannot be solved by conventional computing".

The article that I chose to read about this week is from the Business Week newsletter entailing artificial intelligence and the creation of a new school by inventor Ray Kurzweil, called Singularity University. The school is located at the NASA Ames Research Center in Mountain View, California. The courses, which have already taken place this past summer, featured "intense three to ten day workshops to help senior executives steer their companies into the future". The school recruited top executives and staffs from such companies as Google, Yahoo!, Microsoft, NASA and other corporations to be a part of the staff at the school. Taking this course is costing each individual $15,000, causing many to doubt if the school's mission is truly to help businesses "grasp the implications of fast-changing fields such as biotechnology and robotics". The executive director of Singularity, Ismail says: "If CEOs are not asking themselves big questions about how rapidly accelerating technologies apply to their business, you have to start asking them some questions". At the beginning of the summer, the school received applications from over sixty different countries. We have yet to hear back from any of the Singularity students on what they have gained from the institute.

Business Week Article

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