Can utilities make AI exploration cost-effective as well as ambitious?

The Digital Utilities Think Tank with Wipro is our community for sharing digitalisation challenges and solving problems. The most recent session looked at using AI cost-effectively.

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We are living in a period of excitement and speculation about the possibilities of artificial intelligence.

That’s because AI has made a huge leap forward in sophistication in the last two years. In doing so, scepticism that computers with minds of their own could ever match or exceed human capabilities doing complex tasks has been erased.

But how do we make sure investments in AI generate returns? While excitement about AI has abounded at previous Digital Think Tanks, one expert said that an overly enthusiastic or too liberal approach to exploring it could “bankrupt utilities”.

Just hyperbole? Perhaps. But the point got us thinking.

At the most recent event, we wanted to examine whether utilities could make exploration of AI both cost-effective and ambitious. The short answer, as it turned out, is very much ‘yes’.

Read on to find out more.

“Scepticism that computers with minds of their own could ever match or exceed human capabilities doing complex tasks has been erased.”