HomeEventsDiscover the long run of AI with Fatih Nayebi, Vice President, Data...

Discover the long run of AI with Fatih Nayebi, Vice President, Data & AI, ALDO Group

If you may solve one global problem on the planet with AI, what wouldn’t it be and why?

I might deal with combating climate change. This is an urgent issue that affects every corner of the world and poses a threat to biodiversity, human health and economic stability. AI can play a vital role here, particularly through its ability to investigate huge data sets – greater than any human team could handle. By using AI, we are able to higher predict weather conditions, optimize energy consumption and even develop recent, more efficient materials to capture carbon dioxide.

What do you’re thinking that are the three most significant things for firms at once with regards to AI?

First, integrating AI into business processes is critical. AI isn’t only a tool to automate routine tasks; it’s a transformative force that may redefine the way in which we understand customer behavior, optimize logistics and even advance product development. Companies must strategically embed AI into their core processes to really realize its advantages.

Second, ethical AI and data management can’t be ignored. As firms collect and use more data, the responsibility to make use of that data ethically and ensure its security increases. This includes transparency in AI-driven decisions, protecting customer privacy and avoiding bias in AI models. Establishing robust governance frameworks around data and AI operations is critical to constructing trust and complying with increasing regulatory standards.

Finally, continuing education and talent development are critical. Technology is just nearly as good because the individuals who implement and manage it. Companies need to take a position in training their employees, not only to make use of AI tools, but additionally to think critically about how AI may be used innovatively of their roles. Building an AI-savvy workforce is critical for firms to stay competitive in a rapidly evolving digital landscape.

What do you’re thinking that are the three most significant things for humanity at once when it comes to AI?

First, ethical AI development is of utmost importance. As AI systems grow to be more integrated into our day by day lives, the necessity for these systems to operate fairly and transparently increases. We have to develop AI technologies that individuals can trust and depend on. This means establishing strict standards of fairness, ensuring transparency in decision-making and accountability for results.

Second, we’d like to handle the economic impact of AI, particularly when it comes to job relocation. AI brings enormous increases in efficiency, but additionally poses challenges for traditional professions and industries. It is significant to develop strategies and policies that support employees affected by AI-driven changes. This includes retraining programs, helping transition into recent roles, and even perhaps revising ideas like universal basic income.

Finally, it’s crucial that the advantages of AI are shared globally. This technology shouldn’t increase existing inequalities, but reasonably be a tool to enhance lives worldwide. We need initiatives that ensure AI technologies are accessible in numerous regions, support local innovation and address specific challenges comparable to healthcare, agriculture and education in less developed economies.

How do you’re thinking that AI could have its biggest impact in the subsequent 5, 10, 20 years?

Over the subsequent 5 years, AI will primarily improve existing technologies and make them more efficient and accessible. We will see significant improvements in AI applications for on a regular basis activities comparable to personalized healthcare, real-time language translation and smarter home automation. Companies will increasingly depend on AI to make data-driven decisions, optimize supply chains and improve customer experiences.

I expect AI to revolutionize industries over the subsequent decade by driving major innovations. In healthcare, for instance, AI could lead on to breakthroughs in personalized medicine and sophisticated surgical procedures, potentially extending life expectancy and quality. Autonomous vehicles could go mainstream, transforming transportation, reducing traffic accidents and reshaping urban planning. Additionally, AI-driven automation could transform labor markets and require changes in education and workforce development.

In 20 years, the impact of AI could extend to reworking social structures and interactions. I envision a world where AI interfaces function primary points of interaction for presidency, healthcare, and even interpersonal communication. AI could play a vital role in managing resources more efficiently, addressing global challenges comparable to climate change by optimizing energy consumption, and supporting large-scale environmental projects. It could also result in recent types of governance where decision-making is augmented with predictive models and real-time data evaluation.

Which 2 people do you admire most on the planet of AI when it comes to their work?

In the world of AI, there are two people whose work I greatly admire, Geoffrey Hinton and Yoshua Bengio. Both have been crucial to the advancement of deep learning and neural networks and have fundamentally modified the way in which we approach machine learning today.

Geoffrey Hinton, also known as the “godfather of deep learning,” was instrumental in the event of neural networks. His work on backpropagation within the Nineteen Eighties laid the muse for the AI ​​systems we see today in every part from speech recognition to medical diagnosis. Particularly inspiring is his ability to push the boundaries of AI, coupled together with his commitment to teaching and mentoring the subsequent generation of AI researchers.

Yoshua Bengio has also made profound contributions to the theoretical foundations of deep learning. His research has been crucial to understanding how deep networks work and advocating for the moral use of AI. As a professor and director of the Montreal Institute for Learning Algorithms, Bengio has created an environment committed to open collaboration and innovation in AI research.

I love her not just for her technical contributions, but additionally for her commitment to moral considerations and training in the sector of AI. Their work has not only driven technological advancements, but additionally promoted a thoughtful approach to the impact of AI on society.

What are you most looking forward to about competing within the WSAI series?

I’m incredibly excited to be participating within the World Summit AI Series for several reasons. First, the chance to network with among the brightest minds in artificial intelligence is invaluable. Interacting with other AI experts from different industries and with different academic backgrounds not only expands my very own understanding, but additionally enriches the collective knowledge that we are able to all bring to our respective areas of experience.

I’m also excited to learn more concerning the latest developments and innovations in AI. This summit is a showcase for cutting-edge research and ground-breaking applications of AI across various sectors. Understanding these advances allows me to bring recent ideas and technologies into my work at ALDO Group in addition to into teaching at McGill University.

Sharing my very own experiences and insights is one other aspect I’m looking forward to on the summit. Contributing to the worldwide conversation about AI and discussing practical challenges and solutions in large-scale implementation of AI in retail and education helps others and likewise gives me feedback that’s critical to growth and improvement.

Finally, I’m particularly enthusiastic about the discussions surrounding the moral use of AI and the way we are able to responsibly use AI to handle major global challenges comparable to climate change, healthcare and education. The World Summit AI Series isn’t only a platform for technology exchange, but additionally for shaping the long run impact of AI on society.

Global AI events calendar

24-25 April 2024

Montreal Canada

World AI Week

Seventh-Eleventh October 2024

Amsterdam, Netherlands

Ninth-Tenth October 2024

Amsterdam, Netherlands

Smart Health

Eleventh-Twelfth September 2024

Basel, Switzerland

10-11 December 2024

DECC, Doha, Qatar

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